Archived News
22-11-2013
Report: Illegally Produced Palm Oil is Financed By European Banks
22/11/2013 (EurActiv) - Biofuels giants Bumitama and Wilmar have knowingly traded illegally-extracted palm oil from plantations that encroach on and threaten orangutan habitats, says a report released today (21 November). European banks are amongst the firms' biggest investors.
22-11-2013
Palm Climbs to 14-Month High on Speculation Production Will Drop
22/11/2013 (Bloomberg) - Palm oil advanced to the highest level in more than a year on expectation that output may decline this month in Indonesia and Malaysia, the world’s top suppliers.
22-11-2013
Indonesia May Raise Palm Export Tax to 14-Month High on Rally
22/11/2013 (Bloomberg) - Indonesia may increase the export tax on crude palm oil to the highest level in 14 months after prices entered a bull market on concern that output in the world’s largest producer may trail estimates. Futures jumped.
22-11-2013
Big Impact from Biodiesel Seen
22/11/2013 (The Star) - The nationwide implementation of the B5 biodiesel programme by July next year will help to stabilise crude palm oil (CPO) prices and significantly reduce the domestic palm oil stocks to below one million tonnes, says a official from the Malaysian Palm Oil Board (MPOB).
22-11-2013
Guv Open to Foreign Investors in Agusan Del Sur
22/11/2013 (Sun.Star) - Governor Adolph Edward Plaza said his administration is open to foreign investors provided they will also protect the environment and the interest of the Agusanons and not only their own interests.
22-11-2013
India's Rapeseed Output to Rise, May Curb Palm Oil Imports From M'sia
22/11/2013 (The Star) - India could produce up to 13 percent more rapeseed oil in 2014 as farmers take advantage of monsoon-soaked land to grow the more lucrative crop, traders said, which would help curb imports and its trade deficit.
22-11-2013
High-yield Seeds Allow Expansion without Deforestation
22/11/2013 (Jakarta Post) - Indonesia’s ambition to increase its crude palm oil (CPO) production from the current 27 million tons to 40 million tons by 2020 has raised concerns among international environmental NGOs that this would destroy more forests and, consequently, biodiversity and wildlife.
22-11-2013
Morning Markets: Palm Takes Limelight, Hitting One-Year High
22/11/2013 (AgriMoney.com) - There is action going on in agricultural commodity markets.
22-11-2013
Rotterdam Vegetable Oil Prices
22/11/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1700 GMT.
22-11-2013
Edible Oils Recover on Millers Buying, Global Cues
22/11/2013 (Economic Times) - Edible oil prices recovered up to Rs 200 per quintal on the wholesale oils and oilseeds market today on fresh millers buying for the ongoing marriage season amid a firm global trend.
21-11-2013
VEGOILS-Palm Oil Rises on Bargain Hunting, Export Demand Seen Steady
21/11/2013 (Reuters) - Malaysian palm oil futures ended higher on Wednesday, reversing losses in the morning session after the tropical oil's losing streak stoked buying interest, although prices were locked in rangebound trade.
21-11-2013
Asian Currency May Be Used As Trading Currency For Palm Oil
21/11/2013 (Bernama) - An Asian currency may be used as a trading currency for palm oil.