Archived News

03/09/2014 (Hindu Business Line) - Coconut oil prices dropped on Tuesday as buyers stayed on the sidelines to put pressure on the market.

03/09/2014 (Livemint) - The fall in palm oil prices is good news for Indian consumer companies which have been struggling with input cost inflation. Spot crude palm oil prices are down by 30.3% from their highest point in 2014, and down by 21.7% since the start of the year. Comfortable supply conditions in the vegetable oil complex are putting downward pressure on prices.

03/09/2014 (Bloomberg) - Palm oil prices that have tumbled to the lowest since 2009 may be near a bottom in part because demand is increasing from importers in Europe, Oil World said.

03/09/2014 (The Star) - Fitch Ratings expects expects crude palm oil (CPO) prices to range from US$700 (RM2,225) to US$800 (RM2,545) per tonne in the next 12 to 18 months; a moderate increase from the August 2014 price range of US$650 to US$750 per tonne.

02/09/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.

02/09/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Friday due to rising supplies and lower demand taking prices sharply lower ahead of a holiday weekend.

02/09/2014 (Borneo Post) - Ta Ann Holdings Bhd (Ta Ann) earnings for the first half of 2014 (1H14) soared 107 per cent year-on-year (y-o-y) to RM58.43 million compared with RM28.23 million in 1H13.

02/09/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

02/09/2014 (Business Times) - Malaysia must get on the dance floor and tango with Indonesia to avoid a price war, said Palm Oil Refiners Association of Malaysia (Poram) chief executive officer Mohammad Jaaffar Ahmad.

02/09/2014 (Daijiworld.com) - The Supreme Court Monday asked the Kerala High Court to decide, as early as possible, the plea by the state government withdrawing 1991 cases of palm oil import case which had clouded the appointment of P.J.Thomas as the chief vigilance commissioner and led to his exit from the post.

02/09/2014 (The Star) - The Term “Don’t judge a book by its cover” will not apply to the case of the VIR gene breakthrough.

02/09/2014 (The Straits Times) - Prices of crude palm oil futures have crashed to five-year lows on concerns of a global edible oil supply glut and growing fears that Chinese buyers could default on purchases if the steep falls persist.