Archived News

25/01/2014 (Times Of India) - Balu B Patel of Roda village in Valsad district has 150 oil palms on six hectares of land, and is now into palm oil business. Earlier, he had chickoo plantation. But, he decided to grow oil palms and spent Rs 10,000 per year on them for three years without any return.

25/01/2014 (Daily Express) - The Malaysian palm oil industry is expected to improve on its performance this year compared with 2013, supported by expected higher production and stronger demand from export destinations, and the use of biodiesel.

25/01/2014 (Reuters) - Top edible oil buyer India will likely import record volumes of vegetable oils to feed a rapidly growing population in the next marketing year, a trade body said, despite a recent government hike in import duties for the refined grade.

24/01/2014 (Reuters) - Malaysian palm oil futures rose to a near 3-week high on Thursday after the local currency tumbled again, raising hopes for stronger demand as the ringgit-priced feedstock becomes more attractive to overseas buyers and refiners.

24/01/2014 (Bernama) - The government will be implementing a certification scheme based on Malaysian standards to brand Malaysian palm oil for sustainability and nutritional benefits.

24/01/2014 (Bernama) - Malaysia's production of crude palm oil (CPO) is expected to increase to 19.5 million tonnes this year, from 19.2 million tonnes recorded in 2013, given the recovery in fresh fruit bunches.

24/01/2014 (Bernama) - Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas' seven-day visit to Pakistan and Iran beginning Jan 15 has been very fruitful in promoting Malaysian palm oil.

24/01/2014 (Bernama) - Malaysia Building Society Bhd (MBSB) will launch an oil palm plantation financing programme by April in an effort to boost its corporate loan growth.

24/01/2014 (Reuters) - India's total edible oil imports in 2014/2015 are projected to rise to a record 11 million tonnes, a trade body said on Thursday, as food and fuel demand from the world's top consumer grows higher.

24/01/2014 (Jakarta Globe) - Many commentators see the Roundtable of Sustainable Palm Oil (RSPO) certification scheme as a positive step in introducing greater sustainability into the palm oil sector. (EPA Photo)

23/01/2014 (Reuters) - Malaysian palm oil futures ended lower on Wednesday, snapping four straight days of gains, as investors banked profits after an early-session rise to the highest in more than two weeks.

23/01/2014 (The Star) - Malaysian Palm Oil Council (MPOC) CEO Tan Sri Yusof Basiron reminisces about the early days of the oil palm industry and its growth in our country.