Archived News

26/01/2015 (Reuters) - Malaysian palm oil futures declined to their lowest since December on Friday, as global market uncertainties diminished demand for the edible oil from top customers China and India, but a forecast dip in production after Malaysia's recent floods provided support.

23/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

23/01/2015 (Reuters) - Indian soyoil and rapeseed futures extended their losses on Thursday on a drop in Malaysian palm oil and higher imports of edible oils, while soybeans fell on sluggish export demand for soymeal.

Jan 23 (Reuters) - Wilmar International Ltd. , the world's largest palm oil processor, opened its supply chains to outside scrutiny on Thursday in what environmentalists called an unprecedented step to help safeguard tropical forests.

23/01/2015 (The Guardian Nigeria) - Thirty-two ships are expected to arrive at the Lagos ports with various products, the Nigerian Ports Authority (NPA) said on Thursday.

23/01/2015 (Guardian) - Amidst concerns overby dwindling revenue profile of the country from unstable global oil prices, the stakeholders in the food processing industry, yesterday, expressed belief that the sector has the capacity to become Nigeria’s highest revenue earner if strategically supported and exploited.

23/01/2015 (Reuters) - Malaysian palm oil futures declined to their lowest since December on Friday, as global market uncertainties diminished demand for the edible oil from top customers China and India, but a forecast dip in production after Malaysia's recent floods provided support.

23/01/2015 (The Guardian Nigeria) - President Goodluck Jonathan has approved the release of N26 billion for the 2015 dry season farming in the country.

23/01/2015 (Reuters) - Indian soyoil futures extended losses on Friday to hit their lowest in a month, tracking declines in Malaysian palm oil and hit by a stronger rupee, while soybeans dropped on sluggish export demand for soymeal.

23/01/2015 (Jakarta Post) - The current investment and trade environment in Indonesia, coupled with ongoing recovery in the economy at home, has boosted the optimism of US companies to do more business in Southeast Asia’s biggest economy, a high-ranking economic official says.

23/01/2015 (Thailand National News Bureau) - The Internal Trade Department has ensured that a four-baht increase in vegetable oil price will not make the price exceed its ceiling of 42 baht per bottle. It also confirmed there would not be a lack of vegetable oil in the country.

23/01/2015 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1700 GMT.