Archived News
11-06-2014
Rotterdam Vegetable Oil Prices
11/06/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.
11-06-2014
Chief Calls for Support for Rural Industries
11/06/2014 (VibeGhana) - The chief of Asuokwaw, Barima Kwame Ofori the second, has appealed for the provision of a processing factory for the production of palm oil and palm kernel oil, to boost business in the area.
11-06-2014
Shipping Activity at Port Qasim
11/06/2014 (Business Recorder) - Three ships C.V Safmarine Ngami, M.T Atlantic Glory and M.T Ashahda carrying containers chemicals and furnace oil were berthed at Qasim International Containers Terminal, Engro Vopak Terminal and at FOTCO Oil Terminal Port Qasim on Monday.
11-06-2014
IOI Corp Sees El Nino Having Significant Impact on CPO Prices
11/06/2014 (The Star) - The expected El Niño phenomenon will have a significant impact and is expected to push crude palm oil (CPO) prices up, said IOI Corporation Bhd chief executive officer Datuk Lee Yeow Chor.
11-06-2014
Malaysia Palm Oil Industry Performance for May
11/06/2014 (Bloomberg) - The following table shows Malaysia’s palm oil production, stocks, exports and imports for May according to the Malaysian Palm Oil Board.
11-06-2014
RI Seeks New Hubs to Market its Palm Oil Products
11/06/2014 (Jakarta Post) - Indonesia, the world’s biggest palm oil producer, is seeking new entry hubs in the Middle East and Southeast European countries in a bid to reduce its reliance on long-established markets in China, India and Europe.
10-06-2014
VEGOILS-Palm Ends Flat After Ringgit Hits Near 7-Mth High
10/06/2014 (Reuters) - Malaysian palm oil ended flat on Monday after the ringgit advanced to its highest in nearly seven months, with a stronger overseas soy market helping to offset losses and keep prices locked in a tight trading range.
10-06-2014
Palm Oil/Vegoils: Market Factors to Watch June 10 Tuesday
10/06/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.
10-06-2014
Mechanisation And Automation Key To Reduce Dependency On Foreign Labour, Says Uggah
10/06/2014 (Bernama) - The way forward to resolve the labour shortage in the oil palm industry is to increase the level of mechanisation, said Minister Of Plantation Industries and Commodities Datuk Amar Douglas Uggah Embas.
10-06-2014
Sime Darby Seeks To Almost Double Market Cap To RM100 Billion By 2016
10/06/2014 (Bernama) - Malaysia-based multinational conglomerate, Sime Darby Bhd, plans to almost double its market capitalisation to RM100 billion on Bursa Malaysia by 2016 from RM57.73 billion recorded to date.
10-06-2014
Bursa Malaysia Hopes Newly-introduced FPOL Will Sustain Its Advantages
10/06/2014 (Bernama) - Bursa Malaysia Bhd hoped that its new products and strategies, namely, the new US dollar-dominated refined, bleached and deodorized palm olein futures contracts (FPOL), will sustain its unique advantages as Asean's multinational marketplace and drive investment growth.
10-06-2014
Sime Darby Plans Up To 100,000 Hectares Of Oil Palm In Liberia
10/06/2014 (Bernama) - Multinational Conglomerate, Sime Darby Bhd, is planning to plant up to 100,000 hectares of oil palm in Liberia within the next 10 years.