Archived News

16/01/2014 (The Star) - Rapeoil on the European vegetable oils market firmed on Wednesday on bargain hunting and covering following a fire at one of Germany's largest crushers.

16/01/2014 (Jakarta Post) - Indonesia, the world’s biggest palm oil producer, may see higher production this year, though export volume will remain the same as last year because domestic use of the commodity is expected to grow.

16/01/2014 (Bloomberg) - Palm oil rebounded from a two-month low as the Malaysian currency dropped the most among Asian currencies against the U.S. dollar, boosting demand for ringgit-denominated futures.

16/01/2014 (Reuters) - Exports of Malaysian palm oil products from Jan. 1 to 15 fell 28.1 percent to 460,248 tonnes from 640,240 tonnes shipped during Dec. 1 to 15, cargo surveyor Intertek Testing Services said on Wednesday.

16/01/2014 (Business Standard) - Select edible oil prices fell by Rs 100 per quintal on the wholesale oils and oilseeds market today on stockists selling amid a weak global trend.

16/01/2014 (Reuters) - Malaysian palm oil futures rose on Wednesday but failed to pull far above their weakest level in more than two months as falling exports kept fears alive of a build-up in inventory in the world's second-largest producer.

15/01/2014 (Business Times) - RHB Research Institute is positive on crude palm oil (CPO) prices as Malaysia’s palm oil stockpile only rose marginally to 1.9 million tonnes in December last year, which is likely to be the seasonal peak and could see inventory easing in the months ahead — providing a lift for prices.

15/01/2014 (Reuters) - Malaysia, the world's No.2 palm oil producer, has kept its crude palm oil export tax for February unchanged at 5 percent, a government circular showed on Wednesday.

15/01/2014 (Bernama) - The Minister Of Plantation Industries and Commodities Datuk Douglas Uggah Embas, is leading a palm oil trade mission on a working visit to Pakistan and Iran from today until Jan 21.

15/01/2014 (Shape Magazine) - Ask the Diet Doctor: Palm Oil Primer.

15/01/2014 (The Star) - With a softer outlook on the palm oil inventory for the first half of this year, the crude palm oil (CPO) price is expected to strengthen over the period backed also by expected better biodiesel consumption.

15/01/2014 (Reuters) - Shares of palm oil firms took a hit on Tuesday after prices of Malaysian palm oil tumbled, while the Singapore index continued its losing streak in the wake of disappointing U.S. employment data.