Archived News

03/07/2015 (Bernama) - Some 1.22 million tons of crude palm oil (CPO) from the country's stockpile will be utilised annually upon the implementation of the B10 biodiesel programme, said Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas.

03/07/2015 (The Star) - CIMB Research is estimating that palm oil inventories that is set to be announced on July 10 could post a 3% month-on-month (m-o-m) decline to 2.17 million tonnes at end-June.

02/07/2015 (Reuters) - Malaysian palm oil finished in positive territory on Wednesday, tracking other vegetable oils higher after a bullish overnight U.S. agriculture department report but with traders remaining cautious after Greece's debt default.

02/07/2015 (Reuters) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

02/07/2015 (Hindu Business Line) - Edible oils market witnessed hectic activities as all local refineries booked good orders from stockists on back of sharp jump on futures markets amid higher physical demand which lifted palmolein by ₹5. Cotton refined oil rose by ₹2. Vikram Global Commodities quoted ₹540 for Malaysian super palm July delivery. Liberty was quoting palmolein at ₹507 JNPT, super palmolein ₹538 and soyabean refined oil ₹598. Ruchi’s rates: palmolein ₹504, soyabean refined oil ₹590, sunflower refined oil ₹690. Allana traded palmolein for ₹507, super palmolein ₹540, soyabean refined oil ₹590 and sunflower oil ₹692. In Saurashtra-Rajkot, groundnut oil Telia tin was steady at ₹1,600 and loose (10 kg) ₹1,025.

02/07/2015 (The Star) - Affin Hwang Capital Research has upgraded Hap Seng Plantations to a Hold on valuation as it offers above-average dividend yield.

02/07/2015 (Business Standard) - Crude palm oil prices drifted by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to sluggish demand.

02/07/2015 (Bloomberg) - Tropical commodities including palm oil are favored over gold and copper in the second half, according to Oversea-Chinese Banking Corp., which warned of rising risks to farm supplies from the El Nino weather pattern.

02/07/2015 (Bangkok Post) - Oil palm ramp operators on Wednesday dumped palm nuts outside the provincial hall in protest at the government’s palm nut buying methods and price structure.

01/07/2015 (Reuters) - Malaysian palm oil futures flirted with one-month lows on Tuesday, falling as much as 2 percent with sentiment hit by the collapse of Greek bailout talks.

01/07/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

01/07/2015 (The Nation) - President Pakistan Businessmen and Intellectuals Forum and Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Tuesday said self-sufficiency in edible oil production can help country save 2.5 billion dollars annually.