Archived News

07/03/2014 (Bloomberg) - Indonesia should keep more resources such as natural gas at home to bolster its domestic industries, according to Aburizal Bakrie, who rates himself the favorite to win a presidential election to be held in July.

07/03/2014 (UkrAgroConsult) - A bottoming out of sunflower seed and oil prices could be on the horizon as the current political crisis in Ukraine may cast a level of doubt over its exporting volumes. Although initial reports suggest the gains and oilseeds industry has been unaffected so far, the situation remains volatile and things could change very quickly.

07/03/2014 (Bernama) - Plantation counters hogged the limelight on Bursa Malaysia Securities today recording gains across the board prompted by the bullish price outlook painted by several industry analysts at the Palm and Lauric Oil Conference and Exhibition (POC) 2014 which ended Wednesday.

07/03/2014 (Bernama) - Malaysia's total trade in January 2014 rose 9.8 per cent to RM121.59 billion from RM110.72 billion in the same month a year ago, the Ministry of International Trade and Industry (MITI) said.

07/03/2014 (Bloomberg) - Palm oil stockpiles in Malaysia, the world’s biggest grower after Indonesia, probably tumbled last month to the lowest level since September as production declined to a one-year low, a Bloomberg survey showed. Futures climbed to the highest level since 2012.

07/03/2014 (The Star) - Plantations advanced on Thursday, buoyed by the positive outlook for crude palm oil, underpinning the near 10-point gain by the FBM KLCI.

07/03/2014 (Bloomberg) - World food prices rose 2.6 percent in February, the biggest jump in 19 months, as prices for cooking oils, grains, dairy and sugar all rose, the United Nations’ Food & Agriculture Organization said.

07/03/2014 (The Star) - A senior state minister from Sarawak disclosed that Wilmar International Ltd, which kicked up a storm three weeks ago with its new outsourcing policy, has given the assurance that it would continue to procure crude palm oil (CPO) from planters in the state even though the plantations were on peat land.

07/03/2014 (Reuters) - Singapore stocks were headed for their third session of gains on Thursday, led by palm oil companies as a strong rise in the edible oil boosted their shares.

07/03/2014 (The Star) - Plantation stocks were actively traded on Bursa Malaysia yesterday, following the bullish projection by world palm oil experts that crude palm oil (CPO) prices are set to reach the RM3,000-per-tonne level by the second half of this year.

07/03/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

06/03/2014 (Reuters) - Malaysian palm oil futures hit a 17-month high on Wednesday, supported by expectations that the dry weather will hurt Southeast Asian production and as key analysts gave bullish price outlooks at an industry gathering.