Archived News

03/06/2014 (Bernama) - The Malaysian Palm Oil Board (MPOB) is organising a seminar on "Palm Industry Labour: Issues, Performance and Sustainability" (PILIP 2014) in Kuching on June 9.

03/06/2014 (Hindu Business Line) - Edible oils prices declined on Monday tracking bearish futures markets, amid slack physical demand. Disappointing export data dragged Malaysian palm oil to their lowest in nearly seven-and-a-half months. In Mumbai, palmolein declined by ₹4, sunflower and rapeseed oil declined by ₹5 for 10 kg each. Cotton refined oil dropped by ₹10.

03/06/2014 (Jakarta Post) - The rupiah tumbled to its lowest level in three months on Monday as the country reported its biggest trade deficit in nine months.

03/06/2014 (The Star) - The clear, golden-brown liquid served to us in two tiny glasses looked like tea, but it was actually palm oil phenolics juice.

03/06/2014 (Daily Sabah) - Malaysia is seeking Turkey's cooperation in hurrying up the ratification of a recently inked free trade pact between the two moderate Muslim-economies.

03/06/2014(Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

03/06/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

03/06/2014 (RTT News) - Anglo-Eastern Plantations Plc. (AEP.L) said it anticipates that Crude Palm Oil price will remain generally stable due to the increase in demand from biodiesel and modest levels of industry output. The Board remains cautious but expects profitability and cash flow to remain in line with management forecasts for the remainder of 2014.

02/06/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

02/06/2014 (Hindu Business Line) - The global vegetable oil market is at the crossroads. The short-term fundamentals are weak, with consumption lagging behind production and stocks rising at the origins.

02/06/2014 (Borneo Post) - In the previous article, I mentioned that the market may rebound as it approaches the support level and it did rebound on bullish global market performances despite mixed sentiment on the reported earnings. However, trading volume has shrunk as the market continued to take a cautious approach especially in the retail market.

02/06/2014 (Business Recorder) - The Karachi Port handled 138,807 tonnes of cargo comprising 93,854 tonnes of import cargo and 44,953 tonnes of export cargo including 3,302 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 93,854 tonnes comprised of 51,918 tonnes of containerised cargo; 12,114 tonnes of coal and 29,822 tonnes of oil/liquid cargo.