Archived News

20/09/2014 (Bernama) - Investors must get to know Malaysia's crude palm oil futures contracts (FCPO) well and profit from them, said Bursa Malaysia Derivatives Bhd's chief executive officer, Chong Kim Seng.

20/09/2014 (Business Recorder) - The Karachi Port handled 140,727 tonnes of cargo comprising 110,381 tonnes of import cargo and 30,346 tonnes of export cargo including 7,711 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 110,381 tonnes comprised of 65,904 tonnes of containerised cargo; 11,707 tonnes of general cargo; 16,676 tonnes of bulk cargo: 4,232 tonnes of wheat; 4,756 tonnes of DAP; 4,353 tonnes of soyabean meal; 2,525 tonnes of rape seed and 16,094 tonnes of oil/liquid cargo.

20/09/2014 (fnbnews.com) - Taking an important step forward in its commitment to sustainable palm oil, Cargill is becoming a member of The Forest Trust (TFT), the international non-governmental organisation (NGO) that partners with companies to build responsible supply chains.

20/09/2014 (Borneo Post) - The market was bearish as expected but was supported at the 1,840 to 1,850 points range support level as we mentioned last week. The benchmark FBM KLCI was bearish early in the week but rebounded mid-week after the US’ central bank decided to leave key interest rates near zero but further taper its bond-buying programme, which is likely going to end by the end of this year.

19/09/2014 (Reuters) - Malaysian palm oil futures rose to their highest in over five weeks on Thursday as the Malaysian currency slipped to its lowest since early May and stoked buying interest, although some profit-taking in late trade eroded gains.

19/09/2014 (Reuters) - Palm and soy oil laden ships are backing up at a western India port, port and trade sources said on Thursday, threatening to add at least $10 per tonne to import prices for the Diwali festival next month, when festive fried food demand soars.

19/09/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

19/09/2014 (Inquirer.net) - From its oil terminal and blending plant near the Gulf of Thailand, PTT Public Company Limited regularly ships out gasoline, diesel, jet fuel, fuel oil and lubricants to the Philippines via the Subic Bay Freeport in Central Luzon region.

19/09/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

19/09/2014 (Hindu Business Line) - Vegetable oil prices, which are rising once again after falling to record lows in early September, are now likely to fall only after Diwali as domestic production steps-up on revival of monsoon in growing regions of Maharashtra, Gujarat and Madhya Pradesh, an expert said here on Thursday.

19/09/2014 (Business Standard) - Edible oil prices rose up to Rs 100 per quintal at the wholesale oils and oilseeds market today on the back of increased buying by vanaspati millers and retailers, triggered by upcoming festive season demand.

19/09/2014 (MindaNews) - A member of the City Council has proposed implementing intercropping projects such as cacao and banana instead of massive oil palm ventures in Paquibato and Marilog districts.