Archived News

01/01/2014 (Reuters) - Malaysian palm oil futures ended higher on Tuesday after a slight recovery in exports signalled rising food and fuel demand for the edible oil, triggering speculative buying that lifted prices to their first annual gain in three years.

01/01/2014 (Bernama) - The demand for crude palm oil (CPO) is expected to be resilient next year with the help from the biodiesel sector following the government's biodiesel five per cent blend (B5) programme, with price to average RM2,600 a tonne.

01/01/2014 (Sun.Star) - A 10,000-hectare (ha.) palm oil plantation and processing plant for each municipality is being pushed in the region to help banana farmers who are being affected by the fusarium wilt, an official said.

01/01/2014 (Hindu Business Line) - A negative trend was witnessed in edible oils on Tuesday. Rebound in Malaysian palm oil futures lifted sentiment in palmolein and soya oil in domestic market late evening leading to a higher volume.

01/01/2014 (Business Recorder) - The Karachi Port handled 256,652 tonnes of cargo comprising 180,735 tonnes of import cargo and 75,917 tonnes of export cargo including 7,834 loaded and empty containers during the last 48 hours ended at 0700 hours on Monday.

31/12/2013 (Reuters) - Malaysian palm oil futures ended nearly flat on Monday, reversing some gains made earlier on last-minute selling towards the session's close, although fears of more monsoon floods supported prices.

31/12/2013 (StockMarketWire.com) - DekelOil has given a positive update on its operations including excellent progress towards final commissioning of its 60 t/hr crude palm oil extraction mill by Modipalm Engineering.

31/12/2013 (Reuters) - Malaysian palm oil firm Boustead Plantations Bhd will offer 580 million new shares to investors, the firm said on Monday, as it looks to tap a domestic initial public offering (IPO) market that is expected to be vibrant next year.

31/12/2013 (The Star) - For those in the palm oil sector, 2013 will be best remembered for the successful implementation of Malaysia’s revised crude palm oil (CPO) export duty and the abolition of the duty-free CPO export quota.

31/12/2013 (Bernama) - The demand for crude palm oil (CPO) is expected to be resilient next year with the help from the biodiesel sector following the government's biodiesel five per cent blend (B5) programme, with price to average RM2,600 a tonne.

31/12/2013 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

31/12/2013 (Reuters) - Indian oilseeds and soyoil futures edged up on Monday on a weaker rupee, gains in overseas edible oil prices and concerns that a sharp drop in temperature in the northern part of the country could damage rapeseed crop.