Archived News

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

10/10/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

10/10/2014 (Bernama) - India's vegetable oil industry has urged the government to increase the import duty on crude vegetable oils to 10 per cent from 2.5 per cent now and on refined vegetable oils to 25 per cent from 10 per cent to safeguard the interests of farmers.

10/10/2014 (Bernama) - Malaysia's crude palm oil (CPO) production fell by 6.64 per cent to 1.897 million tonnes in September from 2.032 million tonnes in August, the Malaysian Palm Oil Board (MPOB) said.

10/10/2014 (Business Standard) - Following are the opening prices of oilseeds, cakes, raw oils and refined oils here today.

10/10/2014 (Bloomberg) - The following table shows Malaysia’s palm oil production, stocks, exports and imports for September according to the Malaysian Palm Oil Board.

10/10/2014 (Reuters) - Indian oilseeds and soyoil futures dropped on Thursday, in line with the benchmark palm oil contract in Kuala Lumpur where the ringgit hovered around a three-week high.

10/10/2014 (Food Processing) - IOI Loders Croklaan signed a global partnership with Unilever to supply specialty and commodity fats and oils. A key component is to accelerate Unilever's transition to sustainable palm oil, a specialty of IOI Loders Croklaan.

10/10/2014 (The Star) - The Sime Darby Group, via plantation arm Sime Darby Plantation Sdn Bhd, has launched a conditional general offer (GO) to acquire all the shares in dual-listed plantation group New Britain Palm Oil Ltd (NBPOL) at £7.15 (RM37.54) per share for a total purchase consideration of £1.07bil (RM5.6bil).

10/10/2014 (THISDAY Live) - PZ Cussons Nigeria (PZ) Plc Thursday announced its first quarter results, which showed that while sales of N15.0 billion were flattish y/y, both profit before tax (PBT) and profit after tax (PAT) declined both by 31 per cent y/y to N872 million and N555 million respectively.

10/10/2014 (RTT News) - New Britain Palm Oil Limited (NBPO.L), or NBPOL, reported that Kulim has welcomed the announcement made by Sime Darby Plantation of its intention to make a takeover offer for all of the shares in NBPOL. Kulim intends to convene an extraordinary general meeting of its shareholders to consider, and if thought fit, approve the disposal of Kulim's entire interest in NBPOL.

09/10/2014 (Reuters) - Malaysian palm oil futures stretched their winning streak into a third day on Wednesday, as the ringgit fell and as investors expected output to drop this month, although a fall in crude oil prices hampered gains.