Archived News

07/02/2014 (BusinessDay) - Listed oil palm companies operating in Nigeria have had their profits crimped as a result of international price volatility, mounting operational expenses and surging interest on borrowing, as revealed by their third quarter 2013 reports.

07/02/2014 (Mizo News) - Officials of Godrej Agrovet Company, being engaged for the Oil Palm Mill construction, informed Mizoram Parliamentary secretary K. Lalrinthanga, who visited the work site today, that they have been working vigorously on a daily-basis, adding, the construction will be completed within short time from now.

07/02/2014 (Bloomberg) - Palm oil advanced to the highest level in two weeks on speculation that dry weather in Brazil may reduce soybean output in the world’s biggest exporter, trimming global vegetable oil supplies.

07/02/2014 (Bernama) - Rubber and oil palm smallholders are encouraged to plant cash crops to raise their income and at the same time ease the burden caused by the rising cost of living, said Rural and Regional Development Minister Datuk Seri Mohd Shafie Apdal.

07/02/2014 (Natural Products Insider) - Red palm oil is a unique nutritious vegetable oil derived from the fruits of the palm tree (Elaeis guineensis). It is the only oil in nature that provides a bouquet of antioxidants and phytonutrients such as tocotrienols/tocopherol (vitamin E), mixed-carotenes with high level of alpha-carotene (pro-vitamin A), plant squalene, phytosterol complex and coenzyme Q10 (CoQ10). No other vegetable oil has such unique natural combination of phytonutrients.

06/02/2014 (Reuters) - Malaysian palm oil futures ended higher on Wednesday as investors short-covered positions following some speculative selling in the previous session, but a stronger ringgit curbed gains and kept prices locked in range-bound trade.

06/02/2014 (Bernama) - RHB Research has maintained a "positive" on the plantation sector due to higher palm oil prices and cheaper fertilizers.

06/02/2014 (Hindu Business Line) - Firm Malaysian palm oil futures lifted imported palmolein and soyabean refined oil by ₹1 and ₹3/10 kg each in Mumbai on Wednesday. All other edible oils ruled steady on lack of demand. The volume was thin and isolated in resale as local refineries rates were higher. Morale was slightly positive tracking a rebound in futures markets, said an observer.

06/02/2014 (Solomon Star) - Ministry of agriculture and livestock (MALS) through its palm oil department will continue offer budgeting and book-keeping training to all its out grower members in Guadalcanal Plains and Vangunu in Western province this year.

06/02/2014 (Bloomberg) - Palm oil gained on speculation that demand for the tropical oil used in food to fuels may improve as dry weather hurt soybean output prospects in South America.

06/02/2014 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

06/02/2014 (Reuters) - Malaysian palm oil stocks in January are expected to fall for the first time since June thanks to seasonally lower output, but sluggish demand for the tropical oil means inventories are likely to be only slightly lower.