Archived News
16-07-2015
Ta Ann’s FFB Production Poised to Grow
16/07/2015 (Borneo Post) - Ann Holdings Bhd’s (Ta Ann) production of fresh fruit bunches (FFB) of palm oil is poised to grow given the company’s young weighted average palm oil tree age profile of approximately seven years.
16-07-2015
Malaysia-Turkey FTA Comes Into Effect On Aug 1
16/07/2015 (Bernama) - The Malaysia-Turkey Free Trade Agreement (MTFTA) will come into effect on Aug 1, 2015, International Trade and Industry Minister Datuk Seri Mustapa Mohamed announced today.
16-07-2015
Indonesian Palm Oil Levy Fund to Receive About $337 Million in 2015
16/07/2015 (Biofuels Digest) - In Indonesia, the fund developed to administer the levy collected on palm oil exports—about $337.36 million in 2015—is about ready to start operating. The levy goes into effect Thursday.
16-07-2015
Kerala Asks Centre to Stop Coconut Oil Import Move
16/07/2015 (Hindu Business Line) - Kerala has asked the Centre to dissuade the State Trading Corporation from importing coconut oil.
15-07-2015
VEGOILS -Palm Oil up for 4th Day on Short-covering, Firmer Soybeans
15/07/2015 (Reuters) - Malaysian palm oil futures rose for the fourth consecutive session on short-covering ahead of holidays and strength in Chicago soybean futures.
15-07-2015
Soybeans in India at Risk as El Nino Cripples Monsoon Rains
15/07/2015 (Bloomberg) - Soybean and peanut crops in India are at risk of lower yields as a deepening dry spell during the monsoon parches fields. Palm oil futures in Kuala Lumpur jumped to a one-week high.
15-07-2015
VEGOILS-Market Factors to Watch July 15
15/07/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
15-07-2015
India Soybean and Soyoil Contracts Drop, Rapeseed Up
15/07/2015 (Reuters) - Indian soybean and soyoil futures fell on Tuesday in line with the U.S. soyoil contract, but rapeseed rose on lower market arrivals.
15-07-2015
El Nino Starting to Bite in Asia
15/07/2015 (Bangkok Post) - Drought linked to the weather pattern will cut Thailand’s main rice harvest to the lowest in nine years. Soybeans sown in the past two weeks in India may be pulled out of the ground without immediate rain, and the outlook is cloudy for Asian palm oil. Australia’s wheat crop may decline.
15-07-2015
Palm Oil Fund Body Eyes Rp 4.5 Trillion in 2015
15/07/2015 (Jakarta Post) - An organization newly launched to collect a palm oil levy will soon start operation, aiming to garner up to Rp 4.5 trillion (US$337.36 million) in funds this year to revitalize aging oil palm plantations and incentivize the domestic biodiesel industry.
15-07-2015
Palm Oil Inventory to Decline This Month, Says HLIB
15/07/2015 (The Sun) - Analysts expect palm oil inventory to remain on a downtrend in July, with average price of crude palm oil (CPO) to range from RM2,175 to RM2,300 per tonne this year.
15-07-2015
FGV Confident Of Strengthening Position In Asian Palm-Based Downstream Sector
15/07/2015 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is confident of strengthening its market position as the leader in the palm-based downstream sector in Asia.