Archived News

04/03/2015 (Bernama) - Palm oil production in Malaysia and Indonesia is set to increase in 2015 provided the climate remains normal, United Plantation Bhd's chief executive director Datuk Carl Bek-Neilsen said.

04/03/2015 (Bernama) - The volatility in the share price of Felda Global Ventures Holdings Bhd (FGV) is a reflection of crude palm oil (CPO) prices and not purely based on the firm's financial standing.

04/03/2015 (Bernama) - India's rising palm oil consumption and the shift in its consumers' preference for edible oils from oilseeds are a boon to Malaysia's palm oil export.

04/03/2015 (Bernama) - OAM Asia (Singapore) Pte Ltd (OAMA) has acquired 90 per cent stake in PT Surya Agro Persada (SAP) for RM98.321 million, Oriental Holdings Bhd (OHB) said in a filing to Bursa Malaysia.

04/03/2015 (Bernama) - The government will explore the possibility of the B10 Programme, which it is considering implementing nationwide, to be extended to other sectors, such as industry and power generation.

03/03/2015 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday March 3.

03/03/2015 (Hindu Business Line) - Sentiment in edible oils market turned bullish on Monday tracking firm futures amid improved physical demand. Spurt in Malaysian palm oil and firm Chicago soya oil projections lifted palmolein and soya oil by ₹4 and ₹3 each and cotton refined oil by ₹7 for 10 kg on the Bombay Commodity Exchange. Liberty was quoting palmolein at ₹515, super palmolein ₹540 and soyabean refined oil ₹610. Ruchi’s rates: palmolein ₹515, soyabean refined oil ₹605 and sunflower refined oil ₹625. Allana traded palmolein for ₹522, super palmolein ₹543, soyabean refined oil ₹605, sunflower oil ₹628.

03/03/2015 (Bloomberg) - Palm oil output forecasts that show the Malaysian harvest expanding to a record are too optimistic, according to Dorab Mistry, who signaled that investors should focus on supply as two low cycles coincide.

03/03/2015 (Borneo Post) - Although the financial year 2014 (FY14) results for Sarawak Oil Palms Bhd (SOP) came in below expectations, analysts believe the group will perform significantly better this year.

03/03/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended sharply higher on Monday boosted by a rate cut in China and a weaker ringgit further underpinned prices.

03/03/2015 (Hindu Business Line) - A day ahead of the annual Palm and Lauric Oils Price Outlook conference organised by Bursa Malaysia, the mood at the event venue is clear. No one is expecting a bull run in palm oil prices in particular and the global vegetable oil market in general.

03/03/2015 (Daily Express) - The Sabah State Government is always in support of private sector initiatives or private companies keen on setting up more palm oil mills.