Archived News

04/04/2014 (Reuters) - Malaysian palm oil futures fell to their lowest in almost two months on Thursday as a drop in overseas soy markets dragged on prices of the tropical oil, putting them on track for a fourth straight weekly loss.

04/04/2014 (Bernama) - The crude palm oil (CPO) prices are expected to remain strong and average around RM2,700 per tonne this year, says MIDF Research.

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

04/04/2014 (Hindu Business Line) - A contrasting trend was witnessed in palm oil and soya oil prices on Thursday. On the NCDEX, soya oil futures rose by ₹5-6 but on the spot, it ruled steady in absence of demand. On Bombay Commodity Exchange, palmolein dropped by ₹3. Soya oil, groundnut and sunflower oil were unchanged, while cotton and rapeseed oil increased by ₹6 and ₹3 for 10 kg each. The volume remained lower compared with the previous day as stockists kept away as the market was volatile.

04/04/2014 (VibeGhana) - Palm kernel oil producers within the Sekondi-Takoradi Metropolis on Wednesday called on private individuals to invest in their businesses in order to sustain them.

04/04/2014 (Singapore Business Review) - Golden Agri eyes boosting oil palm plantations by 20-30,000 hectares this year but risks are looming.

04/04/2014 (Solomon Star) - The awareness program that is being carried out by Guadalcanal Plains Palm Oil Limited (GPPOL) in North East Guadalcanal has now resumed after being disturbed due to the wet weather experienced earlier in the year.

04/04/2014 (The Star) - Malaysia's exports in February rose 12.3% on-year to RM58.91bil, exceeding economists' forecast of a 10.6% increase mainly due to higher exports of electronics products to China.

03/04/2014 (Reuters) - Malaysian palm oil futures ended higher for the first time this week on Wednesday, following strong gains in overseas soyoil markets with investors pinning hopes that tighter supplies of competing oilseeds would drive demand to palm.

03/04/2014 (AllAfrica) - Residents of District 4 in Grand Bassa County have hailed Equatorial Palm Oil (EPO) for the rehabilitation of an eleven mile road, which runs from the company's estate to Gbar Town and ends at Timbo River.

03/04/2014 (Bernama) - The acceptance of the Malaysian Sustainable Palm Oil (MSPO), a new standard set by Malaysia, by the world's palm oil market is a challenge to the Plantation Industries and Commodities Ministry, the Dewan Rakyat was told Wednesday

03/04/2014 (Bernama) - Pontian United Plantations Bhd (PUP), the latest acquired subsidiary of Felda Global Ventures Holdings Bhd (FGV), is expected to contribute 20 per cent to the group's profit for the financial year ending Dec 31, 2014 (FY14).