Archived News
12-12-2014
MPOB: LCA Critical Tool in Meeting Market Demands
12/12/2014 (Daily Express) - Life Cycle Assessment (LCA) is a basic building block for the application of environmental management systems, especially for industry.
12-12-2014
FMC Marks up Open Interest Limit for 18 Commodities
12/12/2014 (Hindu Business Line) - In a bid to increase liquidity, the commodity markets regulator Forward Markets Commission has raised the open interest limit for 18 commodities. Open interest is the number of contracts or commitments outstanding in futures trading on an official exchange at any one given time.
12-12-2014
Several Factors Contribute to Pressure on Oilseed Prices
12/12/2014 (Farm and Ranch Guide) - Slower U.S. soybean exports, a higher value for the U.S. dollar and falling crude petroleum oil prices are contributing to a downturn in oilseed prices.
11-12-2014
Vegoils: Market Factors to Watch Dec 11 Thursday
11/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.
11-12-2014
Palm Oil Reserves Seen Rising in Indonesia as Output Gains
11/12/2014 (Bloomberg) - Palm oil reserves in Indonesia probably climbed for the first time in three months after production in the world’s biggest grower increased and exports retreated from a six-year high.
11-12-2014
Malaysia Palm Oil Industry Performance for November
11/12/2014 (Bloomberg) - The following table shows Malaysia’s palm oil production, stocks, exports and imports for November according to the Malaysian Palm Oil Board.
11-12-2014
Indonesia Nov Palm Oil Output Seen Dropping 3 Pct -Reuters Survey
11/12/2014 (Reuters) - Indonesian crude palm oil output eased around 3 percent in November, a survey of leading industry officials in the world's top producer showed, crimped as drought conditions stressed trees.
11-12-2014
Palm Oil Industry in Indonesia: Update on CPO Production & Export
11/12/2014 (Indonesia Investments) - Exports of Indonesian crude palm oil (CPO) and its derivatives may increase to 21.6 million tons (collecting about USD $16.0 - 17.3 billion in foreign exchange) in 2015. Meanwhile, Indonesian CPO production is estimated to reach 32.5 million tons next year while the CPO price is estimated to range between USD $740 - 800 per ton. However, provided that the Indonesian government will extend its current zero export tariff scheme for CPO exports, then the country’s CPO exports are expected to accelerate.
11-12-2014
FG to Lose N24Bn Subsidising Crude Palm Oil Importers
11/12/2014 (BusinessDay) - The Federal Government will be losing N24 billion annually by virtue of its 75 percent import duty waivers to importers of Crude Palm Oil (CPO) operating in the Free Trade Zone (FTZ).
11-12-2014
Indonesia’s Palm Oil Exports Forecast by Gapki to Stagnate in 2015 Amid Low Prices
11/12/2014 (Jakarta Globe) - Indonesia’s palm oil exports may stagnate next year, amid sustained low global prices of the commodity, according to Indonesia Palm Oil Producer Association, or Gapki.
11-12-2014
Cargill to Invest $1B in Four Years, Vies for RI Poultry Business
11/12/2014 (Jakarta Post) - Viewing Indonesia as its top business priority, global food company Cargill says it is looking to invest up to US$1 billion and to make an entry into the country’s poultry industry, now that it has concluded the construction of its “first in Asia†cacao-processing facility in Gresik, East Java.
11-12-2014
Cooking Oil Prices Fall on Ample Supply
11/12/2014 (The Daily Star) - Cooking oil prices have started to fall in the local market due to ample supply amid a price decline on international markets.