Archived News

03/06/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

03/06/2014 (RTT News) - Anglo-Eastern Plantations Plc. (AEP.L) said it anticipates that Crude Palm Oil price will remain generally stable due to the increase in demand from biodiesel and modest levels of industry output. The Board remains cautious but expects profitability and cash flow to remain in line with management forecasts for the remainder of 2014.

02/06/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

02/06/2014 (Hindu Business Line) - The global vegetable oil market is at the crossroads. The short-term fundamentals are weak, with consumption lagging behind production and stocks rising at the origins.

02/06/2014 (Borneo Post) - In the previous article, I mentioned that the market may rebound as it approaches the support level and it did rebound on bullish global market performances despite mixed sentiment on the reported earnings. However, trading volume has shrunk as the market continued to take a cautious approach especially in the retail market.

02/06/2014 (Business Recorder) - The Karachi Port handled 138,807 tonnes of cargo comprising 93,854 tonnes of import cargo and 44,953 tonnes of export cargo including 3,302 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 93,854 tonnes comprised of 51,918 tonnes of containerised cargo; 12,114 tonnes of coal and 29,822 tonnes of oil/liquid cargo.

02/06/2014 (The Star)- BLD Plantation Bhd will be able to optimise the conversion of empty oil palm fruit bunches into fertilizer when the two incinerators are scheduled to be operational in the second half of this year.

02/06/2014 (The Star) - Companies may continue to struggle to live up to the market’s still lofty earnings projections after a dismal start to the year, leading to analysts lowering their expectations.

02/06/2014 (Jakarta Post) - Provident Agro, one of Indonesia’s publicly listed plantation companies, expects to raise about Rp 33.41 billion (US$2.87 million) from the company’s rights shares offering next month.

02/06/2014 (Jakarta Post) - Supported by favorable export taxation to attract investment, Indonesia, the world’s largest palm oil producer, has the potential to become the production base for several downstream palm oil products, stakeholders say.

02/06/2014 (The Star) - Companies may continue to struggle to live up to the market’s still lofty earnings projections after a dismal start to the year, leading to analysts lowering their expectations.

02/06/2014 (Daily News & Analysis) - Promoters to focus on subsequent right issue so that funds raised will go to the debt-ridden company