Archived News

06/08/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.

06/08/2014 (Business Times) - Malaysia's trillion ringgit trade volume can be expanded further with its participation in the Trans Pacific Partnership (TPP), as well as a free trade agreement (FTA) with the European Union (EU), says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

06/08/2014 (The Star) - Malaysia's exports rose at a slower-than-expected rate of 7.9% to RM61.23bil in June compared with economists' forecasts of a 15% growth.

06/08/2014 (Jakarta Post) - Despite a persisting deficit in the country’s trade balance, the government is still upbeat it will record a sizeable surplus from non-oil and gas commerce.

06/08/2014 (Reuters) - Thailand's military government will encourage farmers in the world's biggest rubber producer and exporter to cut down more rubber trees in a bid to restrict supply to help shore up prices, a senior government official said on Tuesday.

05/08/2014 (Reuters) - Malaysian palm oil futures fell on Monday as fears of rising output amid slackening overseas demand piled pressure on to the tropical oil, while weaker comparative soyoil prices weighed.

05/08/2014 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

05/08/2014 (HIndu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives Exchange ended lower on Monday on rising global oilseed supply and falling exports. Persistent weakness in the soya complex also continues to weigh on palm crude oil futures. Prospects of bigger supplies of soyabeans, due to a near-record production in the US, have dragged soya oil prices further making the competitiveness to palm more attractive. Cargo surveyors SGS on Monday reported that exports of Malaysian palm oil products in July fell 2.8 per cent to 1.35 million tonnes compared with the previous month.

05/08/2014 (Wall Street Daily) - Most people know that palm oil is one of the most widely used vegetable oils in the world. You can even find it in popular foods like pizza, ice cream, and chocolate.

05/08/2014 (Jakarta Post) - High mistrust among countries remains a major barrier to free trade realization, according to Indonesia’s Trade Minister Muhammad Lutfi, even after a historic deal was made during the 9th World Trade Organization (WTO) meeting in Bali last December.

05/08/2014 (Reuters) - Finnish oil refiner Neste Oil reported second-quarter profit below analysts' expectations on Tuesday and said its full-year earnings would come in at the low end of their estimate.

05/08/2014 (The Star) - Palm oil production in top growers Indonesia and Malaysia could pick up in the final months of this year, keeping a lid on prices, although some in the market are still worried about a potential El Nino plus tree stress in Malaysia.