Archived News

15/01/2014 (The Star) - With a softer outlook on the palm oil inventory for the first half of this year, the crude palm oil (CPO) price is expected to strengthen over the period backed also by expected better biodiesel consumption.

15/01/2014 (Reuters) - Shares of palm oil firms took a hit on Tuesday after prices of Malaysian palm oil tumbled, while the Singapore index continued its losing streak in the wake of disappointing U.S. employment data.

15/01/2014 (Hindu Business Line) - The edible oils market extended its bearish trend on Monday on slack physical demand and weak futures market, led by strong domestic currency, higher December-end palm oil stocks and lower exports from Malaysia.

15/01/2014 (Eco-Business) - As the de facto organisation charged with improving the sustainability of the massive palm oil sector, the Roundtable on Sustainable Palm Oil (RSPO) has been in the spotlight, particularly in Asia, as industry developments unfolded in the past year.

14/01/2014 (Reuters) - Malaysian palm oil futures fell to their lowest in more than two months on Monday, stretching their losing streak to an eighth session as concerns about higher stocks amid sluggish export demand weighed on investor sentiment.

14/01/2014 (Reuters) - India's palm oil imports rose to 863,205 tonnes in December from 774,207 tonnes in the previous month, data from the Solvent Extractors' Association of India (SEA) showed on Monday.

14/01/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

14/01/2014 (Bloomberg) - Cooking oil imports by India, the world’s second-biggest user, jumped to the highest level in almost a year as traders accelerated shipments before a tax increase and a decline in sunflower oil spurred demand.

14/01/2014 (Borneo Post) - The seasonal decline in fresh fruit bunch (FFB) yields for crude palm oil (CPO) in December last year was less pronounced in East Malaysia than Peninsular Malaysia, sliding by 14 per cent and four per cent month on month (m-o-m), respectively.

14/01/2014 (HIndu Business Line) - Vegetable oil imports in December rose to the second highest level in two decades at 10.67 lakh tonnes on the back of fall in prices and growing demand.

14/01/2014 (Alliance News) - Dekeloil Public Ltd said Monday it has received roughly EUR610,000 as part of an off-take agreement with Societe Africaine de Raffinerie (SAR) to supply crude palm oil from its extraction mill.

14/01/2014 (Bernama) - YB Datuk Amar Douglas Uggah Embas, Minister of Plantation Industries and Commodities will be leading the Palm Oil Promotion Mission to Iran and Pakistan from 14 - 21 January 2014. The delegation comprises representatives from the Ministry of Plantation Industries and Commodities, Malaysian Palm Oil Board (MPOB), Malaysian Palm Oil Council (MPOC) and private sector representatives.