Archived News

16/06/2014 (The Star) - Plantations were among the top losers at the midday break on Monday despite the firmer crude palm oil (CPO) futures as investor sentiment took a hit on rising fears on spreading insurgency in Iraq.

14/06/2014 (Reuters) - Palm oil strengthened in Malaysia on Friday snapping three weeks of declines, buoyed by firmer crude oil prices, buyers stocking up ahead of the Muslim fasting month and a week of extreme heat that suggested an El Nino weather pattern may be on the way.

14/06/2014 (Borneo Post) - The Malaysian Palm Oil Association (MPOA) Sabah Branch committee, led by its chairman Tun Haji Mohammad Tarmizi Hj Taufek, paid a courtesy call on State Forestry director Datuk Sam Mannan at the Sabah Forestry Department headquarters here yesterday.

14/06/2014 (Bernama) - The 20 Malaysian companies taking part at the recent three-day SIAL China 2014 food trade fair in Shanghai generated total sales of RM38.9 million and received over 1,500 trade enquiries, said the Malaysia External Trade Development Corporation (MATRADE).

14/06/2014 (AgriMoney.com) - The retreat in palm oil prices may have run its course, Sipef said, as futures extended their recovery, but the plantations group was less upbeat over rubber and tea markets.

14/06/2014 (PRNewswire) - Global Agri-trade Corporation (GATC), a premier supplier of certified sustainable palm products, announced today the introduction of Olera GOLD® Low Color Palm Shortening, a 100% Certified Sustainable multi-purpose palm shortening.

14/06/2014 (Jakarta Post) - Bank Indonesia (BI) predicts that the nation's trade balance in May will record a surplus after suffering a deficit of US$ 1.96 billion in April.

14/06/2014 (Hindu Business Line) - Edible oils prices witnessed a bullish trend on Friday tracking firm futures, higher physical demand and increased import cost due to weak rupee. During the day all local refineries got good buying orders from stockists. Over 2,000 tonnes of edible oils (palmolein, sunflower and soya oil) were sold by them. Soya oil futures prices on the NCDEX were over ₹5-6 till evening tracking higher closing of Malaysian palm oil for the second consecutive day.

14/06/2014 (The Star) - A month after Felda Global Ventures Holdings Bhd (FGV) confirmed its interest in London-listed New Britain Palm Oil Ltd (NBPOL), two more Malaysian entities have entered the fray.

14/06/2014 (Bernama) - Malaysia will start a futures contract for refined, bleached and deodorised (RBD) palm olein futures contract on June 16, said Bursa Malaysia Derivatives Bhd (BMD) Chief Executive Officer Chong Kim Sen

14/06/2014 (Borneo Post) - More than 100 individuals attended the Sarawak Trade and Investment Business Forum held in Kazakhstan yesterday.

14/06/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1600 GMT.