Archived News

12/02/2014 (Borneo Post) - The Sarawak Oil Palm Plantation Owners Association (SOPPOA) yesterday applaud the stance of the state and federal governments in reminding oil palm planters here not to hastily sign with companies that may jeopardise the industry.

12/02/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.

12/02/2014 (Mongabay.com) - Despite a sharp drop in the price of palm oil since 2011, premiums for certificates representing palm oil produced under the Roundtable on Sustainable Palm Oil (RSPO) standard have risen due to increased demand for greener palm kernel oil (CPKO), reveals data released by GreenPalm.

11/02/2014 (Reuters) - Malaysian palm oil futures edged higher on Monday, stretching gains into a fourth straight session to touch a near three-week high as a rally in overseas soy markets continued to lift prices of the tropical oil.

11/02/2014 (Bernama) - Malaysia, the world's second-largest palm oil producer, is on track to launch the Malaysian Sustainable Palm Oil (MSPO) standard this year, said the Malaysian Palm Oil Council (MPOC).

11/02/2014 (Bloomberg) - Palm oil climbed to the highest in more than a month after stockpiles in Malaysia, the world’s second-biggest producer, fell more than analysts’ estimates and on concern dry weather in Brazil may damage soybean crops.

11/02/2014 (Hindu Business Line) - Prices of edible oils ruled firm on Monday, tracking extended gains in the futures market amid higher physical demand. Spot prices increased by ₹3 for 10 kg for palmolein, as the Malaysian palm oil February and March futures jumped by 50 and 40 ringgits/tonne, respectively. Other soft edible oils ruled steady and groundnut oil dropped by ₹10 in the local market.

11/02/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

11/02/2014 (Ethical Corporation Magazine) - Greenpeace challenges palm oil producers, the e-waste problem in China and the UN climate fund finds a home, at last

11/02/2014 (The Star) - The fortunes of plantation companies hit by the weaker crude palm oil (CPO) price last year are set to improve, at least in the first quarter of this year, bouyed by the current depreciation of the ringgit, which pushed CPO to trade at its one-month high of above RM2,600 per tonne yesterday.

11/02/2014 (Borneo Post) - Deputy Chief Minister Datuk Patinggi Tan Sri Alfred Jabu yesterday condemned several developed countries for boycotting products made from oil palm grown on peat land and felled forests.

11/02/2014 (Bloomberg) - Palm oil stockpiles in Malaysia dropped to the lowest level in three months in January as output in the world’s second-biggest producer after Indonesia tumbled to a seven-month low. Futures climbed to a one-month high.