Archived News

21/11/2013 (Bernama) - Malaysia is keen on having Commonwealth of Independent States (CIS) countries as its new free trade agreement (FTA) partners.

21/11/2013 (Bernama) - Malaysia maintains its stance on keeping the export duty structure for palm oil and palm oil products under the Trans-Pacific Partnership Agreement (TPPA) negotiations, said Ministry of International Trade and Industry (MITI) officials.

21/11/2013 (Bloomberg) - Palm oil advanced for the first time in three days on speculation that exports from Malaysia may rebound amid forecasts for rains that may hamper harvests.

21/11/2013 (Reuters) - Dwindling supplies of coconut oil after a typhoon ravaged top exporter the Philippines could drive buyers to seek alternatives, but price gains in palm-based substitutes will be limited, traders and industry officials said.

21/11/2013 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

21/11/2013 (Associated Press) - Activists are planning a rally at Kellogg Co. headquarters in Battle Creek to urge the cereal giant to stop using palm oil in its products.

21/11/2013 (Independent European Daily Express) - Thousands of small farming families in Pará, in the Amazon jungle in northeast Brazil, have turned to the African oil palm as a new source of income, through contracts with biofuel companies. Strange bedfellows, which poses cultural and economic challenges.

21/11/2013 (Business Recorder) - The Economic Co-ordination Committee (ECC) of the Cabinet will Thursday decide fixation of quantity and consumption time of inputs, including palm oil used in the production of ghee to be exported to Afghanistan under the Duty and Tax Remission for Export (DTRE) scheme.

20/11/2013 (Reuters) - Malaysian palm oil futures edged down to their lowest in a week on Tuesday as investors chose to avoid risky bets ahead of industry reports on export demand at the world's second-largest producer.

20/11/2013 (Bloomberg) - Global production of sunflower seeds may be larger than estimated a month ago and rapeseed output will reach a high as prospects improved for crops from Canada to Russia, Oil World said. Palm oil supplies will also climb.

20/11/2013 (Business Recorder) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

20/11/2013 (Business Standard) - As the Centre mulls a proposal to increase the import duty on refined edible oil from the current 7.5 per cent to 10 per cent to protect the domestic industry, the ministry of agriculture has favoured a graded import duty structure to align landed cost – the end cost of a shipped item – with international prices.