Archived News

06/02/2014 (Bernama) - RHB Research has maintained a "positive" on the plantation sector due to higher palm oil prices and cheaper fertilizers.

06/02/2014 (Hindu Business Line) - Firm Malaysian palm oil futures lifted imported palmolein and soyabean refined oil by ₹1 and ₹3/10 kg each in Mumbai on Wednesday. All other edible oils ruled steady on lack of demand. The volume was thin and isolated in resale as local refineries rates were higher. Morale was slightly positive tracking a rebound in futures markets, said an observer.

06/02/2014 (Solomon Star) - Ministry of agriculture and livestock (MALS) through its palm oil department will continue offer budgeting and book-keeping training to all its out grower members in Guadalcanal Plains and Vangunu in Western province this year.

06/02/2014 (Bloomberg) - Palm oil gained on speculation that demand for the tropical oil used in food to fuels may improve as dry weather hurt soybean output prospects in South America.

06/02/2014 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

06/02/2014 (Reuters) - Malaysian palm oil stocks in January are expected to fall for the first time since June thanks to seasonally lower output, but sluggish demand for the tropical oil means inventories are likely to be only slightly lower.

05/02/2014 (Bloomberg) - Palm oil fell on speculation that a decline in exports from Malaysia, the world’s second-largest producer, may expand stockpiles of the tropical oil used in everything from noodles to detergents.

05/02/2014 (Bernama) - Kenanga Research has maintained its "outperform" call for Sime Darby as it believed that the year-to-date six per cent decline in its share price to below RM9.00 has presented investors with an opportunity to accumulate Sime Darby at attractive valuation levels.

05/02/2014 (Daily Express) - Science, Technology and Innovation Minister Datuk Dr Ewon Ebin recently paid a working visit to the Natural Biogas (BioNG) plant in Carey Island, Selangor.

05/02/2014 (Business Recorder) - Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

05/02/2014 (Business Standard) - Prices of select edible oils fell up to Rs 50 per quintal on the wholesale oils and oilseeds market today as stocksits trimmed positions amid a weak trend overseas.

04/02/2014 (Reuters) - Malaysian palm oil futures ended lower on Tuesday, snapping two days of gains, after weaker-than-expected exports in January fuelled concerns that stockpiles in the world's second-largest producer will continue to climb.