Archived News

18/11/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.

18/11/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday supported by a weakening ringgit, although lacklustre export demand continued to pressure prices.

18/11/2014 (Indonesia Investments) - Reserves of crude palm oil (CPO) in Indonesia may have declined for a second straight month in October on the back of drought and an increase in exports from Southeast Asia’s largest economy. The delayed impact of drought (which even managed to dry up several rivers in West Kalimantan in October) limited production of CPO in recent weeks. Meanwhile, exports have increased after Indonesia and Malaysia - the world’s two top palm oil producers - scrapped export taxes to boost demand for this commodity.

18/11/2014 (Jakarta Post) - Singapore-based Wilmar International Ltd., the world’s largest palm oil trader, said higher domestic demand from the Indonesian market could offset a potential stockpile surge next year that could spike palm-oil prices, as outlook for overseas demand remained bleak.

18/11/2014 (Al Jazeera) - The island of Borneo is on the front line of an ongoing struggle to find a balance between the environment and commerce.

18/11/2014 (The Star) - CIMB Equities Research is maintaining its Reduce recommendation on IOI Corp as the market has more than priced in the group's efficient plantation and downstream assets.

18/11/2014 (New Straits Times) - Felda Global Ventures Holdings Bhd (FGV), which aims to be among the top 10 agriculture commodity players in the world by 2020, is planning a RM1 billion investment in Cambodia’s plantation sector.

18/11/2014 (New Straits Times) - Malayan Banking Bhd (Maybank) has adjusted its growth forecasts for the economy this year and next year on the back of tapering growth in the third quarter.

18/11/2014 (PRNewswire) - Cargill today released its first progress report on sustainable palm oil. The report lays out the company's action plan to achieve a fully sustainable supply chain.

18/11/2014 (The Star) - The prospect for palm oil in the European market seems bright despite the many challenges faced by the commodity.

18/11/2014 (Jakarta Post) - Some 800 delegates from 30 countries began a three-day meeting here on Tuesday to discuss the latest developments in the campaign for socially, economically and environmentally sustainable palm oil.

18/11/2014 (Jakarta Post) - After a string of meetings with leaders of the world’s powerhouse nations during his first nine-day official trip overseas, President Joko “Jokowi” Widodo may have redefined the meaning of a “free and active” foreign policy.