Archived News

29/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

29/05/2019 (The Edge Market) - CB Industrial Product Holding Bhd (CBIP) ( Financial Dashboard) is expected to secure up to RM500 million worth of contracts for its palm oil engineering business, giving it a double-digit growth in revenue this year.

29/05/2015 (Reuters) - Malaysian palm oil futures rallied to a two-week high on Thursday as traders took advantage of a falling ringgit, supported by gains in competing markets and signs that the El Nino weather phenomenon could already be hurting output in East Malaysia.

29/05/2015 (Reuters) - Indian oilseeds futures fell on Thursday on profit-taking as the onset of monsoon rains over the southern coast nears, raising hopes of timely summer sowing across the country.

29/05/2015 (The Star) - The weaker price of crude palm oil (CPO) is making a huge dent on timber companies’ earnings.

29/05/2015 (Business Standard) - Prices of palmolein oil rose by Rs 50 per quintal in an otherwise steady wholesale oil and oilseeds market today on the back of scattered buying support from retailers.

28/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday May 28

28/05/2015 (Reuters) - Malaysian palm oil futures edged up to a near two-week high on Wednesday as a weaker ringgit made the feedstock cheaper for overseas customers, but uncertainty about demand kept prices in a tight trading range.

28/05/2015 (Times of Zambia) - ISUBILO Palm Oil Cooperative has called for increased investment in palm oil production in Mwense District of Luapula Province to boost edible oils sustainability in the country.?Cooperative chairperson Alexander Chibiliti said the edible oils sub-sector remained unchallenged in terms of utilisation of its potential, especially in Mwense despite abundant resources.

28/05/2015 (Bernama) - TH PLantations Bhd's pre-tax profit fell to RM320,000 for its first quarter ended March 31, 2015 from RM12.01 million in the same quarter last year.

28/05/2015 (Bernama) - Genting Plantation Bhd's pre-tax profit and revenue dropped by 54 per cent and three per cent, respectively for the first quarter ended March 31, 2015 due to lower palm product selling prices and fresh fruit bunch production (FFB).

28/05/2015 (Jakarta Post) - The Predictive Ocean Atmosphere Model for Australia (POAMA) projects a high El Niño probability (Table 1) with sea surface temperatures (SST) anomaly level potentially rising an average of 1° C, threatening Southeast Asia’s Crude Palm Oil (CPO) producing countries, in particular Indonesia and Malaysia.