Archived News

30/06/2014 (Borneo Post) - Malaysian palm oil futures ended slightly higher for the week although it closed lower on Friday due to easing crude oil prices which was possibly lower than the need for biodiesel conversion using palm oil and weakness in comparative soyoil markets.

30/06/2014 (Bernama) - The Malaysian bio-trade and investment mission in conjunction with the 2014 BIO International Convention in San Diego resulted in seven exchanges of documents for collaboration in the biomedical and wellness industry.

30/06/2014 (The Star) - The long-held belief that saturated fat is linked with cardiovascular disease is coming under close scrutiny.

30/06/2014 (The Star) - Kulim (M) Bhd will keep its options open on Papua New Guinea (PNG)-based New Britain Palm Oil Ltd (NBPOL), a company in which it is a major shareholder but does not run the operations.

30/06/2014 (Minda News) — Environmental group Panalipdan Southern Mindanao said Saturday it is poised to present to the City Council alternatives to proposed oil palm plantations in Paquibato and Marilog districts here.

30/06/2014 (BusinessDay) - It is widely accepted that the solution to the present economic problem in Nigeria is by way of encouraging production. With increased production, prices of goods and services will be brought down, there will be more employment for the people, industries will operate at near full capacity, there will be products for export market, thereby increasing of foreign earning capacity and also less dependence on foreign goods, thereby conserving our foreign earning. Palm kernel oil production is one of such investments that will definitely boost Nigeria’s production.

28/06/2014 (Reuters) - Malaysian palm oil futures fell for a second session on Friday as easing crude prices reined in biodiesel-driven demand for the tropical oil, and as weakness in comparative soyoil markets dragged.

28/06/2014 (Business Standard) - Prices of select edible oils drifted by Rs 50 per quintal at the wholesale oils and oilseeds market today due to reduced offtake by stockists against fall in demand at prevailing levels.

28/06/2014 (AllAfrica.com) - SIFCA an agribusiness group which operates in Liberia through two subsidiaries Maryland Palm Oil Plantation (MOPP) and Cavalla Rubber Corporation's (CRC) has been accused of human rights violations in a report by Social Entrepreneurs for Sustainable Development (SESDev).

28/06/2014 (Indonesia Investments) - The Indonesian Palm Oil Association (Gapki) expects that Indonesian exports of crude palm oil (CPO) and palm oil derivatives will increase between 10 and 15 percent to 11.29 million tons in the second half of 2014 from 9.82 million tons in the first half of this year. If achieved, then total CPO exports (and derivatives) from Southeast Asia’s largest economy in 2014 would be 21.11 million tons. Assuming an average CPO price of USD $895 per ton, these exports can be worth USD $18.89 billion in total.

28/07/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

28/06/2014 (Jakarta Post) - More palm oil producers are looking to be certified to allow them to continue accessing the European Union although it may lead to higher expenses.