Archived News

05/02/2014 (Bloomberg) - Palm oil fell on speculation that a decline in exports from Malaysia, the world’s second-largest producer, may expand stockpiles of the tropical oil used in everything from noodles to detergents.

05/02/2014 (Bernama) - Kenanga Research has maintained its "outperform" call for Sime Darby as it believed that the year-to-date six per cent decline in its share price to below RM9.00 has presented investors with an opportunity to accumulate Sime Darby at attractive valuation levels.

05/02/2014 (Daily Express) - Science, Technology and Innovation Minister Datuk Dr Ewon Ebin recently paid a working visit to the Natural Biogas (BioNG) plant in Carey Island, Selangor.

05/02/2014 (Business Recorder) - Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

05/02/2014 (Business Standard) - Prices of select edible oils fell up to Rs 50 per quintal on the wholesale oils and oilseeds market today as stocksits trimmed positions amid a weak trend overseas.

04/02/2014 (Reuters) - Malaysian palm oil futures ended lower on Tuesday, snapping two days of gains, after weaker-than-expected exports in January fuelled concerns that stockpiles in the world's second-largest producer will continue to climb.

04/02/2014 (Business Times) - Malaysian Palm Oil Association (MPOA) chief executive Datuk Dr Makhdzir Mardan says palm oil is the most popular cooking oil consumed around the world. The bigger the industry grows, the easier it becomes a target of immoral smear campaigns.

04/02/2014 (Hindu Business Line) - The edible oils market witnessed dull trading on Monday on lack of physical demand and absence of any cues from the foreign market. The Malaysian markets were closed for the Chinese New Year. Prices for the most oils were unchanged. Cotton and palmolein declined by ₹1 for 10 kg each on higher resale pressure. Volumes remained very thin and isolated.

04/02/2014 (Palm Oil Health) - Move over Thai food! The next big trend among America’s foodies may be Malaysian cuisine. In her feature article, Malaysian: The next big flavor trend?, Food Navigator USA Senior Correspondent Maggie Hennessy writes that a survey of 1,200 chefs listed Malaysian cuisine among the top three trending flavors for 2014.

04/02/2014 (Business Standard) - Crude palm oil prices up by 0.35% to Rs 540.20 per 10 kg in futures trading after participants created speculative positions following rising demand in the spot markets.

04/02/2014 (Hindu Business Line) - Groundnut and palmolein prices increased by ₹10 and ₹2 for 10 kg each on Tuesday, tracking a rise in the Saurashtra market. Local refineries also increased the rates for imported oils by ₹3/10 kg. In Rajkot, groundnut oil gained ₹30 on higher demand. Higher arrivals of new crops in producing areas pulled down rapeseed oil by ₹12, soyabean refined oil by ₹5 and cotton oil by ₹1. Sunflower oil ruled steady.

03/02/2014 (Borneo Post) - Malaysian palm oil futures ended in a positive state for the second consecutive day on Thursday, the last business trading day for the week as traders short-covered ahead of a long weekend holiday as well as in view of a favourable ringgit currency.