Archived News
22-01-2015
VEGOILS-Palm Oil Falls to Over 2-Wk Low on Technical Selling
22/01/2015 (Reuters) - Malaysian palm oil futures fell to their lowest in over two weeks on Wednesday, after worries over monsoon floods Borneo's key palm-growing areas triggered a round of technical selling in the tropical oil.
22-01-2015
Vegoils: Market Factors to Watch on Thursday Jan 22
22/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Jan 22.
22-01-2015
Kwaiga Raises Challenges Facing Proposed Oil Palm Projects Here
22/01/2015 (Solomon Star) - Malaita Provincial member for Ward 7, Leslie Kwaiga cautions Malaitans from being over excited about the establishment of Auluta Basin and Wasisi Oil Palm developments despite the recent announcement of the purchase of 50,000 seedlings by the National Government.
22-01-2015
Projected Lower Budget Deficit Achievable
22/01/2011 (Borneo Post) - Analysts across the board were generally receptive of the goverment’s move to estimate a lower budget deficit of minus 3.2 per cent for Gross Domestic Product (GDP) for 2015, but underscored risks such as oil prices and possible shortfalls in tax revenue receipts.
22-01-2015
Matrade Targets RM400 Mln In Sales At Gulfood 2015
22/01/2015 (Bernama) - The Malaysia External Trade Development Corp (Matrade) aims to rake in RM400 million in sales at the Gulfood 2015, the biggest annual food and hospitality trade show in Dubai, United Arab Emirates (UAE) from Feb 8-12.
22-01-2015
India Oilseeds, Soyoil Drop; Sugar Rises on Export Subsidy Hopes
22/01/2015 (Reuters) - Indian soyoil and rapeseed futures dropped on Wednesday following losses in rival Malaysian plam oil and on a stronger rupee, while soybeans shed nearly 2 percent on subdued export demand for soymeal.
22-01-2015
Biodiesel 2015: The Top 14 Trends For The New Year
22/01/2015 (Biofuel Digest) - This morning, the National Biodiesel Conference & Expo opens in Ft. Worth, just hours before President Obama delivers what is expected to be a realistic-legislation-free State of the Union Address in Washington. In Texas, you can expect more practical talk and actions on behalf of America’s favorite advanced biofuel, biodiesel — and, to an increasing extent, the world of drop-in renewable diesel as well.
22-01-2015
Nigeria: Revamping Oil Palm Sector Through Effective Backward Integration Policy
22/01/2015 (The Guardian Nigeria) - Having lost its global competitiveness as the world's largest producer of palm oil, Nigeria has begun to make efforts towards reclaiming its position through a backward integration exercise to drive the production of Crude Palm Oil.
21-01-2015
VEGOILS-Palm Edges up on Near 6-yr Low Ringgit, But Struggles With Grim Outlook
21/01/2015 (Reuters) - Malaysian palm futures slipped to a two-week low on Tuesday as lacklustre demand and a grim outlook on global commodity markets piled pressure, but prices pulled up in late trade as they clung onto support from the ringgit that slumped to near 6-year lows.
21-01-2015
Sarawak POIC to Make Vitamins
21/01/2015 (Daily Express) - Palm oil-based downstream activities in Palm Oil Integrated Complex (POIC) in Bintulu is gaining impetus with the help of the Malaysian Palm Oil Board (MPOB – formerly known as Porim) to put Sarawak on the world's map.
21-01-2015
Vegoils: Market Factors to Watch on Wednesday Jan 21
21/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 21.
21-01-2015
Refineries Cut Palm Oil, Soya Oil Rates
21/01/2015 (Hindu Business Line) - The bearish trend continued in the edible oils market on Tuesday with losses extending in the futures market amid poor physical demand. On the Bombay Commodity Exchange, major edible oils declined by ₹5-₹10 for 10 kg. Local refineries reduced their rates for palm oil and soya oil by ₹8-₹10 due to slow demand.