Archived News

19/12/2014 (Jakarta Post) - The Indonesian Export Financing Agency (LPEI), also known as Indonesia Eximbank, expects to channel higher financing in 2015 as the weakening rupiah is estimated to boost exporters’ performance.

19/12/2014 (PR Newswire) - Elementis Specialties is now offering personal care industry customers BENTONE® organoclays that contain palm oil derivatives that have been certified in accordance with the standard of the Roundtable on Sustainable Palm Oil (RSPO). "Elementis Specialties has discontinued the use of palm oil and palm oil derivatives that do not comply with RSPO in our organoclays. In doing so, we are taking a definitive stance on sustainability to better support our customers in reaching their sustainability targets," said Luc van Ravenstein, Global Business Unit Director of the Personal Care Business. Elementis Specialties is one of the leading suppliers of raw materials for the cosmetics industry and uses, among other feedstock, derivatives of palm oil.

19/12/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1700 GMT.

19/12/2014 (Jakarta Post) - Indonesia plans to boost the shipment of high added-value products to Oman, its non-traditional export destination, in a bid to tap into enormous opportunities provided by the growing Middle East market.

18/12/2014 (Reuters) - Malaysian palm oil futures ended a three-day losing streak on Wednesday on a technical rebound although persistent weakness in crude oil capped the gains, with investors nervous that a financial crisis in Russia may curb appetite for commodities.

18/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

18/12/2014 (GhanaWeb) - Government on Tuesday said it could not roll-out the national fertiliser subsidy programme for the 2014 cropping season.

18/12/2014 (The Sun Daily) - Sarawak Oil Palms Bhd (SOPB) has aborted a RM134.9 million related party deal to acquire a 60% stake in DD Pelita Sebungan Plantation Sdn Bhd and Mutiara Pelita Genaan Plantation Sdn Bhd from Double Dynasty Sdn Bhd (DDSB) and Mutiara Hartabumi Sdn Bhd (MHSB) after DDSB and MHSB failed to secure consent from the Ministry of Land Development for the sale and transfer of their sale shares.

18/12/2014 (Business Recorder) - Four ships C.V Maersk Kingston, C.V Hanjin Sandiego, M.T Jipro Neftts and M.T Lahore carrying containers, palm oil and furnace oil were allotted berths at Qasim International Container Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively at Port Qasim on Tuesday.

18/12/2014 (Livemint) - Crude Palm Oil futures traded down on MCX following subdued demand against higher supply from producing regions in the physical market. But, concerns that monsoon rains could curb output in December, capped some losses in crude palm oil prices to some extent.

18/12/2014 (GhanaWeb) - Benso Oil Palm Plantation (BOPP) Limited has attained certification from the Round Table on Sustainable Palm Oil (RSPO), a multi-stakeholder International Organisation.

17/12/2014 (Reuters) - Malaysian palm oil futures fell for a third day on Tuesday and slide to their weakest in nearly two weeks, as crude deepened its sharp drop and volatility in emerging Asian markets turned investors wary.