Archived News

04/02/2014 (Business Times) - Malaysian Palm Oil Association (MPOA) chief executive Datuk Dr Makhdzir Mardan says palm oil is the most popular cooking oil consumed around the world. The bigger the industry grows, the easier it becomes a target of immoral smear campaigns.

04/02/2014 (Hindu Business Line) - The edible oils market witnessed dull trading on Monday on lack of physical demand and absence of any cues from the foreign market. The Malaysian markets were closed for the Chinese New Year. Prices for the most oils were unchanged. Cotton and palmolein declined by ₹1 for 10 kg each on higher resale pressure. Volumes remained very thin and isolated.

04/02/2014 (Palm Oil Health) - Move over Thai food! The next big trend among America’s foodies may be Malaysian cuisine. In her feature article, Malaysian: The next big flavor trend?, Food Navigator USA Senior Correspondent Maggie Hennessy writes that a survey of 1,200 chefs listed Malaysian cuisine among the top three trending flavors for 2014.

04/02/2014 (Business Standard) - Crude palm oil prices up by 0.35% to Rs 540.20 per 10 kg in futures trading after participants created speculative positions following rising demand in the spot markets.

04/02/2014 (Hindu Business Line) - Groundnut and palmolein prices increased by ₹10 and ₹2 for 10 kg each on Tuesday, tracking a rise in the Saurashtra market. Local refineries also increased the rates for imported oils by ₹3/10 kg. In Rajkot, groundnut oil gained ₹30 on higher demand. Higher arrivals of new crops in producing areas pulled down rapeseed oil by ₹12, soyabean refined oil by ₹5 and cotton oil by ₹1. Sunflower oil ruled steady.

03/02/2014 (Borneo Post) - Malaysian palm oil futures ended in a positive state for the second consecutive day on Thursday, the last business trading day for the week as traders short-covered ahead of a long weekend holiday as well as in view of a favourable ringgit currency.

03/02/2014 (AllAfrica.com) - The Malaysian oil palm company Sime Darby Plantation Liberia Incorporated or SDPL, looks forward to harvesting its first crude palm oil here by September, 2015.

03/02/2014 (Bernama) - Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is expected to see subdued trading with prices capped between RM2,400 and RM2,600 per tonne next week, dealers said.

03/02/2014 (Bernama) - Malaysian palm oil continues to enjoy encouraging demand in traditional markets, driven by several factors such as perchasing power of consumer countries.

03/02/2014 (Thomson Reuters Foundation) - Production of commodities certified with leading sustainability initiatives - including cotton, palm oil, cocoa, bananas and wood - is galloping ahead, but the poorest communities may not be benefiting, a new report from international researchers said on Friday.

03/02/2014 (Malay Mail) - What kind of men would cut down these ancient irreplaceable giants trees? Each of them was over one thousand years old. Over a period of a few decades around 1850, 95 per cent of the two million acres of Redwood forest in California were cut and destroyed.

03/02/2014 (Sun.star) - Last Jan. 18, 2014 was a momentous day for Delima Oil Products Sdn Bhd, a Malaysian subsidiary under the Felda Global Ventures Holdings Berhad (FGV) and the local Intisaru Mulia International, Inc. (IMI) as they signed a distribution agreement for Saji Cooking Oil and other products. This also marked as the official date of entry of the Saji Cooking Oil, premium palm oil-based cooking oil, into the Philippine market.