Archived News

18/02/2015 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 18.

18/02/2015 (Borneo Post) - IOI Corporation Bhd (IOI Corp) recorded an exceptional loss of RM449.6 million in the first half of financial year 2015 (1HFY15), comprising an unrealised translation loss on forex debt of RM361.9 million, fair value gain on derivatives of RM36.1 million and unrealised fair value loss on foreign currency forward exchange contracts in the manufacturing division of RM123.8 million.

18/02/2015 (Waco Tribune-Herald) - You probably had some palm oil today. If it wasn’t in your toothpaste or your shampoo, it was in the margarine you had at breakfast. Found in roughly half of the products sold in modern supermarkets, it’s the world’s most popular edible oil.

18/02/2015 (Radio Australia) - Papua New Guinea's palm oil industry has a new player in Sime Darby, but questions are already being asked about whether the country's reputation for sustainable practices is at stake.

18/02/2015 (The Guardian) - The ubiquity of palm oil, which appears in everything from margarine to lipstick, is now widely recognised. So too are the detrimental effects of palm oil plantations on the world’s remaining rainforests. So why do we keep using it?

17/02/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Feb 17.

17/02/2015 (Jakarta Post) - The Indonesian Forum for the Environment (Walhi) is warning that the government’s policy to shift subsidies from fossil fuels to palm oil-based biofuel will only accelerate deforestation in this country.

17/02/2015 (Jakarta Post) - Indonesia’s trade balance posted a larger-than-expected surplus of US$709.4 million in January as imports weakened, particularly on lower oil prices.

17/02/2015 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

17/02/2015 (Hindu Business Line) - Despite being one of the largest producers of oilseeds in the world, India’s import dependence has doubled over the past few years owing to expanding consumption of edible oils and stagnating production of oilseeds.

17/02/2015 (Business Standard) - The wholesale oils and oilseeds market depicted a mixed trend today as groundnut and cottonseed mill delivery oils strengthened on millers and retailers buying, while a few others remained weak on adequate supplies.

17/02/2015 (Reuters) - Malaysia has kept tax on exports of crude palm oil at zero for March, a government circular showed on Monday, extending a duty-free policy held since October.