Archived News

02/03/2015 (Borneo Post) - Malaysian palm oil futures climbed higher on Friday to 2,309, due to expectations of weak output from Indonesia, coupled with investors buying ahead of a key industry conference.

02/03/2015 (Bloomberg) -- Indonesia’s goal of boosting use of biodiesel made from palm oil by more than doubling subsidies is being threatened by the slump in crude prices.

02/03/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday March 2.

02/03/2015 (The Star) - Implementation of the B10 biodiesel mandate this year can support crude palm oil (CPO) prices to trade above RM2,000 per tonne, according to the Malaysian Biodiesel Association.

02/03/2015 (The Star) - The newly-implemented Malaysian Sustainable Palm Oil (MSPO) certification standard this year has garnered strong support from both domestic palm oil industry players and exporters alike.

02/03/2015 (Customs Today Newspaper) - European Union said that there was increasing dispute with Russia on excessive import duties on palm oil, paper product and refrigerators.

02/03/2015 (AllAfrica.com) - PZ Wilmar, producers of Devon King's Oil, recently rewarded its distributors across the country with gifts worth over N100 million in its "National Devon King's Cruise Promo."

02/03/2015 (Reuters) - Friday's Rotterdam vegetable oil prices at 1700 GMT.

02/03/2015 (VietNamNet Bridge) - The Viet Nam Vegetable Oils Industry Corporation (Vocarimex), a cooking oil giant with four subsidiary companies and three associated companies, owns the largest chunk of market share in the domestic cooking oil sector.

02/03/2015 (Hindu Business Line) - Pulses importers have something to cheer for what the Budget has not done to them. Finance Minister Arun Jaitley has chosen to leave the duty-free status of imported pulses untouched. Imports of pulses are currently at nil duty, but the extant exemption expires on March 31.

02/03/2015 (Bernama) - Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to see subdued trading with prices capped between RM2,200 and RM2,350 per tonne next week, dealers said.

30/03/2015 (Reuters) - Malaysian palm oil futurestouched a near two-week low on Monday, before reversing lossesto end positive as traders positioned themselves ahead of exportdata due later this week.