Archived News

15/04/2014 (NST) - Palm oil production in Southeast Asia, the largest growing region, is at increasing risk from the probable onset of an El Nino later this year after estates were already hurt by dryness in the first quarter. Prices advanced.

15/04/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

15/04/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.

14/04/2014 (Borneo Post) - Malaysian palm oil futures settled 1.6 per cent lower for the week on Friday as industry stocks data from Malaysian Palm Oil Board (MPOB) shocked the market with the report of a slight increase in inventory levels.

14/04/2014 (Bernama) - Malaysian banks and government-mandated institutions that invest in growth sectors must commit to play a role in improving social and environmental standards in the palm oil industry.

14/04/2014 (Bernama) - Kuala Lumpur Kepong Bhd (KLK) shares moved higher Monday following its announcement of a venture in Liberia.

14/04/2014 (Hindu Business Line) - At the Multi Commodity Exchange, crude palm oil futures contract has dropped 10 per cent since its March high of ₹619.6 per 10 kg.

14/04/2014 (Jakarta Post) - A scientist has claimed that palm oil producer PT Wilmar Nabati Indonesia (WINA) has violated a deforestation agreement made by its parent firm, Wilmar International, by expanding the company’s operations and damaging the environment in Balikpapan Bay.

14/04/2014 (NST) - The government has allocated 25MW (megawatt), or 39 per cent, of this year’s 65MW renewable energy (RE) quota to biomass and biogas operators, said Sustainable Energy Development Authority (Seda) chief executive officer Badriyah Abdul Malek.

14/04/2014 (IngredientsNetwork.com) — Sales of Certified Sustainable Palm Oil (CSPO) for the first quarter ending March 31, 2014 (Q12014), have hit a new high, with a 49% increase for physical uptake of RSPO CSPO and a 54% increase for GreenPalm Certificates, compared with Q12013.

14/04/2014 (The Sun Daily) - Lower soybean production and better palm oil exports are likely to sustain crude palm oil (CPO) prices above RM2,600 a tonne on average this year, with most analysts putting the figure at RM2,700.

12/04/2014 (Reuters) - Malaysian palm oil futures hit two-month lows before turning positive late on Friday, as lower comparative oils and crude prices offset industry stocks data from the previous session.