Archived News

19/06/2014 (Reuters) - The European vegetable oils market saw broad gains on Wednesday, buoyed by a near three-week high for Malaysian palm oil futures and strength across the global edible oils complex.

19/06/2014 (The Sun Daily.com) - About 200 Federal Land Development Authority (Felda) settlers gathered outside the Parliament today to submit a petition urging the Malaysian Palm Oil Board (MPOB) to issue small-scale farmers' licenses.

19/06/2014 (Bernama) - The oil palm industry must work in concert to maximise the adoption of available technologies to ensure growth of all the sectors in the industry, says Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas.

19/06/2014 (Hindu Business Line) - With the forecast of El Nino developing, an expert warned on Wednesday that it may impact oilseeds production in India and urged the Centre to step up imports in 2014-15 to meet the emerging situation.

19/06/2014 (Hindu Business Line) - The edible oils market ruled firm on Wednesday on higher physical demand supported by a firm futures market and a weak rupee.

19/06/2014 (Reuters) - The world's top food and drink companies announced a raft of measures on Wednesday to try to improve the industry's image, including stopping advertising junk food to children by 2018, harmonising nutritional labelling and fighting deforestation.

19/06/2014 (Hindu Business Line) - A series of measures to tame inflation, with a focus on curbing hoarding, have been announced by Finance Minister Arun Jaitley.

19/06/2014 (Bernama) - A Papua New Guinea (PNG) court revoked two 99-year land titles awarded to Kuala Lumpur Kepong (KLK) of Malaysia to develop palm oil plantations on 38,350 hectares of land in Collingwood Bay, Oro province, following complaints by customary landowners.

19/06/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.

19/06/2014 (Borneo Post) - The Department of Environment (D0E) is optimistic that all oil palm mills and factories in the state will comply with the Environment Quality Act 1994 by next year.

19/06/2014 (Tempo) - A couple of reports published recently by major newspapers caught my attention. One was about a plan by the local unit of the global food giant Nestle to increase its coffee buying stations from nine to 12 this year. And the other was about a proposal to convert eight million hectares of lands into palm plantations.

18/06/2014 (Reuters) - Malaysian palm oil futures stretched gains into a fourth session on Tuesday, lifted by firm crude oil prices and concerns that the onset of dry weather could curb palm yields, although poor export data dragged on prices.