Archived News

13/06/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

13/06/2014 (Jakarta Post) - Publicly listed plantation firm Provident Agro has made Rp 375 billion (US$31.75 million) in investments for its two new palm-oil processing facilities, which are now under construction.

13/06/2014 (Hindu Business Line) - Coconut oil prices increased by ₹17 a kg this week mainly on speculation supplies could be affected by the Monsoon setting in.

13/06/2014 (Hindu Business Line) - The edible oil markets witnessed higher trading volume on Thursday as local refineries reduced their rates for palmolein, soya oil and sunflower oil by ₹5-7 for 10 kg tracking bearish reports from the overseas markets

13/06/2014 (BusinessWorld Online Edition) - Mayor Rodrigo R. Duterte has assured two Malaysian investors that he will help protect their capital if they pursue a palm plantation project in the city.

13/06/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

13/06/2014 (Bernama) - The shortage of cooking oil in the festive season should not be an issue as Malaysia is the world's largest exporter of palm oil, said Deputy Prime Minister Tan Sri Muhyiddin Yassin.

13/06/2014 (Bernama) - A ministry's official said the Nigerian federal government will establish a Commodity Trade and Market Development Corporation to boost agricultural value chain in the country.

13/06/2014 (The Guardian Nigeria) - Okomu Oil Palm Company Plc recorded N8.86 billion turnover last year, against the N10.15 billion it realized in year 2012.

13/06/2014 (fnbnews.com) - Kamani Oil Industries, one of the country’s leading high-quality vegetable oil processors (whose 2013 turnover was Rs 950 crore) launched its first range of trans-free products. The product range of trans-free bakery products comprises Pufflite, Cakelite, K-Lite, TasteePuff, Kpuff, Kcookiez, Kmeetha Plus and Komplete Plus.

12/06/2014 (Reuters) - Malaysian palm oil futures slid to a near eight-month low on Wednesday as worries over rising edible oil supplies amid lagging demand weighed, although expectations of a potential El Nino hitting crops curbed losses.

12/06/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.