Archived News

29/04/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

29/04/2014 (Reuters) - Malaysian palm oil futures rose to a near one-week high on Monday, lifted by gains in China and U.S. soyoil markets, while positive export data late last week fuelled optimism of a recovery in demand for the tropical oil.

29/04/2014 (Hindu Business Line) - Barring palmolein and cotton refined oil, which rose by ₹1 and ₹5 for 10 kg each, all other edible oils ruled steady. Soya oil futures jumped by over one per cent tracking extended gains in Malaysian palm oil futures and speculative buying.

29/04/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

29/04/2014 (Borneo Post) - The world’s first biomass joint-venture cluster will be launched at the fifth International Palm Oil Expo (PalmEx) 2014 in Sandakan on May 21 to 23.

29/04/2014 (tce today) - Malaysian conglomerate Sime Darby has taken a stake in US biotechnology firm Verdezyne, as it seeks to add value to palm oil.

29/04/2014 (Reuters) - Indonesian conglomerate PT Astra International reported on Monday a 10 percent rise in first-quarter net profit, lifted by a rise in crude palm oil prices and stronger contribution from its heavy equipment arm.

29/04/2014 (The Star) - United Plantations Bhd's earnings rose 35.7% to RM87.74mil in the first quarter ended March 31, 2014 from RM64.64mil a year ago due to higher crude palm oil (CPO) production and higher selling prices.

28/04/2014 (The Star) - Southern Acids (M) Bhd said its recent share price hike could probably due to a raised target price by a research house, it said on Monday.

28/04/2014 (Borneo Post) - Malaysian palm oil futures rose 0.98 per cent for the week as exports recovered to support market although gains were limited by concerns over demand in the world’s second largest importer China.

28/04/2014 (Mongabay.com) - Jambi’s Rapid Forest Destruction

28/04/2014 (Reuters) - A slump in the number of Indonesian workers applying for jobs in Malaysia's palm oil sector is worsening a labour crunch that industry players say is taking a heavy toll on the export earnings of the world's second-largest grower of the edible oil.