Archived News

28/08/2015 (Hindu Business Line) - India's overseas purchases of palm oil in the year starting November are set to rise nearly 8 per cent to a record 10 million tonnes as producers dump the tropical oil at steep discounts, key importer Ruchi Soya said on Thursday.

28/08/2015 (AllAfrica.com) - Director of research at Nigeria Institute for Oil Palm Research (NIFOR) Dr Celestine Ikwuenobi is alarmed that palm oil widely used for food has been adulterated with chemicals used in the dyeing of clothes.

27/08/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

27/08/2015 (Bernama) - Sime Darby Bhd pre-tax profit for the financial year ended June 30, 2015 (FY15) fell to RM3 billion from RM3.96 billion a year ago.

27/08/2015 (Bernama) - Renewable energy provider, Agni Power Sdn Bhd, has allocated RM150 million to build a biomass energy power station using empty oil palm fruit bunches (EFB) here

27/08/2015 (Bernama) - Sime Darby Bhd expects crude palm oil (CPO) prices to average between RM1,900 and RM2,000 per tonne until the end of September

27/08/2015 (The Star) - Sabah-based plantation company TSH Resources Bhd posted a lower core operating profit at RM26.4mil for the second quarter ended June 30, 2015 compared with RM51mil in the corresponding quarter last year.

27/08/2015 (Business Standard) - Crude palm oil prices were down by 0.72% to Rs 360.50 per 10 kg in futures trade today after participants trimmed positions, taking negative cues from spot market on sluggish demand.

27/08/2015 (Business Standard) - Refined palmoil softened further in an otherwise lacklustre Vashi oils and oilseeds wholesale market here today due to lower demand from retailers.

27/08/2015 (Hindu Business Line) - The Cauvery Delta Farmers’ Welfare Association has urged the State government to fix the minimum procurement price for oil palm at Rs. 9,000 a tonne.

26/08/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

26/08/2015 (MindaNews) - Palm oil industry stakeholders are pushing for the development of more oil palm plantations in parts of Mindanao in a bid to cope with the growing domestic demand.