Archived News

03/01/2015 (Business Recorder) - Sentiments in edible oils markets turned positive on Friday as Malaysian palm oil futures rebounded. On the Bombay Commodity Exchange, soft oils such as soyabean, sunflower and rapeseed oil ruled steady while palmolein, groundnut and cotton refined oil declined by ₹2, ₹5 and ₹5 for 10 kg each.

03/01/2015 (AgriMoney.com) - It was a weak 2014 for vegetable oil prices, which were undermined by strong US production of soybeans, and of palm oil itself, in which Indonesia is particularly solid growth.

03/01/2015 (edie.net) - Sainsbury's has burnished its green credentials today, by sourcing 95% of its palm oil from certified sustainable suppliers.

03/01/2015 (AgriMoney.com) - New months are typically meant to bring fresh cash into many market.

03/01/2015 (Bloomberg) - Floods that hurt palm oil production across Malaysia will exacerbate a seasonal decline in output and help to cut inventories, according to CIMB Investment Bank Bhd., which said that it expected prices to remain firm.

03/01/2015 (Borneo Post) - Current weakness in the production of palm oil may not necessarily have been caused solely by the floods in West Malaysia, say analysts, as it is seen to have very short-term impact on palm oil production.

02/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

02/01/2015 (Bloomberg) - Palm oil output in Malaysia will decline this month and next as severe flooding disrupts harvesting in the largest exporter after Indonesia, exacerbating a seasonal drop in production, according to RHB Investment Bank Bhd.

02/01/2015 (The Guardian Nigeria) - As early as 1901, Nigeria was producing all palm oil sold in the world market and it was a dominant source of foreign exchange earnings. Nigeria’s total palm oil productions include Palm groove and substantial farming.

02/01/2015 (Sun.Star) - Although oil palm industry has bright prospects, Mindanao lacks supply of high quality seedlings.

02/01/2015 (AllAfrica.com) - More efforts to give second-generation agriculture, development and poverty alleviation a chance in the North West region have been saluted with the Cameroon/ADB FCFA 19.2 billion funded Grassfield project II activities launched in the Tubah/Santa and Widikum production basins.

02/01/2015 (Reuters) - Flooding across parts ofmajor rubber and palm oil producer Malaysia due to monsoon rainshas cut production in December, a senior government officialsaid, squeezing supply and lifting prices.