Archived News
20-02-2014
KLK Shares Fall On Overbought Correction
20/02/2014 (Bernama) - Kuala Lumpur Kepong Bhd's (KLK) share prices fell in early trade today on an overbought correction after posting favourable first quarter (Q1) results.
20-02-2014
DekelOil Closer to Creating A Major West African Palm Oil Company
20/02/2014 (Proactive Investors USA & Canada) - DekelOil (LON:DKL) has moved a step closer to becoming a major West African palm oil company with the start of commercial production from the crude palm oil (CPO) extraction mill in the Ivory Coast.
20-02-2014
Indonesian Government Mulls Setting Up New Special Economic Zones
20/02/2014 (Bernama) - Coordinating Minister for Economic Affairs Hatta Radjasa said the Indonesian government is currently considering to set up three new special economic zones.
20-02-2014
CPO Plantation Credit Profiles To Withstand Lower Prices -- Fitch
20/02/2014 (Bernama) - The credit profiles of crude palm oil (CPO) companies are likely to remain resilient against lower CPO prices, says Fitch Ratings in its report, 'Asian Crude Palm Oil - Credit Profiles Stable Despite Lower Prices and Operating Profit'.
20-02-2014
Rising CPO Prices Boost Plantation Shares
20/02/2014 (The Star) - Shares in plantation companies, led by IOI Corp Bhd, surged to their highest in weeks on rising crude palm oil (CPO) futures prices.
20-02-2014
Rotterdam Vegetable Oil Prices
20/02/2014 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.
20-02-2014
Groundnut Oil Drops on Higher Arrivals, Palmolein Firms Up
20/02/2014 (Business Standard) - The edible oils witnessed a mixed trend at the oils and oilseeds wholesale market here today, as prices of groundnut oil dropped due to reduced stockists offtake as well as lower domestic demand.
20-02-2014
Select Edible Oils Strengthen on Millers Buying
20/02/2014 (Business Standard) - Select edible oil prices strengthened up to Rs 100 per quintal at the oils and oilseeds market today on the back of sustained buying by vanaspati millers amid a firming global trend.
19-02-2014
VEGOILS-Palm Oil Hits 1-1/2 Yr High as Exports Rise in Feb
19/02/2014 (Reuters) - Malaysian palm oil futures rose for a fifth straight session on Tuesday, touching a one-and-a-half-year high due to firmer comparative oils and expectations of rising demand, coupled with falling exports.
19-02-2014
UPDATE - DekelOil Starts Production From Crude Palm Oil Mill in Ivory Coast
19/02/2014 (Proactive Investors UK) - Shares in DekelOil (LON:DKL) rose 15% after it said commercial production from its 60 tonne an hour capacity crude palm oil (CPO) extraction mill in the Ivory Coast started ahead of schedule on February 11.
19-02-2014
Interim Budget Day Two: Promotional Offers on Soaps to Rise
19/02/2014 (Business Standard) - Besides consumer durables, cars and mobile phones, duties on which have been cut in interim Budget 2014-15, the finance minister also cut Customs duty on non-edible industrial oil and its fractions, fatty acids and fatty alcohol, to 7.5 per cent.
19-02-2014
Cargills West Kalimantan Plantation Receives RSPO Certification
19/02/2014 (EIN News) - Cargill today announced that its oil palm plantation in West Kalimantan, PT Harapan Sawit Lestari, has received the Roundtable on Sustainable Palm Oil (RSPO) certification, covering all of PT Harapan Sawit Lestaris operations Manis Mata and Paku Juang mills, inti (company-owned) and KKPA (Koperasi Kredit Primer Anggota, cooperative credit scheme - smallholder) estates.