Archived News

16/06/2014 (Reuters) - India's palm oil imports rose 22 percent to 654,255 tonnes in May from a month ago, a trade body said on Monday, as buyers stocked up ahead of the Muslim holy month of Ramadan when demand for the tropical oil typically peaks.

16/06/2014 (Borneo Post) - Palm oil settled higher for the week on Friday after a few weeks of decline as it was supported by strong crude oil prices, the seasonal celebration demand and an upcoming potential El Nino weather pattern.

16/06/2014 (Bloomberg) - Palm oil inventories in Indonesia probably advanced to an eight-month high in May, while shipments from the world’s largest producer were the second lowest since September 2012. Futures declined.

16/06/2014 (The Star) - Sarawak Plantation Bhd, which targets to cultivate another 3,500ha of oil palm this year, is actively exploring potential acquisitions or mergers to expand its estates.

16/06/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.

16/06/2014 (The Star) - A conservation plan is under way to restore degraded riverbank reserves and create new forest areas in Sabah.

16/06/2014 (The Star) - Plantations were among the top losers at the midday break on Monday despite the firmer crude palm oil (CPO) futures as investor sentiment took a hit on rising fears on spreading insurgency in Iraq.

14/06/2014 (Reuters) - Palm oil strengthened in Malaysia on Friday snapping three weeks of declines, buoyed by firmer crude oil prices, buyers stocking up ahead of the Muslim fasting month and a week of extreme heat that suggested an El Nino weather pattern may be on the way.

14/06/2014 (Borneo Post) - The Malaysian Palm Oil Association (MPOA) Sabah Branch committee, led by its chairman Tun Haji Mohammad Tarmizi Hj Taufek, paid a courtesy call on State Forestry director Datuk Sam Mannan at the Sabah Forestry Department headquarters here yesterday.

14/06/2014 (Bernama) - The 20 Malaysian companies taking part at the recent three-day SIAL China 2014 food trade fair in Shanghai generated total sales of RM38.9 million and received over 1,500 trade enquiries, said the Malaysia External Trade Development Corporation (MATRADE).

14/06/2014 (AgriMoney.com) - The retreat in palm oil prices may have run its course, Sipef said, as futures extended their recovery, but the plantations group was less upbeat over rubber and tea markets.

14/06/2014 (PRNewswire) - Global Agri-trade Corporation (GATC), a premier supplier of certified sustainable palm products, announced today the introduction of Olera GOLD® Low Color Palm Shortening, a 100% Certified Sustainable multi-purpose palm shortening.