Archived News

24/04/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

23/04/2014 (Bloomberg) - Malaysia’s severe drought in the first three months of 2014 will have a negative impact on palm oil production into early 2016 even after rain returned in the second half of March, industry researcher Oil World predicted.

23/04/2014 (Daily Mirror) - A sharp decline in Sri Lanka’s coconut oil production in 2013 has resulted in significantly more palm oil imports, which is a close substitute for coconut oil, the 2013 Central Bank annual report showed.

23/04/2014 (Hindu Business Line) - Extended gains in domestic and overseas futures lifted edible oil prices in spot on Tuesday. . The volume was higher and about 2,500-3000 tonnes of edible oils were sold during the day in physical markets, sources said.

23/04/2014 (Thomson Reuters Foundation) - James Mulbah knows how forests work. After fleeing Liberia's civil war, aged seven, he and his family lived as refugees in a forest village in Guinea for the next eight years, reliant on the environment for food, medicine and fuel. The trained sociologist is now putting that knowledge to good use in his native country.

23/04/2014 (The Star) - Felda's director-general says good human resource management and financial systems are the ingredients that make the scheme one to emulate.

23/04/2014 (Jakarta Post) - In addition to the increase in oil prices in the world market, the program to increase the mandatory amount of palm oil (fatty acid methyl ester) in biodiesel is hampering the government’s efforts to increase the consumption of non-subsidized fuel in the country.

23/04/2014 (The Punch) - The Edo State Government said on Wednesday in Benin that more than 200,000 jobs would be created from oil palm production by 2015.

23/04/2014 (Bangkok Post) - The Energy Ministry has teamed up with the oil and gas giant PTT Plc to conduct road trials for B20, a blend of 20% biodiesel with 80% conventional hydrocarbon-based diesel, to pave the way for commercial sales of the fuel.

23/04/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

22/04/2014 (Reuters) - Malaysian palm oil futures ended higher on Monday after two days of losses, as investors pinned hopes for an increase in demand ahead of a major Muslim festival despite a surprise drop in exports in the first 20 days of the month.

22/04/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.