Archived News
18-10-2014
VEGOILS-Palm Snaps Two-day Decline as Traders Bet on Coming Week
18/10/2014 (Reuters) - Malaysian palm oil rose on Friday, as traders snapped up deals after a two-day selloff and bet on improving fundamentals over the weekend, but gains were limited as some investors waited for clearer direction.
18-10-2014
Mixed Trend in Edible Oils
18/10/2014 (Hindu Business Line) - Spot edible oils market ruled mixed on Friday, tracking thin volatility in domestic futures and rebound in crude palm oil prices in Malaysia. On the Bombay Commodity Exchange, indigenous oils rose by ₹5 and ₹2 for 10 kg each. Rapeseed oil lost ₹3.
18-10-2014
Rotterdam Vegetable Oil Prices
18/10/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1600 GMT.
18-10-2014
Trade Association Urges for Switch From Lard Oil Over to Vegetable Oil
18/10/2014 (China Post) - Vegetable oil makers yesterday advised the public to adopt their products in place of lard oil and consume more home-cooked meals while the nation weathers the current food safety crisis.
18-10-2014
Sabah Oil Palm Industry Players Urged To Commit To Continuous Conservation Efforts
18/10/2014 (Bernama) - Sabah's oil palm industry players need to commit to continuous improvements in environmental management and conservation efforts.
18-10-2014
Govt Revises RI's Export Target to $184.3B This Year
18/10/2014 (Jakarta Post) - The government is revising its export target for the 2014 fiscal year down from US$190 billion to $184.3 billion.
18-10-2014
Indonesia's Palm Oil Output Seen 3 Pct Lower in Sept - Reuters Survey
18/10/2014 (Reuters) - Crude palm oil output in Indonesia, the world's top producer, is expected to fall 3 percent in September, a survey of leading industry officials showed, easing due to dry weather conditions earlier in the year.
18-10-2014
Commodities Slump Hurts RI’s Export Performance
18/10/2014 (Jakarta Post) - Falling commodity prices will significantly hurt Indonesia’s export performance, forcing the government to trim its full-year target.
18-10-2014
Mustapa: FTA Talks with EU to Resume
18/10/2014 (New Straits Times) - The Malaysia-European Union (EU) Free Trade Agreement (FTA) talks, which have been put on the back burner for the past two years, will be rekindled soon, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
18-10-2014
CBIP: Good Order Flow for Modipalm Mills
18/10/2014 (Business Times) - CB INDUSTRIAL Product Holding Bhd (CBIP), which holds the patent for constructing Modipalm mills, said its current order book of some RM500 million will keep it busy for another 18 months.
17-10-2014
VEGOILS-Palm Falls to More Than 3-wk Low as Crude Oil Slides
17/10/2014 (Reuters) - Malaysian palm oil futures fell to their lowest in more than three weeks on Thursday, dragged by sliding crude prices and worries that bigger supplies of rival edible oils would snatch food and fuel demand away from palm.
17-10-2014
VEGOILS-Market Factors to Watch Oct 17
17/10/2014 (Reuter) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.