Archived News

09/05/2014 (Reuters) - Malaysian palm oil stocks inched up to a three-month high in April as output of the tropical oil continued to rise, a Reuters survey ahead of official data showed, with a pick up in export demand checking a greater rise in inventories.

09/05/2014 (The Sun Daily) - BIMB Securities Research said Malaysia's exports growth is still strong although exports declined slightly in March after three consecutive months of double digit year-on-year growth, pointing to a sustained momentum in export growth.

09/05/2014 (Hindu Business Line) - Barring palmolein, groundnut and cotton refined oil, all other edible oils ruled unchanged on Thursday due to slack demand amid range-bound futures markets.

08/05/2014 (Reuters) - Malaysian palm oil futures ended higher for the first time in six days on Wednesday as the current weakness in the palm market attracted bargain hunters and prompted investors to cover short positions, although a strong ringgit put a lid on gains.

08/05/2014 (Reuters) - Chinese palm oil imports could be hit as buyers struggle for funding, the latest casualty in Beijing's crackdown on commodity financing in the face of slowing domestic demand.

08/05/2014 (Jakarta Post) - Crude palm oil (CPO) production of Singapore-based PT Cargill Tropical Palm fell 10 percent in the first quarter of this year compared with the same period a year ago.

08/05/2014 (Jakarta Post) - Palm oil producer PT Astra Agro Lestari (AALI), part of diversified conglomerate Astra International, is building two new palm oil mills in Donggala, Central Sulawesi, and Penajam Paser Utara, East Kalimantan.

08/05/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

08/05/2014 (The Star) - RHB Research is maintaining its Overweight recommendation on the plantation sector as its expects most of the 11 companies at its plantation day in Singapore to record improved earnings in the coming year on the back of higher CPO prices and lower production costs.

08/05/2014 (Yankton Daily Press) - Google “health benefits of coconut oil,” and you’ll get more than seven million results. It has recently been championed by Dr. Oz as “a heart-healthy food that can keep your body running smoother.” According to his website, coconut oil assists with weight loss, moderates blood sugars, manages cholesterol, and helps with aging. It’s not the only tropical oil getting positive press: Dr. Oz recently championed red palm fruit oil as one of the top miracle foods of 2013, reporting that it helps you live longer, fights belly fat and heart disease, and even reduces your risk of Alzheimer’s disease. At fourteen dollars a jar, it’s certainly one of the more pricey options out there, but is it worth the expense?

08/05/2014 (Hindu Business Line) - Edible oils market ruled steady on Wednesday following slack demand amid range-bound volatility in Malaysian palm oil futures. On the Bombay Commodity Exchange (BCE), soya oil, sunflower oil, rapeseed oil and palmolein ruled unchanged. Groundnut oil and cotton refined oil declined by ₹10 and ₹5 for 10 kg each.

08/05/2014 (Reuters) - China's refined palm oil imports could be hit as buyers struggle for funding, the latest casualty in Beijing's crackdown on commodity financing in the face of slowing domestic demand.