Archived News

08/05/2015 (Global News Network) - Golden Veroleum Liberia signed a Letter of Acceptance with Malaysia-based Modipalm Engineering Sdn Bhd for the construction of its Tarjuowon Palm Oil Mill and Greenville Bulking Station. The contract, worth upwards of 21 million USD, is expected to be completed by 2017 and will employ several hundred Liberians during construction and approximately 150 Liberians in industrial processing when in full operation.

08/05/2015 (Reuters) - China imported 5.31 million tonnes of soybeans in April, down 18.3 percent from a year ago after a truck strike in early March in Brazil, the world's top exporter, delayed shipments.

08/05/2015 (Jakarta Post) - Domestic biofuel producers have demanded exemption from paying levies for the shipment of palm oil products overseas, as such policy will create more burdens for the industry.

08/05/2015 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

08/05/2015 (Bangkok Post) - Democrat Party member Thaworn Senneam has called on the prime minister to investigate the importing of 50,000 tonnes of crude palm oil which led to an oversupply and falling prices for domestic palm oil.

08/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

08/05/2015 (Reuters) - Malaysian palm oil futures fell on Thursday as comparative soy markets weakened and investors fretted about a build-up in stocks in the world's No.2 producer, cutting short a rally that had lifted prices up 6 percent in the past week.

07/05/2015 (Hindu Business Line) - Copra prices decreased this week on slack demand.

07/05/2015 (Food Navigation.com) - Stricter voluntary guidelines on deforestation, peatland development and indigenous people’s rights will strengthen the sustainable palm oil certification, says the RSPO.

07/05/2015 (Reuters) - Malaysian palm oil futures rose for a third day on Wednesday to touch their highest level in a month after a jump in overseas soy markets and as investors covered short positions after Indonesia set a palm export levy to fund biodiesel subsidies.

07/05/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday May 7.

07/05/2015 (Bernama) - The Indonesian government has announced a plan to introduce export levies for palm oil exporters that will be used primarily to fund its biodiesel programme, as well as for replanting and research programmes in local plantations.