Archived News

09/09/2014 (Jakarta Post) - PT Unilever Oleochemical Indonesia, the sister company of consumer goods producer PT Unilever Indonesia (UNVR), will be ready to test its facility later this month before launching full operations next year.

09/09/2014 (Bloomberg) - An El Nino event that brings drought to Asia and heavier-than-usual rains to South America remains possible this year as temperatures in the Pacific Ocean may stay warmer-than-average, Australia’s weather bureau said.

08/09/2014 (Borneo Post) - Malaysian palm oil futures edged slightly lower on Friday to 2,028, as the bullish momentum weakened after a strong week of gains.

08/09/2014 (The Star) - Felda Global Ventures (FGV) believes Asian Plantations Ltd (APL) is an attractive acquisition target due to its young estates, according to CIMB Equities Research.

08/09/2014 (The Star) - The newly imposed export duty exemption on crude palm oil (CPO) for September and October will have a positive impact on the local upstream plantation players, but will be negative for palm oil refiners in the short term.

08/09/2014 (Daily Times) - Osun Commissioner for Agriculture and Food Security, Wale Adedoyin said, that the government had raised 54,750 improved oil palm seedlings to replace ageing palm trees.

08/09/2014 (Business Recorder) - A cargo volume of 110,850 tonnes comprising 37,809 tonnes of import cargo and 73,041 tonnes of export cargo inclusive 3,983 loaded and empty containers (TEUs) was handled at Port Qasim during the last 24 hours on Saturday. The total import cargo of 37,809 tonnes includes 4,999 tonnes of palm oil; 9,300 tonnes phosphoric acid; 8,503 tonnes of rape seed and 15,007 tonnes of containerised cargo.

08/09/2014 (Bernama) - Bilateral trade between Malaysia and the state of Victoria, Australia can expand beyond traditional sectors such as palm oil, dairy products, copper and petroleum, Commissioner for Victoria to Southeast Asia Tim Dillon said.

08/09/2014 (Bernama) - Johor is confident it can attract more foreign direct investment (FDI) from Japan in the future, said Menteri Besar Datuk Seri Mohamed Khaled Nordin.

08/09/2014 (Bernama) - Emerging markets and developing countries hold huge potentials for palm oil applications in the food sector, said Minister of Plantation Industries and Commodities Datuk Amar Douglas Uggah Embas.

08/09/2014 (The Star) - It is the world’s most consumed and used vegetable oil, yet it has come under more intense scrutiny and has been criticised more than any other type of oils and fats. What is it about palm oil that draws such flak?

08/09/2014 (The Star) - Crude palm oil (CPO) for third month delivery surged to an intra-day of RM2,068 per tonne on Monday as sentiment perked up after the government scrapped export duty for September and October.