Archived News

15/05/2014 (Bernama) - Shares on Bursa Malaysia finished higher on Wednesday with the FTSE Bursa Malaysia KLCI (FBM KLCI) closing at a new high of 1,879.2 points, surpassing the previous all-time of 1,872.52 recorded on Dec 30, 2013.

15/05/2014 (Reuters) - India's palm oil imports fell more than expected to 536,175 tonnes in April from 545,875 tonnes in March, data from the Solvent Extractors' Association of India (SEA) showed on Wednesday.

15/05/2014 (Borneo Post) - Analysts note stronger demand for crude palm oil (CPO) in April as stock levels increased five per cent month-on-month (m-o-m) to rest at 1.55 million metric tonnes (mt).

15/05/2014 (Reuters) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

15/05/2014 (Reuters) - Golden Agri-Resources Ltd , Indonesia's largest palm oil firm, said its net profit for the quarter ended March 31 dropped 8 percent on the year, as lower contributions from downstream businesses more than offset the boost from higher palm oil prices.

15/05/2014 (Business Standard) - India's vegetable oils import rose by 27% to 8.32 lakh tonne in April this year on account of sharp increase in shipment of crude palm oil (CPO) and crude soft oils, industry body SEA said today.

14/05/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.

14/05/2014 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) received the 2014 Frost and Sullivan Palm Oil Plantation Company of the Year Excellence Award for the second consecutive year.

14/05/2014 (Borneo Post) - Sarawak Oil Palms Bhd’s (SOP) production of palm oil fresh fruit bunches (FFB) is projected to grow strongly in the later half of the year (2H14).

14/05/2014 (Bloomberg) - Palm oil shipments from Indonesia, the largest producer, probably climbed to the highest in four months in April as buyers boosted purchases to meet rising demand for the Muslim fasting month of Ramadan. Futures rose.

14/05/2014 (Borneo Post) - Financial year 2013 (FY13) was a year of mixed results for coglomerate TDM Bhd (TDM) as it weathers the challenges of unfavourable market conditions on the crude palm oil front to post lower profitability.

14/05/2014 (The Star) - Shares of IOI Corporation rose to the highest since June 2008 on some fund buying of the plantation heavyweight which is expected to report stronger earnings in the first quarter ended March 31, 2014.