Archived News

07/03/2014 (Bernama) - Malaysia's total trade in January 2014 rose 9.8 per cent to RM121.59 billion from RM110.72 billion in the same month a year ago, the Ministry of International Trade and Industry (MITI) said.

07/03/2014 (Bloomberg) - Palm oil stockpiles in Malaysia, the world’s biggest grower after Indonesia, probably tumbled last month to the lowest level since September as production declined to a one-year low, a Bloomberg survey showed. Futures climbed to the highest level since 2012.

07/03/2014 (The Star) - Plantations advanced on Thursday, buoyed by the positive outlook for crude palm oil, underpinning the near 10-point gain by the FBM KLCI.

07/03/2014 (Bloomberg) - World food prices rose 2.6 percent in February, the biggest jump in 19 months, as prices for cooking oils, grains, dairy and sugar all rose, the United Nations’ Food & Agriculture Organization said.

07/03/2014 (The Star) - A senior state minister from Sarawak disclosed that Wilmar International Ltd, which kicked up a storm three weeks ago with its new outsourcing policy, has given the assurance that it would continue to procure crude palm oil (CPO) from planters in the state even though the plantations were on peat land.

07/03/2014 (Reuters) - Singapore stocks were headed for their third session of gains on Thursday, led by palm oil companies as a strong rise in the edible oil boosted their shares.

07/03/2014 (The Star) - Plantation stocks were actively traded on Bursa Malaysia yesterday, following the bullish projection by world palm oil experts that crude palm oil (CPO) prices are set to reach the RM3,000-per-tonne level by the second half of this year.

07/03/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

06/03/2014 (Reuters) - Malaysian palm oil futures hit a 17-month high on Wednesday, supported by expectations that the dry weather will hurt Southeast Asian production and as key analysts gave bullish price outlooks at an industry gathering.

06/03/2014 (Reuters) - Malaysian crude palm oil futures could be capped at 3,000 ringgit per tonne by the middle of this year as a recent rally in prices prompts buyers to switch to rival edible oils, a top industry analyst said on Wednesday.

06/03/2014 (Reuters) - Palm oil futures are set to climb for a second year, driven by crop damaging dry weather and Indonesia's higher biodiesel mandate, although bumper global oilseed supplies and weak demand from key consumers could cap gains.

06/03/2014 (PR Week) - Greenpeace has parodied Procter & Gamble's Thank You, Mom ad campaign and festooned the CPG giant's global headquarters in Cincinnati with massive posters accusing its supply chain of deforestation and the death of wildlife.