Archived News

02/07/2014 (Bloomberg) - Olive oil output in Spain, the world’s largest producer, is in danger of falling next year with futures rallying 21 percent last month after dry, hot weather in May and June, according to Oil World.

02/07/2014 (Bernama) - The Tanjung Manis Port (TMP) in Tanjung Manis, Sarikei, is expected to cater for at least 220,000 TEUs by 2018.

02/07/2014 (Reuters) - Sri Lankan stocks slipped on Tuesday from their highest close in more than a year, ending a five-session winning streak, as gains in diversified shares were offset by falls, mainly in palm oil shares.

01/07/2014 (Reuters) - Malaysian palm oil futures slipped to a near two-week low on Monday as weakness in overseas soy markets weighed, although hopes of a recovery in demand curbed losses and helped the tropical oil post its firstly monthly gain in four.

01/07/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

01/07/2014 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives ended lower on Monday weighed by weakness in the soya complex. Disappointing export demand, strong ringgit and rising stock piles have been weighing on the markets.

01/07/2014 (Hindu Business Line) - Indigenous edible oils such as groundnut, sunflower and rapeseed oil witnessed an uptrend on Monday on the back of deficient rain and slow progress in kharif sowing. Prices of these oils rose by ₹10, ₹5 and ₹5 each. Imported palmolein, refined soya oil and cotton oil ruled unchanged. Activities remained thin as stockists stayed away.

01/07/2014 (The Sun Daily) - Recently, the Performance Management and Delivery Unit (Pemandu) urged more Malaysian plantation companies to venture into downstream activities, a call that is timely but challenging.

01/07/2014 (24) - The Parliament of Kyrgyzstan has approved a number of draft laws.

01/07/2014 (Borneo Post) - The Domestic Trade, Cooperatives and Consumerism Ministry has taken measures to ensure adequate supply of essential goods such as flour, sugar and cooking oil for the fasting month and Hari Raya.

01/07/2014 (The Star) - BLD Plantation Bhd, which recently expanded its palm oil refinery in Bintulu, is planning to diversify into the shipment of palm oil products.

01/07/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.