Archived News

09/06/2015 (Reuters) - Malaysian palm oil futures rose to their highest in over three months on Monday, supported by a slump in the ringgit to a nine-year low and plans by Malaysia to increase its biodiesel mandate to 10 percent by October.

09/06/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday June 9.

09/06/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday on worries of weakening demand, but losses were capped by a slump in the ringgit to a nine-year low and supported by Malaysia’s plans to lift its biodiesel mandate to 10 per cent by October. Exports of Malaysian palm products in May had surged higher sharply from a month ago, although it is doubtful that the strong demand can be sustained going forward too.

09/06/2015 (Jakarta Post) - The government expects to soon complete the establishment of a special public service agency (BLU) that will collect and manage a new levy on exports of palm oil, a minister says.

08/06/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

08/06/2015 (The Star) - The government targets to implement the B10 biodiesel programme using crude palm oil (CPO) starting from October this year.

08/06/2015 (Hindu Business Line) - Soya food major Ruchi Soya and international civil society organisation Solidaridad have entered into an agreement to scale up palm oil production in the country.

08/06/2015 (Borneo Post) - Malaysian palm oil futures climbed higher on Friday to 2,340, due to the weakening ringgit. However, weak overseas soy-oil markets kept a lid on gains.

08/06/2015 (Latin American Herald Tribune) - Production of oil palm has the potential to become a growth engine for Colombian agriculture, the president of the National Federation of Oil Palm Growers, or Fedepalma, told Efe.

08/06/2015 (Bernama) - East West Horizon Plantation Bhd, a unit of East West One Group' s (EWOG) aims to raise up to RM320 million within three years from its newly launched East West Horizon Planters' Scheme (EWHPS).

08/06/2015 (Bernama) - The Ministry of Plantation Industries and Commodities (MPIC) expects the B10 biodiesel programme to be fully implemented nationwide by October this year.

08/06/2015 (Bernama) - Asia Bioenergy Technologies Bhd, an investment holdings company, will concentrate on exports to drive company earnings this year.