Archived News
22-05-2015
VEGOILS-Market Factors to Watch May 22
22/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
22-05-2015
Palm Oil Outlook Likely to Improve This Year
22/05/2015 (News Straits Times) - Although crude palm oil (CPO) prices have been hit hard this year; falling to a five-year low, its prospects are expected to improve due to a recovering global demand, biodiesel uptake and rising health awareness.
22-05-2015
Palm Oil Should Not Be Seen As A Threat
22/05/2015 (New Straits Times) - During the 1980s, the palm oil sector endured constant attack by Western-based non-governmental organisations (NGOs) which hurled the sector with a number of accusations.
22-05-2015
Mitigating Effects of Climate Change
22/05/2015 (Sun.Star) - As climate change threatens the agriculture sector, the government sees the need to bring back the country's forest cover by creating a carbon sink to mitigate its effects.
22-05-2015
VEGOILS-Palm Down for Fifth Day, But Trades in A Tight Range
22/05/2015 (Reuters) - Malaysian palm oil futures edged down for a fifth day on Thursday, with prices hovering in a tight range just above a near-three-week low hit on Wednesday, as competing external and local factors sent mixed signals, traders said.
22-05-2015
Sime Darby's Q3 Pre-tax Profit Declines To RM595.2 Million
22/05/2015 (Bernama) - Sime Darby Bhd's pre-tax profit for the third quarter ended March 31, 2015, declined 38 per cent to RM595.2 million from RM960.54 million recorded in the same period last year.
22-05-2015
Sarawak Plantation's Pre-tax Profit Falls To RM7.27 Million
22/05/2015 (Bernama) - Sarawak Plantation Bhd's pre-tax profit for the first quarter ended March 31, 2015 fell to RM7.27 million from RM21.86 million in the same quarter of 2014.
22-05-2015
UPDATE 1-El Nino May Push Palm Price to $700; Output Impact in 2016 -Indonesian Industry
22/05/2015 (Reuters) - The El Nino weather phenomenon predicted by meteorologists could push depressed palm oil prices as high as $700 a tonne this year, an industry group in top producer Indonesia said on Friday, although any impact on production would not come until early 2016.
22-05-2015
Bt2.95 Bn Subsidies for Palm Oil
22/05/2015 (The Nation) - Kanit Likhitvidhayavuth, deputy secretary general of the Office of the Agricultural Economics as the spokesman of the committee, said that the purchases will start when oil palm kernel price is below Bt4.20 per kg and when palm oil is below Bt26.20 per kg.
22-05-2015
Commercialize Palm Oil Production – Dr. Nguleka
22/05/2015 (ZNBC) - Zambia National Farmers Union -ZNFU- President Evelyn Nguleka has encouraged Small Scale farmers in Mwense district to venture into palm oil production.
21-05-2015
VEGOILS-Palm Hits Near 3-Week Low, But Robust Exports Check Losses
21/05/2015 (Reuters) - Malaysian palm oil futures slipped to the lowest in almost three weeks on Wednesday, stretching their losses into a fourth session as weakness in comparative markets overseas dragged, although robust export demand put a floor under prices.
21-05-2015
VEGOILS-Market Factors To Watch May 21
21/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.