Archived News

31/03/2015 (Reuters) - The share of palm oil in India's growing edible oil imports is expected to drop to the lowest since 2005/06 in the current year to October, as a narrower discount for prices of the tropical oil versus that of rival soyoil hurts demand.

31/03/2015 (Customs Today Newspaper) - Indonesia set its crude palm oil export tax for April at zero, unchanged from March, the Trade Ministry said on its website on Monday.

31/03/2015 (The Star) - Fitch Ratings has revised its outlook on Sime Darby Bhd’s long-term foreign and local currency issuer default ratings (IDR) to “negative” from “stable,” following the steep increase in the company’s funds from operations (FFO) adjusted net leverage.

31/03/2015 (Hindu Business Line) - Malaysian palm oil futures on BMD ended higher on Monday, as market participants positioned ahead of the news of possible duty hikes from Indonesia.

31/03/2015 (Jakarta Globe) -. Musim Mas, one of Indonesia’s biggest traders in palm oil, has announced that it has joined the Indonesian Palm Oil Pledge, environmental group Greenpeace said in its press release.

31/03/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday March 31.

30/03/2015 (The Star) - Shin Yang Shipping Corp Bhd (Syscorp) and other local shipping firms are likely to gain from reduced competition with the impending withdrawal of Hubline Bhd from the container cargo transportation business.

30/03/2015 (Business in Cameroon) - In its 2014-2015 roadmap for the creation of the Cameroon Commodities Exchange (CCX), the Eleni LLC firm, which is advising the government on this project, has selected eight agricultural products to be sold on the platform.

30/03/2015 (FoodNavigator-Asia) - The “viciously complex” issue of palm is dependent on FMCG companies like Unilever mobilising their consumers to act barrack for sustainable production across Asia, a former head of Greenpeace believes.

30/03/2015 (Business Wire) - Enzymicals is a consortium partner in three projects of the H2020-funding period. With these projects a total of € 1.2 million grants were procured for Enzymicals. The company thus has the opportunity to focus more on the scale-up and piloting of biocatalytic processes, on developing new products and on promoting young scientists. At the same time these projects strengthen the company’s international network.

30/03/2015 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1700 GMT:

30/03/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.