Archived News

08/08/2014 (Reuters) - Malaysian palm oil futures ended marginally higher on Thursday, but continued to hover near one-year lows as investors grew cautious ahead of key stocks and output data in the world's second-largest palm grower.

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

08/08/2014 (Bernama) - Sime Darby Bhd's proposed purchase of New Britain Palm Oil Ltd (NBPOL) is unlikely to affect its A3 rating and stable outlook, says Moody's Investors Service.

08/08/2014 (Bloomberg) - Wilmar International Ltd. (WIL), the world’s largest palm oil trader, said second-quarter profit fell 22 percent as industry overcapacity hurt margins in palm oil refining.

08/08/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

08/08/2014 (The Star) - Following a correction in crude palm oil (CPO) prices and the increase in soybean oil supply, some analysts have downgraded the plantation sector to a “neutral” rating.

08/08/2014 (The Nation) - PTT is considering selling its oil-palm interests in Indonesia because of lack of expertise in the business, the company's president Pailin Chuchottaworn said. He made the remark after this country's National Anti-Corruption Commission investigated the project.

08/08/2014 (Bernama) - World food prices fell for the fourth consecutive month in July as lower prices for corn, wheat and some oilseeds pushed prices to their lowest level this year, the United Nations Food and Agriculture Organisation (FAO) said Thursday.

08/08/2014 (Bernama) - Farmers, smallholders, fishermen, livestock and poultry breeders, and others in the food aquaculture sector are entitled to impose a two per cent flat rate charge on registered buyers under the Goods and Services Tax (GST).

07/08/2014 (Reuters) - Malaysian palm oil futures slipped to a near-one-year low on Wednesday, stretching losses into a third straight session as a bout of technical selling dragged on prices that were already under pressure from weaker competing edible oils.

07/08/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.

07/08/2014 (Bernama) - Malaysia's total trade in June 2014 rose by 8.5 per cent to RM118.5 billion from a year ago, said the Department of Statistics.