Archived News

24/09/2014 (Reuters) - Malaysian palm oil futures bounced back on Tuesday after hitting a more than one-week low in the previous session, as a recovery in overseas soy markets and a weaker ringgit lifted the tropical oil.

24/09/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.

24/09/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

24/09/2014 (Reuters) - Malaysian palm oil firm Sime Darby has delayed construction of a mill for its Liberia plantation and has suspended talks to expand its planted acreage there due to the Ebola outbreak, it said on Tuesday.

24/09/2014 (Hindu Business Line) - The suspension of subsidised palm oil supply through the public distribution system (PDS) is set to dilute Dasara and Deepavali festivities, especially in the homes of poor tribal people in Adilabad.

24/09/2014 (GhanaWeb) - Lack of access to fertilisers has been identified as a major factor hampering the cultivation of oil palm crop in the country, Dr. Thomas Fairhurst, an international field agronomist, has observed.

24/09/2014 (Bloomberg) - Palm oil shipments by India, the world’s biggest buyer, will climb to a record this year as tumbling prices and zero-tax on exports from Malaysia make the oil attractive to refiners, said Ruchi Soya Industries Ltd. (RSI)

24/09/2014 (Lusaka Times) - Zambeef Plc, the largest integrated agri-business company in Zambia says Zambia has potential to be self-sufficient in cooking oil production in the next 10 years.

24/09/2014 (Jakarta Post) - At least three major state plantation companies are revisiting plans to float their shares on the bourse following the signing of a government regulation on the establishment of a plantation holding company.

24/09/2014 (Business Recorder) - The Karachi Port handled 101,425 tonnes of cargo comprising 72,406 tonnes of import cargo and 29,019 tonnes of export cargo including 1,677 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 72,406 tonnes comprised of 10,884 tonnes of containerised cargo; 1,061 tonnes of general cargo; 26,998 tonnes of bulk cargo: 8,200 tonnes of coal; 7,025 tonnes of wheat; 5,276 tonnes of DAP; 2,266 tonnes of soyabean meal; 2,560 tonnes of rape seed and 33,463 tonnes of oil/liquid cargo.

24/09/2014 (Jakarta Post) - A senior Indonesian official warned the international community on Monday that the massive deforestation in Indonesia was partly caused by unscrupulous practices by multinational corporations.

24/09/2014 (Bloomberg) - Olive oil supplies are “tight,” with prices rising on an outlook for falling production in Spain, the biggest producer and exporter of the edible oil, according to Oil World.