Archived News

06/05/2015 (Reuters) - A new Indonesian regulation requiring exporters to pay a levy of US$50 per tonne of crude palm oil and US$30 for processed palm oil product shipments will take effect by the third week of May at the latest, the Chief Economic Minister said on Wednesday.

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

05/05/2015 (Borneo Post) - Malaysian palm oil futures climbed higher on Thursday to 2,103, due to investors closing out positions ahead of a long holiday weekend.

05/05/2015 (Reuters) - Malaysian palm oil futures rose for the first time in a week on Thursday as investors squared positions ahead of a long holiday weekend, but the gains were not enough to prevent the contract from recording its second straight monthly drop.

05/05/2015 (Pattaya Mail) - The government is expected to approve a new palm oil purchasing regulation at the next meeting of the Oil Palm Policy Committee, according to Deputy Prime Minister and Defence Minister Prawit Wongsuwan.

05/05/2015 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is confident of generating higher revenue from its palm oil and palm-related downstream activities in the next one to two years by exploring new product lines and expanding its production capacity.

05/05/2014 (Bloomberg) - For the second time in a year, Indonesia’s growth probably fell short of 5 percent last quarter.

05/05/2015 (Business Times) - Kencana Agri will report a net loss for the three months ended March 31, the palm oil producer announced late on Monday.

05/05/2014 (Bernama) - Malaysian palm oil and related products are the main pillars that will boost its trade with South Korea (the Republic of Korea), said Malaysian Ambassador to the republic, Datuk Rohana Ramli.

05/05/2015 (GhanaWeb) - Solidaridad, a non-profit organisation that supports the sustainable development of farmers and production systems in West Africa, has organised an outreach programme for its farmers at Kade in the Eastern Region.

05/05/2015 (Business Mirror) - The Philippines could purchase as much as 102,000 metric tons (MT) of palm kernel oil until September 30 this year, according to the latest report published by the Foreign Agricultural Service (FAS) of the US Department of Agriculture in Manila.

05/05/2015 (Jakarta Post) - An international environmental forum has found that Indonesia still lacks the necessary legal basis to support zero-deforestation commitments.