Archived News

29/03/2014 (Business Recorder) - Friday's Rotterdam vegetable oil prices at 1700 GMT.

29/03/2014 (Reuters) - Indonesia is likely to post a modest trade surplus in February, which could relieve some pressure on the country's beleaguered currency, while inflation eases on lower food prices.

29/03/2014 (Business Recorder) - The Karachi Port handled 188,106 tonnes of cargo comprising 139,255 tonnes of import cargo and 48,851 tonnes of export cargo including 5,811 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.

29/03/2014 (Borneo Post) - The business landscape in Sarawak is changing.

28/03/2014 (Reuters) - Malaysian palm oil futures fell to their lowest in almost six weeks on Thursday on sluggish demand for the tropical oil, with bearish signals on technical charts also dragging.

28/03/2014 (Borneo Post) - Members of the Sarawak Oil Palm Plantation Owners Association (Soppoa) reaffirmed their commitment towards compliance and certification under the Malaysian Sustainable Palm Oil (MSPO) standard for the industry in Sarawak. This was among the points highlighted during its sixth Annual General Meeting held yesterday in Kuching.

28/03/2014 (Reuters) - India's sunflower oil imports are likely to jump more than half to a record high in the year through October 2014, as it trims palm oil purchases on a likely drop in output from Indonesia and Malaysia, said an executive at India's biggest edible oil buyer.

28/03/2014 (Bernama) - The federal government has allocated RM250 million this year to assist oil palm, rubber, pepper and sago smallholders in Sarawak.

27/03/2014 (Reuters) - Malaysian palm oil futures ended lower on Wednesday after export data led to worries of lagging demand by major buyers and in a technical reaction after a gain early in the session failed to break a technical resistance level.

27/03/2014 (Hindu Business Line) - Imported palmolein and soyabean refined oil declined by ₹3 and ₹2 for 10 kg each on Wednesday tracking bearish Malaysian palm oil amid slack physical demand. Cotton and rapeseed oil dropped by ₹10 and ₹2 each following rising arrivals of mustard seeds.

27/03/2014 (spyghana.com) - Yara Ghana Limited, a leading mineral fertilizer company, has embarked on an oil palm training programme aimed at promoting the suitability of oil palm production in Ghana through the improvement of yield and the integration of the different facets of the industry.

27/03/2014 (Bernama) - The Government expects the palm oil industry to generate a staggering RM178 billion revenue by 2020, says Plantation Industries and Commodities Minister Datuk Seri Douglas Uggah Embas.