Archived News

30/06/2015 (Alliance News) - Anglo-Eastern Plantations PLC Monday said crude palm oil prices and production have fallen in 2015, but said it "cautiously expects" profitability and cash flow to hit expectations in 2015.

30/06/2015 (Reuters) - Malaysia's Felda Global Ventures Holdings Bhd defended its planned $680 million purchase of a 37 percent stake in Indonesia's PT Eagle High Plantations, saying it was not overpaying and would not be taking on too much debt.

29/06/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday June 29.

29/06/2015 (Borneo Post) - Malaysian palm oil futures climbed higher on Friday to 2,278, while heading for their first weekly gain in three weeks, as the ringgit continued to retreat. However, caution over Indonesia’s new palm export levies weighed on the price.

29/06/2015 (Reuters) - Indian oilseeds contracts rose on Friday in line with overseas markets where palm oil futures cloaked its first weekly gain. Malaysian palm oil futures rose in light trade on Friday to post their first weekly gain in three as the ringgit continued to retreat, but caution over Indonesia's new palm export levies kept prices in a tight trading band.

29/06/2015 (IHS Maritime 360) - Shipbrokers told IHS Maritime that they have been fixing more palm oil cargoes to China and India ahead of the Mid-Autumn Festival on 27 September and Ramadan on 17 July.

29/06/2015 (Jakarta Post) - Palm oil heavyweight PT Asian Agri plans to develop 20 biogas-fired power plants (PLTB) within the next five years to produce electricity for its own needs and for the people around the company’s plantations.

29/06/2015 (Financial Express) - The prices of essential commodities on high demand during Ramadan are rising, while the vegetables prices dropped. The prices of lentils, palm oil, soybean oil, ginger, chicken and beef increased from those of the last week (from June 20 to June 26). But in Dhaka’s kitchen markets, the price of vegetables dropped on Saturday.

29/06/2015 (Kansas City infoZine) - Wendy’s, the international fast food chain issued a statement on responsibly sourcing palm oil. The Union of Concerned Scientists (UCS) says their palm oil position is more talk than action, and does not indicate a serious commitment to reducing deforestation or climate emissions.

29/06/2015 (Yibada) - The United States Food and Drug Administration (FDA) has given food companies three years to remove the ingredient trans fat oils from all their products, stating that the 2018 ban is due to the fatty acids being proven as unsafe. Although trans fat-making partially hydrogenated vegetable oils are artery-clogging and dangerous to heart heath, their creamy and tasty flavor can be substituted with cooking alternatives.

26/06/2015 (Reuters) - Malaysian palm oil futures rose in light trade on Friday and were heading for their first weekly gain in three weeks as the ringgit continued to retreat, but caution over Indonesia's new palm export levies kept prices in a tight trade.

26/06/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday June 26.