Archived News

24/10/2014 (Bernama) - Malaysia and Indonesia will be sharing experience, expertise and information on how to tackle transboundary haze when the two neighboring countries sign a memorandum of understanding (MoU) on the matter soon.

24/10/2014 (Manila Standard Today) - Finally, the world’s major polluters are taking some bold action to cope with and help mitigate the effects of climate change or global warming.

24/10/2014 (Business Standard) - The oilseed crushing industry is going through a rough patch, with 20-25 per cent of the units having shut down in the past two years, say observers. Those who continue are operating much below capacity.

23/10/2014 (Reuters) - Malaysian palm oil futures closed higher on Tuesday, recouping some of last session's losses with expectations of lower production of the tropical product and higher soybean prices underpinning the market.

23/10/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1200 GMT.

23/10/2014 (AllAfrica.com) - The Bank of Industry (BoI) has said that some of its programmes were in alignment with those of the Federal Institute of Industrial Research FIIRO and advised entrepreneurs to take advantage of the opportunity they jointly provide, to secure technology and funds that would accelerate wealth and employment generation.

23/10/2014 (Indonesia Investments) - Exports of crude palm oil (CPO) and CPO derived products from Indonesia in the first nine months of 2014 only reached 15 million tons, down 1.75 percent from the same period last year. The main cause for this disappointing performance is slowing economic growth in China and India resulting in reduced palm oil demand from these two giant economies. As a result of weak global demand, the CPO price has fallen to an average price of USD $712 per ton in September 2014, down 5.4 percent from the previous month.

23/10/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

21/10/2014 (Reuters) - Malaysian palm oil futures ended lower on Monday, recording falls in six out of eight sessions as losses in comparative soy markets weighed on sentiment, although hopes for weaker output to rein in stockpiles capped losses.

21/10/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

21/10/2014 (AllAfrica.com) - Abuja — Team Leader, Oil Palm Value Chain, in the Federal Ministry of Agriculture and Rural Development, Dickson Okolo, has said that Nigeria spends about $500 million in foreign exchange to import vegetable products yearly.

21/10/2014 (Reuters) - Indian soybean futures fell on Monday as arrival of new harvests started picking up, while settlement of the current month contract also dented buying interest.