Archived News
11-01-2014
Palm Drops to Two-Month Low as Stockpiles Rise, Exports Decrease
11/01/2014 (Bloomberg) - Palm oil declined to a two-month low after data showed that reserves in Malaysia, the world’s second-largest producer, climbed to the highest level in nine months while exports fell.
11-01-2014
India’s Higher Import Duty Hurts RI Exports
11/01/2014 (Jakarta Post) - An industry group in Indonesia, the world’s top palm oil producer, has demanded the government lower its palm oil export tax to maintain a competitive export edge over India, its biggest buyer.
11-01-2014
Rotterdam Vegetable Oil Prices
11/01/2014 (Business Recorder) - Friday's Rotterdam vegetable oil prices at 1700 GMT.
11-01-2014
Angola: Agro-Industrial Programme Re-Launches Palm Tree Fruit Production in Kwanza Sul
11/01/2014 (AllAfrica.com) - A project to re-launch the planting of palm tree fruit, in an area of 7.500 hectares of arable lands will be executed in the municipalities of Amboim and Kilenda, coastal Kwanza Sul province, aiming for the production of palm oil.
11-01-2014
Governor Orji Calls for Resuscitation of Oil Palm in Nigeria
11/01/2014 (DailyPost Nigeria) - Theodore Orji of Abia on Thursday said that the resuscitation of the oil palm industry in the country would boost the nation’s economy.
11-01-2014
Analyst: A Good Year Ahead for Quasi-timber Plantation Entities
11/01/2014 (Borneo Post) - Quasi-timber plantation companies are set to leverage more on its plantations divisions, driven by positive growth in fresh fruit bunch (FFB) production coupled with the improvements in crude palm oil (CPO) in 2014.
11-01-2014
Bernama Launches Weekly Business Bulletin
11/01/2014 (Bernama) - The Malaysian National News Agency (Bernama) Friday launched "Malaysia eBiz", an online weekly business bulletin presented in a newspaper format.
11-01-2014
CPO Futures to be Volatile Next Week
11/01/2014 (The Star) - Cude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be volatile next week on lack of direction.
11-01-2014
Indonesia May Cut Palm Oil Export Tax to Offset India Tariff Rise
11/01/2014 (Reuters) - Indonesia may consider cutting the export tax on refined palm oil to offset an increase in import tariffs by leading buyer India, officials and traders said on Friday.
11-01-2014
Indian Oilseeds, Soyoil Ease on Weak Demand, Global Cues
11/01/2014 (Reuters) - Indian oilseeds and soyoil futures eased on Friday on sluggish demand and ahead of a key demand-supply report due later in the day that is expected to show higher production estimates for oilseeds.
10-01-2014
VEGOILS-Palm Hits 2-month Low, Extends Losses into Sixth Day
10/01/2013 (Reuters) - Malaysian palm oil futures dropped to their lowest in almost two months on Thursday, stretching losses into a sixth straight session, as a round of technical selling pressured prices and a stronger ringgit curbed buying interest.
10-01-2014
Indonesian Palm Oil Firm to Pay Losses in 'Historic' Ruling
10/01/2014 (Global Post) - An Indonesian court has ordered a palm oil company to pay almost $30 million to the state for illegally clearing peatland in a "historic" ruling, lawyers said Thursday.