Archived News

09/07/2014 (Bernama) - A marketing mission for halal products and services to South Africa recently, successfully generated sales of RM21.9 million from the 175 business meetings arranged, said the Malaysia External Trade Development Corporation (Matrade).

08/07/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

08/07/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended marginally higher on Monday ahead of the official MPOB report due on Thursday. Fitch Ratings, the international rating agency, says that the global crude palm oil price will increase only modestly despite the likely onset of the El Nino weather pattern this year and current unrest in Iraq. Fitch expects the narrowing price spread between palm oil and soyabean oil and the lack of growth in demand for biodiesel in Indonesia to weigh on edible oil prices.

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

08/07/2014 (The Star) - Kretam Holdings Bhd is teaming up with Rikaworth Sdn Bhd and Sawit Bulkers Sdn Bhd to venture into a RM40.46mil palm oil bulking station in Sandakan, Sabah.

08/07/2014 (The Star) - Fitch Ratings expects a modest increase in the global crude palm oil (CPO) price even though the El Nino may affect output and the impact of crude oil due to recent military conflict in Iraq.

08/07/2014 (Phys.Org) - Myanmar’s palm oil industry heads for a sustainable path New research and discussions show there is hope to conserve Myanmar's unique biodiversity as its palm oil industry expands – if the country can learn from the experiences of its neighbours.

08/07/2014 (Business Times) – Palm oil stockpiles in Malaysia, the biggest supplier after Indonesia, probably climbed for a fourth month as output rose to the highest level for June since 2011.

08/07/2014 (Reuters) - Indian oilseeds and soyoil futures rose on Monday on a weak rupee, a delay in soybean sowing and as palm oil prices rose overseas on expectations of a decline in inventories.

07/07/2014 (Borneo Post) - Malaysian palm oil futures edged down for the week on Friday which was one of their biggest weekly drop as strength in ringgit curbed buying interest.

07/07/2014 (Business Mirror) - Global food prices dipped for the third consecutive month mainly due to drops in cereal and vegetable oil prices amid improved supplies, a report by an agency of the United Nations said.

07/07/2014 (Jakarta Post) - Indonesia expects a considerable drop in exports of fatty alcohol to India following an ongoing safeguard investigation into the product.