Archived News

14/01/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

14/01/2014 (Bloomberg) - Cooking oil imports by India, the world’s second-biggest user, jumped to the highest level in almost a year as traders accelerated shipments before a tax increase and a decline in sunflower oil spurred demand.

14/01/2014 (Borneo Post) - The seasonal decline in fresh fruit bunch (FFB) yields for crude palm oil (CPO) in December last year was less pronounced in East Malaysia than Peninsular Malaysia, sliding by 14 per cent and four per cent month on month (m-o-m), respectively.

14/01/2014 (HIndu Business Line) - Vegetable oil imports in December rose to the second highest level in two decades at 10.67 lakh tonnes on the back of fall in prices and growing demand.

14/01/2014 (Alliance News) - Dekeloil Public Ltd said Monday it has received roughly EUR610,000 as part of an off-take agreement with Societe Africaine de Raffinerie (SAR) to supply crude palm oil from its extraction mill.

14/01/2014 (Bernama) - YB Datuk Amar Douglas Uggah Embas, Minister of Plantation Industries and Commodities will be leading the Palm Oil Promotion Mission to Iran and Pakistan from 14 - 21 January 2014. The delegation comprises representatives from the Ministry of Plantation Industries and Commodities, Malaysian Palm Oil Board (MPOB), Malaysian Palm Oil Council (MPOC) and private sector representatives.

14/01/2014 (Reuters) - India's vegetable oil imports in December climbed 13 percent to an 11-month high, data from a trade body showed, as poor local supply and fears the country would soon hike duties on overseas purchases of edible oils prompted traders to stock up.

13/01/2014 (Borneo Post) - Malaysian palm oil futures ended lower on Friday as it hit a two-month low while it stretched losses into a seventh day as it followed reports that exports had plunged in early January which elevate fears that palm oil stocks may increase.

13/01/2014 (Business Standard) - Though less, the 2.5 per cent increase in customs duty on refined edible oil (olien) is likely to reverse the import trend. Refineries might finally get to focus more on the import of crude oil instead of refined oil.

13/01/2014 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives Exchange ended lower on Friday on demand worries.

13/01/2014 (Hindu Business Line) - Prices of palmolein and soyabean recovered by Rs 100 per quintal on the wholesale oils and oilseeds market on Saturday on emergence of buying at existing lower levels.

13/01/2014 (Business Times) - In 2004, the world's palm oil industry saw the arrival of the Roundtable on Sustainable Palm Oil (RSPO).