Archived News

16/06/2015 (Reuters) - Malaysian palm oil futures extended losses for a second day on Monday, tracking declines in competing markets, while data showing an increase in shipments from Malaysia in June and a new Indonesian export levy provided little support.

16/06/2015 (Reuters) - Indonesian crude palm oil (CPO) output likely rose 4 percent in May to its highest level since at least August, a survey of leading industry officials showed, due to a seasonally high production month and as many plantations mature.

16/06/2015 (Corn and Soybean Digest) - Both traditional soybean oil and high-oleic soybean oil are poised for growth over the next five years, according to the latest outlook assessment by Soy Insights experts. However, this depends on how several key questions are resolved.

16/06/2015 (Bernama) - Smallholders nationwide can cushion themselves against price fluctuations if they plant at least two crops, said Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas.

16/06/2015 (Bernama) - Felda Global Ventures Holdings Bhd's (FGV) shares was among the top losers in the morning session today and despite the announcement on the proposed acquisition of a 37 per cent stake in PT Eagle High Plantations (EHP) in Indonesia for US$680 million.

16/06/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday tracking declines in competing markets, while data showing an increase in shipments from Malaysia in June and a new Indonesian export levy did not help much.

16/06/2015 (NNT) - The Public Warehouse Organization (PWO) has indicated it cannot perform intervention buying of crude palm oil at this time, as the market price has exceeded the predetermined intervention price.

15/06/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday June 15.

15/06/2015 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,277, due to oversupply concerns and a stronger ringgit which were compounded by signs that buyers could switch to competing oils.

15/06/2015 (EurekAlert) - Higher supermarket prices for eco-friendly palm oil could help save endangered species - according to University of East Anglia (UEA) research.

15/06/2015 (The Phnom Penh Post) - Five local representatives from Ratanakkiri’s Lumphat district were questioned in court on Friday, following accusations from a Vietnamese company of unlawful land-grabbing, according to NGO Adhoc and community representatives.

15/06/2015 (Bloomberg) - Palm oil imports by India surged to an all-time high on speculation a weak monsoon for a second straight year will cut oilseeds output and widen a cooking oil shortage.