Archived News

15/06/2015 (Reuters) - Malaysian palm oil futures fell to their lowest in two weeks on Friday and made their biggest weekly tumble in 12, as oversupply concerns were compounded by signs that buyers could switch to competing oils as the difference between prices has narrowed.

15/06/2015 (Daily Express) - Don't hire illegal workers, seek expert security input and invest in deterrent measures – these are the most effective ways to addressing security concerns over investing in the east coast of Sabah.

15/06/2015 (Business Standard) - Crude palm oil prices fell by 0.50% to Rs 453.20 per 10 kg in futures trade today amid sluggish demand in the spot market.

12/06/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and othervegetable oil markets.

12/06/2015 (Hindu Business Line) - Sentiment in edible oils market remained positive on Thursday despite thin physical volumes and bearish domestic soya oil futures. Malaysian palm oil futures closed steady. On the Bombay Commodity Exchange, soya and sunflower refined oil declined by ₹5/10 kg each. Cotton refined and palmolein dropped by ₹1 each, while groundnut oil was up ₹10. Local refineries reduced their rates for imported oils.

12/06/2015 (Reuters) - Malaysian palm oil futures edged down in light trade on Thursday, stretching their losing streak into a fourth day due to a rise in the ringgit and higher stocks in the No.2 grower.

12/06/2015 (Reuters) - A rally in the price ofpalm oil to three month-highs may run out of steam as buyingahead of the Muslim festival of Ramadan fades and markets bracefor growing supply as the main harvest approaches, traders andanalysts said.

12/06/2015 (Borneo Post) - Crude palm oil (CPO) production in May surpassed its three-year average production for that month, as it rose by 9.3 per cent year on year (y-o-y) to 1.81 million metric tonnes (mmt).

12/06/2015 (The Star) - Trading in the shares of Felda Global Ventures Holdings Bhd would be voluntarily suspended from 9am to 5pm on Friday.

12/06/2015 (AgriMoney.com) - Indonesia's palm oil output may be matching Malaysia's in showing a second-quarter revival, according to data from producers including REA Holdings, which flagged potential signs of price recovery too.

12/06/2015 (The Star) - Felda Global Ventures Holdings Bhd (FGV) is set to acquire a stake in an Indonesian oil palm company, expanding the group’s plantation assets in the republic, even as it seeks to exit refining business in North America.

11/06/2015 (Reuters) - Malaysian palm oil futures notched their third straight day of losses on Wednesday after an industry report showed inventories in the world's second-biggest producer swelled to a six-month high in May.