Archived News

17/06/2014 (Bernama) - A key factor towards Felcra's dip in profit for 2012 was the decline in the price of fresh fruit bunches (FFB).

17/06/2014 (Hindu Business Line) - Uptrend in edible oils market continued on Monday on the back of a weak rupee and firm futures. About 1,500-1,600 tonnes of edible oils changed hand during the day. Stockists continued building up inventory before peak monsoon season.

17/06/2014 (Borneo Post) - Serian Palm Oil Mill Sdn Bhd’s (SEPOM) overall financial management performance has been deemed good while the management of the corporate governance was satisfactory as revealed in the second series of the Auditor General’s Report 2013.

17/06/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

17/06/2014 (Bernama) - Bursa Malaysia's Refined Bleached and Deodorised (RBD) Palm Olein Futures Contract successfully commenced trading on Bursa Malaysia on Monday.

16/06/2014 (The Express Tribune) - Despite being one of the biggest consumers of edible oil in the world, Pakistan has not been able to increase its own production and relies heavily on imports. However, imports are now showing a steady trend since the past few years and are expected to remain firm at the current level.

16/06/2014 (Reuters) - India's palm oil imports rose 22 percent to 654,255 tonnes in May from a month ago, a trade body said on Monday, as buyers stocked up ahead of the Muslim holy month of Ramadan when demand for the tropical oil typically peaks.

16/06/2014 (Borneo Post) - Palm oil settled higher for the week on Friday after a few weeks of decline as it was supported by strong crude oil prices, the seasonal celebration demand and an upcoming potential El Nino weather pattern.

16/06/2014 (Bloomberg) - Palm oil inventories in Indonesia probably advanced to an eight-month high in May, while shipments from the world’s largest producer were the second lowest since September 2012. Futures declined.

16/06/2014 (The Star) - Sarawak Plantation Bhd, which targets to cultivate another 3,500ha of oil palm this year, is actively exploring potential acquisitions or mergers to expand its estates.

16/06/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.

16/06/2014 (The Star) - A conservation plan is under way to restore degraded riverbank reserves and create new forest areas in Sabah.