Archived News

14/11/2013 (Reuters) - Malaysian palm oil futures rose to a near two-week high on Wednesday on prospects that a deadly typhoon in the Philippines would damage crops and halt exports of competing coconut oil, channelling demand to palm oil-based alternatives.

14/11/2013 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) continues its foray into the development of innovative products with the extraction of palm-based vitamin E (also known as tocotrienol) through a joint venture with Lipid Venture Sdn Bhd.

14/11/2013 (Bloomberg) - Palm imports by India, the world’s largest consumer, probably climbed in October as a delay in the oilseed harvest reduced cooking oil stockpiles to the lowest level in nine months.

14/11/2013 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

14/11/2013 (Jakarta Post) - The Amanah Oil Palm Independent Smallholders Association grouping 350 farmers with about 765 hectares of plantations at Pelalawan, Riau province, has just proven that it was not impossible at all to get sustainability certificates as long as the farmers are highly disciplined in implementing best farm practices.

14/11/2013 (Inter Press Service) - The green of the oil palm plantations is unbroken along kilometre after kilometre of red soil, devastated in the past by loggers and ranchers. The oil palm, a sign of alarm for some and of hope for others, is here to stay in the Amazon rainforest state of Pará in the extreme north of this country.

14/11/2013 (AgriMoney.com) - The palm oil rally faces a headwind from the prospect of slower Indian demand, Standard Chartered said, even as the vegetable oil saw its gains overshadowed by huge headway in palm kernel oil, a knock-on effect of the Philippines disaster.

14/11/2013 (The Star) - The Sarawak State Financial Secretary has emerged as a substantial shareholder in Sarawak Oil Palms Bhd with 29.81 million shares or 6.8%.

14/11/2013 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

14/11/2013 (Jakarta Globe) - Palm oil exports from Indonesia, the world’s biggest producer of the edible oil, will reach a higher-than-forecast 18.5-19 million tons this year despite output dropping below a previous target, an official of a top industry association said on Wednesday.

14/11/2013 (Jakarta Post) - Medan this week is hosting the 11th meeting of Roundtable on Sustainable Palm Oil (RSPO). The world is curious about the outcome of the event and the decisions to be made by over 600 delegates discussing the current affairs of oil palm growers and industries.

14/11/2013 (Reuters) - Palm oil prices <0#FCPO:> could climb as high as 2,800 ringgit ($872) per tonne in the next six months, leading industry analyst Dorab Mistry said on Thursday, but gains will hinge on output in top producer Indonesia and the success of its biodiesel mandate.