Archived News

09/10/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.

09/10/2014 (The Star) - Malaysian plantation companies TSH Resources Bhd and IOI Corp Bhd have the best crude palm oil (CPO) yield for 2013, according to Maybank Kim Eng Research.

09/10/2014 (Bernama) - Phillip Futures Sdn Bhd derivative products specialist David Ng said expectations of a production decline in Malaysian palm oil in September coupled with lower inventories amid a 16 per cent jump in exports for the month helped boost demand.

09/10/2014 (Borneo Post) - With Sabah’s basic infrastructures in a “sorry state”, DAP Kapayan assemblyman Dr Edwin Bosi said the State deserves a special consideration in the National Budget 2015.

09/10/2014 (Bloomberg) - Malaysia’s Sime Darby Bhd. (SIME) is offering an 85 percent premium to buy palm oil plantations in Papua New Guinea, betting land will become scarce to produce the edible oil used in food, cosmetics and biofuels.

09/10/2014 (Jakarta Post) - Indonesia’s biggest annual trade event, Trade Expo Indonesia, opened on Wednesday showcasing a wide array of locally-produced commodities and goods, ranging from coffee to automobiles.

09/10/2014 (Bloomberg) - World food prices fell for a sixth month in September, the longest slide since 2009, as the cost of dairy, grains, cooking oils and sugar declined amid prospects for rising production.

09/10/2014 (Reuters) - Palm oil prices are expected to average 2,300-2,400 ringgit per tonne in the fourth quarter this year, according to the managing director of the plantations unit of Malaysia's Sime Darby Bhd, the world's top oil palm planter by land size.

09/10/2014 (Business Standard) - Edible oil industry body SEA today said it has written to the Prime Minister demanding hike in import duty of edible oils as local oilseeds prices have fallen to historical lows due to cheaper imports.

08/10/2014 (Reuters) - Malaysian palm oil futures rose on Tuesday after a long weekend, tracking gains in overnight soy markets and fuelling hopes that rains and frost over parts of the U.S. grain belt could crimp bumper crops of rival oilseeds.

08/10/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.

08/10/2014 (Bloomberg) - India, the world’s largest vegetable oil importer, will need record inbound shipments in the 2014-15 marketing year with “poor crush economics” limiting domestic soybean oil production, Oil World said.