Archived News

30/12/2013 (Hindu Business Line) - Edible oil prices ruled unchanged on Monday on slack physical demand amid bearish futures markets. Expectation of higher arrivals of indigenous oilseeds in producing centres and hopes of higher palm oil inventory in Malaysia could add more pressure on the market.

30/12/2013 (Business Standard) - Select edible oil prices rose by Rs 50 per quintal on the wholesale oils and oilseeds market today on fresh buying by vanaspati millers and retailers amid a firm global trend.

30/12/2013 (Hindu BusinessLine) - Soya oil ruled flat on slack buying and weak global cues.

29/12/2013 (Business Standard) - Edible oils extended gains on the wholesale oils and oilseeds market during the week under review following sustained buying by vanaspati millers and retailers amid a firming global trend.

29/12/2013 (Hindu Business Line) - Indonesia and Malaysia, the world’s top producers of palm oil, increased the mandatory amount of the palm oil that needs to be blended in biodiesel this year. This has taken the crude palm oil price higher.

29/12/2013 (Borneo Post) - Sarawak Oil Palms Bhd (Sarawak Oil Palms) is among the Malaysian top picks for RHB Research Institute Sdn Bhd (RHB Research) in its Plantation Strategy 2014 report.

29/12/2013 (Hindu Business Line) - Malaysian palm oil futures on BMD ended higher Friday, hitting a two-week high before ending little changed on Friday on thin volumes ahead of year-end holidays. Palm oil production in Malaysia might be hampered as a second wave of flood may hit the palm producing areas in Malaysia.

29/12/2013 (Borneo Post) - Bintulu Port Holdings Bhd (Bintulu Port) is poised to see growth via liquefied natural gas (LNG) as its major cargo handled for the total cargo throughput in 2013 and 2014.

29/12/2013 (Business Recorder) - A cargo volume of 70,701 tonnes comprising 25,508 tonnes of import cargo and 45,193 tonnes of export cargo inclusive 2,623 loaded and empty containers (TEUs) was handled at Port Qasim during the last 24 hours on Saturday.

28/12/2013 (Reuters) - Malaysian palm oil futures recouped early losses to hit a two-week high before ending little changed on Friday as thin volumes ahead of year-end holidays exaggerated movements.

28/12/2013 (Jakarta Globe) - Indonesian stocks advanced on Friday, led by agriculture companies as palm oil prices rose to their highest level in two weeks.

28/12/2013 (Zambian Watchdog) - While his Minister of Lands Harry Kalaba is telling chiefs not to sell more than 250 hectares of Land, President Michael Sata has acquired 30000 hectares of Land in Mpika.