Archived News

26/02/2014 (Bloomberg) - Palm oil held near 17-month highs on speculation inventories in Malaysia may decline for a second month as output drops in the largest producer after Indonesia.

26/02/2014 (Business Recorder) - Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan Tuesday informed the House that the government was taking concrete steps to decrease dependence on imported wheat and palm oil.

26/02/2014 (The Star) - Plantation and palm oil equipment specialist, CB Industrial Product Holding Bhd saw its earnings for the fourth quarter ended Dec 31, 2013 surge 57.6% year-on-year to RM38.7mil from RM24.5mil.

26/02/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday on profit-taking as prices rose above a 17-month high, while a stronger ringgit further put pressure on prices. Support came from stronger energy markets, which signalled that more of the crude palm oil (CPO) could be snapped up for bio-fuel use. . the edible oil complex.

26/02/2014 (The Star) - The Malaysian Palm Oil Association (MPOA), which represents the private plantation companies, will decide at its council and exco meeting this Friday whether to quit the Roundtable on Sustainable Palm Oil (RSPO) grouping.

26/02/2014 (Borneo Post) - Ta Ann Holdings Bhd’s (Ta Ann) medium term prospects will continue to be driven by its plantation division amid better crude palm oil (CPO) prices while its timber operations is expected to remain subdued.

26/02/2014 (Business Standard) - Palmolein oil prices moved up by Rs 50 per quintal on the wholesale oils and oilseeds market today on pick up in seasonal demand amid a firming global trend.

26/02/2014 (GhanaWeb) - Yara Ghana Limited, a leading mineral fertilizer company in Ghana, in collaboration with the Ministry of Food and Agriculture (MoFA), has embarked on an oil palm training programme for farmers.

25/02/2014 (Reuters) - Malaysian palm oil futures ended lower for the first time in four days on Monday, as investors took profits from a winning streak that had lifted benchmark prices above a 17-month high, while a stronger ringgit in late trade curbed some buying interest.

25/02/2014 (Alliance News) - Equatorial Palm Oil PLC said Monday it is targeting a planting target of 5,000 hectares in 2014 from its two estates.

25/02/2014 (Proactive Investors UK) - Palm oil producer DekelOil (LON:DKL) said it has raised £700,000 via a share placing, anchored by Nubuke, a high profile Africa-focused fund.

25/02/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.