Archived News

26/08/2014 (Pattaya Mail) - A subcommittee tasked with drafting a strategy for four agricultural products will complete a draft within two weeks from now, said Chavalit Chookajorn, permanent secretary for the Agriculture and Cooperatives ministry, on Saturday.

26/08/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday on profit-taking and possible short-covering as most of the negative fundamentals were already priced in.

26/08/2014 (Borneo Post) - The Malaysian Palm Oil Board (MPOB) has issued 12 show-cause letters to palm oil millers and dealers of fresh fruit bunches (FFB) in the state, disclosed Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas.

25/08/2014 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 1,999, reaching a five year low due to an oversupply of other edible oilseeds including soybean oil coupled with a strong ringgit.

25/08/2014 (Manila Bulletin) – Via 384,000 hectares of palm oil plantations, the Caraga region will contribute even more to the country’s vegetable oil industry by the year 2023.

25/08/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

25/08/2014 (Economic Times) - There is some good news in store for the Modi government. Imported cooking oil prices for August shipment have dropped by 7 per cent 10 per cent, which will make oils cheaper in the upcoming festive season by Rs 5 -7 per kg in the domestic market easing food inflation.

25/08/2014 (Bernama) - Boustead Holdings Bhd's pre-tax profit increased to RM109.9 million for the second quarter ended June 30, 2014 from RM93.1 million in the corresponding period last year.

25/08/2014 (Bernama) - United Plantations Bhd's pre-tax profit for the second quarter ended June 30, 2014 fell to RM63.02 million from RM75.58 million in the corresponding period last year.

25/08/2014 (The Star) - Malaysia's blue chips fell to a low of 1,860 at midday on Monday, dragged down by losses in plantation stocks after the crude palm oil (CPO) futures fell below the key RM2,000 level.

25/08/2014 (Business Mirror) - Philippine exports of coconut oil (CNO) plunged in July due to a combination of tight supply of raw materials and delay of transport vessels, the United Coconut Association of the Philippines (UCAP) said over the weekend.

22/08/2014 (Reuters) - Malaysian palm oil futures fell for a seventh-consecutive session to their lowest level in nearly five years on Thursday, with traders citing talk that major consumers in China and India had defaulted on cargoes.