Archived News

14/04/2014 (Bernama) - Kuala Lumpur Kepong Bhd (KLK) shares moved higher Monday following its announcement of a venture in Liberia.

14/04/2014 (Hindu Business Line) - At the Multi Commodity Exchange, crude palm oil futures contract has dropped 10 per cent since its March high of ₹619.6 per 10 kg.

14/04/2014 (Jakarta Post) - A scientist has claimed that palm oil producer PT Wilmar Nabati Indonesia (WINA) has violated a deforestation agreement made by its parent firm, Wilmar International, by expanding the company’s operations and damaging the environment in Balikpapan Bay.

14/04/2014 (NST) - The government has allocated 25MW (megawatt), or 39 per cent, of this year’s 65MW renewable energy (RE) quota to biomass and biogas operators, said Sustainable Energy Development Authority (Seda) chief executive officer Badriyah Abdul Malek.

14/04/2014 (IngredientsNetwork.com) — Sales of Certified Sustainable Palm Oil (CSPO) for the first quarter ending March 31, 2014 (Q12014), have hit a new high, with a 49% increase for physical uptake of RSPO CSPO and a 54% increase for GreenPalm Certificates, compared with Q12013.

14/04/2014 (The Sun Daily) - Lower soybean production and better palm oil exports are likely to sustain crude palm oil (CPO) prices above RM2,600 a tonne on average this year, with most analysts putting the figure at RM2,700.

12/04/2014 (Reuters) - Malaysian palm oil futures hit two-month lows before turning positive late on Friday, as lower comparative oils and crude prices offset industry stocks data from the previous session.

12/04/2014 (Bernama) - Crude palm oil (CPO) prices may not face pressure due to higher palm oil production, while any downside should be limited and weak exports, temporary, said Kenanga Research.

12/04/2014 (Bernama) - KLK Agro Plantations Pte Ltd and Equatorial Biofuels (Guerney) Ltd have teamed up to form Liberian Palm Developments, to expand plantation landbank outside Malaysia and Indonesia.

12/04/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1600 GMT.

12/04/2014 (Business Recorder) - The Karachi Port handled 153,336 tonnes of cargo comprising 105,702 tonnes of import cargo and 47,634 tonnes of export cargo including 5,381 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 105,702 tonnes comprised of 37,462 tonnes of containerised cargo; 3,292 tonnes of general cargo; 17,948 tonnes of bulk cargo: 14,529 tonnes of coal; 3,419 tonnes of soyabean meal and 47,000 tonnes of oil/liquid cargo.

12/04/2014 (Hindu Business Line) - The edible oils market rebounded on Friday with prices in the futures rising late in the evening. On the Bombay Commodity Exchange, a mixed trend prevailed with palmolein losing ₹2 and rapeseed oil gaining ₹1 for 10 kg each. Other edible oils were steady due to higher selling pressure.