Archived News
11-01-2014
Bernama Launches Weekly Business Bulletin
11/01/2014 (Bernama) - The Malaysian National News Agency (Bernama) Friday launched "Malaysia eBiz", an online weekly business bulletin presented in a newspaper format.
11-01-2014
CPO Futures to be Volatile Next Week
11/01/2014 (The Star) - Cude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be volatile next week on lack of direction.
11-01-2014
Indonesia May Cut Palm Oil Export Tax to Offset India Tariff Rise
11/01/2014 (Reuters) - Indonesia may consider cutting the export tax on refined palm oil to offset an increase in import tariffs by leading buyer India, officials and traders said on Friday.
11-01-2014
Indian Oilseeds, Soyoil Ease on Weak Demand, Global Cues
11/01/2014 (Reuters) - Indian oilseeds and soyoil futures eased on Friday on sluggish demand and ahead of a key demand-supply report due later in the day that is expected to show higher production estimates for oilseeds.
10-01-2014
VEGOILS-Palm Hits 2-month Low, Extends Losses into Sixth Day
10/01/2013 (Reuters) - Malaysian palm oil futures dropped to their lowest in almost two months on Thursday, stretching losses into a sixth straight session, as a round of technical selling pressured prices and a stronger ringgit curbed buying interest.
10-01-2014
Indonesian Palm Oil Firm to Pay Losses in 'Historic' Ruling
10/01/2014 (Global Post) - An Indonesian court has ordered a palm oil company to pay almost $30 million to the state for illegally clearing peatland in a "historic" ruling, lawyers said Thursday.
10-01-2014
UPDATE 1-India ups Refined Palm Oil Import Tax to Shield Local Producers
10/01/2014 (Reuters) - India increased import duties on refined edible oils, including palm oil, to 10 percent from 7.5 percent to protect local oilseed growers and refiners against cheaper supplies from major exporters.
10-01-2014
Import Duty Hike Supports Edible Oils Market
10/01/2014 (Hindu Business Line) - Edible oil prices ruled steady on Thursday despite higher arrivals as the Government decided to increase the Customs duty on refined edible oils by 2.5 per cent.
10-01-2014
Better Forecast for CPO Firms This Year
10/01/2014 (Jakarta Post) - Local firms and analysts are upbeat that crude palm oil (CPO) prices will gradually gain a foothold this year after a drop last year dragged down producers’ profits.
10-01-2014
India Soybeans Drop on Weak Demand; Soyoil, Rapeseed Steady
10/01/2014 (Reuters) - Indian soybean futures fell on Thursday on weak exports demand for soymeal, while soyoil and rapeseed were steady amid expectation the government would raise import duty on refined palm oil to protect local refiners from cheaper overseas supplies.
10-01-2014
Bintulu Port Expects Positive Growth from Port Expansion
10/01/2014 (PortNews IAA) - Bintulu Port Holdings Bhd (Bintulu Port) is poised to see growth via liquefied natural gas (LNG) as its major cargo handled for the total cargo throughput in 2013 and 2014, the company said in its press release.
10-01-2014
Rotterdam Vegetable Oil Prices
10/01/2014 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1700 GMT.