Archived News

10/02/2014 (Bernama) - Palm oil stocks fell 2.63 per cent to 1.93 million tonnes last month from 1.99 million tonnes in December 2013, the Malaysian Palm Oil Board (MPOB) said Monday.

10/02/2014 (Bernama) - The government will continue to assist the palm oil industry in removing the obstacles faced in penetrating new markets while focusing on the importance of environmental sustainability within the plantation sector.

07/02/2014 (Reuters) - Malaysian palm oil futures ended higher on Thursday on prospects of seasonally lower output of the tropical oil as well as a dry spell in soy-growing Brazil that would potentially squeeze global edible oil supplies.

07/02/2014 (The Star) - Plantation stocks advanced on Thursday, with Kuala Lumpur Kepong (KLK) and PPB Group Bhd among the gainers as crude palm oil (CPO) prices rose for the second day.

07/02/2014 (AllAfrica.com) - The population of the world according to the World Bank is expected to hit a record 10 billion people by the end of 2020. This means that there will be an unprecedented demand for food across the globe due to an anticipated rise in the price of basic edibles.

07/02/2014 (Hindu Business Line) - Extended gain in the futures market kept the sentiment positive in the edible oils market on Thursday, despite lower volumes. Local refineries increased their rates for palmolein by ₹4-5 for 10 kg, tracking firm Malaysian palm oil futures.

07/02/2014 (BusinessDay) - Listed oil palm companies operating in Nigeria have had their profits crimped as a result of international price volatility, mounting operational expenses and surging interest on borrowing, as revealed by their third quarter 2013 reports.

07/02/2014 (Mizo News) - Officials of Godrej Agrovet Company, being engaged for the Oil Palm Mill construction, informed Mizoram Parliamentary secretary K. Lalrinthanga, who visited the work site today, that they have been working vigorously on a daily-basis, adding, the construction will be completed within short time from now.

07/02/2014 (Bloomberg) - Palm oil advanced to the highest level in two weeks on speculation that dry weather in Brazil may reduce soybean output in the world’s biggest exporter, trimming global vegetable oil supplies.

07/02/2014 (Bernama) - Rubber and oil palm smallholders are encouraged to plant cash crops to raise their income and at the same time ease the burden caused by the rising cost of living, said Rural and Regional Development Minister Datuk Seri Mohd Shafie Apdal.

07/02/2014 (Natural Products Insider) - Red palm oil is a unique nutritious vegetable oil derived from the fruits of the palm tree (Elaeis guineensis). It is the only oil in nature that provides a bouquet of antioxidants and phytonutrients such as tocotrienols/tocopherol (vitamin E), mixed-carotenes with high level of alpha-carotene (pro-vitamin A), plant squalene, phytosterol complex and coenzyme Q10 (CoQ10). No other vegetable oil has such unique natural combination of phytonutrients.

06/02/2014 (Reuters) - Malaysian palm oil futures ended higher on Wednesday as investors short-covered positions following some speculative selling in the previous session, but a stronger ringgit curbed gains and kept prices locked in range-bound trade.