Archived News

14/04/2015 (Reuters) - Malaysian palm oil futures rose on Monday as weakness in the ringgit and gains in competing vegetable oils encouraged buying.

14/04/2015 (Daily Times) - President Mamnoon Hussain on Monday underlined the importance of regular high-level interaction between Pakistan and Nigeria and greater efforts to enhance bilateral trade.

14/04/2015 (Business Standard) - Prices of palmolein and soyabean oils fell by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand amid a weak global trend.

14/05/2015 (Hindu Business Line) - Crude palm oil futures on the Bursa Malaysia Derivatives ended marginally higher on Monday, as weakness in the ringgit and gains in the soya complex bolstered the sentiment. A weaker ringgit tends to rekindle demand hopes as higher end-stocks ahead of the increasing production season continue to worry traders. Benign demand and a record soyabean harvest continue to pressure CPO futures.

14/04/2015 (AG Week) - China imported 4.49 million tonnes of soybeans in March, up 5.4 percent from the month before as the world's top buyer of the oilseed shifts to cheaper South American supplies, official customs data showed on Monday.

14/04/2015 (FoodNavigator.com) - The Malaysian Palm Oil Council (MPOC) has denied claims of corruption and widespread export of palm oil from illegally deforested land.

14/04/2015 (The Star) - Malaysian palm oil players are expected to release weak quarterly results for the period ended March 31, as companies like IOI Corp Bhd and KL Kepong Bhd struggled with production setbacks and lower crude palm oil (CPO) selling prices, analysts said.

13/04/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday April 13.

13/04/2015 (Borneo Post) - Malaysian palm oil futures ended higher on Friday to 2,127, rebounded from a near four and half month low touched in late trade as robust export data boosted hopes that demand was improving while weekly prices still posted their biggest loss in three weeks.

13/04/2015 (Reuters) - Malaysian palm oil futures ended higher on Friday, pulling up from a near 4-1/2-month low touched in late trade as robust export data boosted hopes that demand was improving, although weekly prices still posted their biggest loss in three weeks.

13/04/2015 (Bernama) - Malaysia's palm oil stocks, output and exports roused in March.

13/04/2015 (Bernama) - Asia Media Group Bhd's wholly-owned subsidiary, DPO Plantations Sdn Bhd will form a joint venture (JV) company with Batu Emas Resources Sdn Bhd to cultivate oil palm in Sarawak.