Archived News
25-11-2013
Select Edible Oils End on A Mixed Note
25/11/2013 (Economic Times) - The wholesale oils market ended on a mixed note during the past week as select edible oils strengthened on vanaspati millers buying amid firming global trend while a few others weakened on adequate supplies.
23-11-2013
VEGOILS-Palm Slips After Rally on Higher Output Forecast
23/11/2013 (Reuters) - Malaysian palm oil futures ended lower on Friday, reversing gains as investors booked profits from prices that soared to more-than-one-year highs, while prospects of higher output from the world's top producer weighed on the market.
23-11-2013
MKH Investment in Palm Oil Bearing Fruit
23/11/2013 (The Star) - The plantation business was never high on MKH Bhd’s corporate agenda until recently. The company, formerly known as Metro Kajang Holdings Bhd, has been built by the property business which it started with over 33 years ago. MKH’s founder and executive chairman Tan Sri Alex Chen sat with several journalists at a recent press visit to the company’s plantations arm located at the interior of east Kalimantan to tell the story behind this foray into the plantations industry.
23-11-2013
Involve NGOs in Sustainable Palm Oil Debate, MPOC Told
23/11/2013 (Borneo Post) - The Malaysian Palm Oil NGO Coalition (MPONGOC) yesterday took to task Malaysian Palm Oil Council (MPOC) chief executive officer Tan Sri Yusof Basiron for stating that the soon-to-be launched Malaysian Sustainable Palm Oil (MSPO) will cater to the international way of developing standards, but “definitely not the non-governmental organisations’ way.â€
23-11-2013
Bunge India Set to Revive Palm Oil Brand Lotus
23/11/2013 (Daily News & Analysis) - Bunge India is resurrecting the Lotus brand of palm oil, 10 years after acquiring it along with the more popular Dalda, from Hindustan Unilever.
23-11-2013
VP Ask Netherlands to Resolve Palm Oil Export Problems
23/11/2013 (ANTARA News) - Indonesian Vice President Boediono has urged Netherlands Prime Minister Mark Rutte to resolve obstacles in Indonesias palm oil exports.
23-11-2013
Copra Prices May Rise on Short Supply
23/11/2013 (Business Recorder) - Coconut oil prices improved on the back of limited copra stocks with farmers.
23-11-2013
Better Outlook for CPO Futures CIMB Research Forecasts an Average CPO Price of RM2,700 Per Tonne in 2014
23/11/2013 (The Star) - Crude palm oil (CPO) three-month futures contract is likely to sustain above the RM2,600 level in the near term, underpinned by fundamentals such as lower CPO and soybean production as well as higher demand, said analysts.
23-11-2013
QL Resources Q2 Earnings up 14.6% to RM42.25M
23/11/2013 (The Star) - QL Resources Bhd’s earnings rose 14.6% to RM42.25mil in the second quarter ended Sept 30, 2013 from RM36.86mil a year ago due to better margins from its fishmeal operations.
23-11-2013
World's Poorest Need Land Rights to Cope with Climate Change
23/11/2013 (Reuters) - We are not all equally affected by climate change.
23-11-2013
Palm Oil Declines as Rally to 14-Month High Seen Eroding Demand
23/11/2013 (Bloomberg) - Palm oil dropped for the first time in three days on concern that a rally to the highest level in 14 months may weaken demand.
22-11-2013
VEGOILS-Palm Jumps to Highest in More Than A Year on Stocks Outlook
22/11/2013 (Reuters) - Malaysian palm oil futures jumped to their highest in more than a year on Thursday after an industry body estimated that stocks in the world's No.2 producer would fall nearly 30 percent this year from the end of 2012 and decline further in 2014.