Archived News

18/06/2014 (UkrAgroConsult) - US. Soybean Planting Exceeds Five Year Average. Despite scattered rainfall last week in Illinois, soybean planting continued ahead of last year's schedule and the five year average. According to data released Monday by the Illinois Department of Agriculture, soybean planting reached 94 percent, ahead of last year's 92 percent and ahead of the five year average of 89 percent. 89 percent of the soybeans have emerged compared to a five year average of 75 percent. 72 percent of the beans were considered good to excellent. Meantime, 76 percent of corn is rated good to excellent.

18/06/2014 (The Star) - A mild rebound in the crude palm oil (CPO) futures failed to garner enough investor interest to support the plantation-heavy FBM KLCI as investors mostly treaded cautiously amid worries about the escalating Iraq conflict.

18/06/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

17/06/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

17/06/2014 (The Star) - RHB Research believes crude palm oil (CPO) should start trading higher, especially after its price has recovered above the RM2,400 level.

17/06/2014 (Philippine Daily Inquirer) - Malaysian food and consumer product distributors Intisari Mulia International Inc (IMI) and Ascona International are set to expand their businesses in the Philippines due to strong local demand for their goods.

17/06/2014 (Hindu Business Online) - Vegetable oil imports increased 13 per cent in May to 1,033,550 tonnes against 917,964 tonnes in the same period a year ago.

17/06/2014 (The Star) - Felda Global Ventures Holdings Bhd (FGV) is still interested in expanding its plantation empire via London-listed New Britain Palm Oil Ltd (NBPOL) although it is aware that it may face stiff competition.

17/06/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday helped by a spike in energy futures.

17/06/2014 (Bernama) - Sabah's Finance Ministry managed the licences for crude palm oil (CPO) sales tax well because all palm oil factories are licensed, according to the second series of the 2013 Auditor-General's Report released today.

17/06/2014 (Bernama) - India's import of vegetable oils, both edible and non-edible, in May 2014 jumped 13 per cent to 1,033,550 tonnes compared with 917,964 tonnes in May, 2013.

17/06/2014 (Business Recorder) - Six ships C.V Maersk Delroit, C.V MSC Messina, C.V MSC Albany, M.T Sea Crystal, M.T Cari Bean Orchid and M.T Al- Khalidiah carrying containers, chemicals, palm oil and furnace oil were berthed at Qasim International Container Terminal, Engro Vopak Terminal, Liquid Cargo Terminal and at FOTCO Oil Terminal respectively on Sunday, June 15. Meanwhile another containers ship 'Pona' also arrived at outer anchorage of Port Qasim during the same day.