Archived News

01/01/2014 (Hindu Business Line) - A negative trend was witnessed in edible oils on Tuesday. Rebound in Malaysian palm oil futures lifted sentiment in palmolein and soya oil in domestic market late evening leading to a higher volume.

01/01/2014 (Business Recorder) - The Karachi Port handled 256,652 tonnes of cargo comprising 180,735 tonnes of import cargo and 75,917 tonnes of export cargo including 7,834 loaded and empty containers during the last 48 hours ended at 0700 hours on Monday.

31/12/2013 (Reuters) - Malaysian palm oil futures ended nearly flat on Monday, reversing some gains made earlier on last-minute selling towards the session's close, although fears of more monsoon floods supported prices.

31/12/2013 (StockMarketWire.com) - DekelOil has given a positive update on its operations including excellent progress towards final commissioning of its 60 t/hr crude palm oil extraction mill by Modipalm Engineering.

31/12/2013 (Reuters) - Malaysian palm oil firm Boustead Plantations Bhd will offer 580 million new shares to investors, the firm said on Monday, as it looks to tap a domestic initial public offering (IPO) market that is expected to be vibrant next year.

31/12/2013 (The Star) - For those in the palm oil sector, 2013 will be best remembered for the successful implementation of Malaysia’s revised crude palm oil (CPO) export duty and the abolition of the duty-free CPO export quota.

31/12/2013 (Bernama) - The demand for crude palm oil (CPO) is expected to be resilient next year with the help from the biodiesel sector following the government's biodiesel five per cent blend (B5) programme, with price to average RM2,600 a tonne.

31/12/2013 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

31/12/2013 (Reuters) - Indian oilseeds and soyoil futures edged up on Monday on a weaker rupee, gains in overseas edible oil prices and concerns that a sharp drop in temperature in the northern part of the country could damage rapeseed crop.

31/12/2013 (Bloomberg) - Palm oil headed for the first annual advance in three years as demand increases for the vegetable oil used in everything from noodles to biofuel amid a drop in production in Indonesia, the world’s biggest supplier.

30/12/2013 (Borneo Post) - The US Dow Jones markets made new high on Friday after it ascended above 16,500 levels. The 10-year Treasury bond yield surged to three per cent for the first time this year and triggered movement of funds from fixed-income assets to equities.

30/12/2013 (Borneo Post) - While crude palm oil (CPO) prices are expected to be buoyant going into 2014, the price rally is likely to cool following the first quarter of 2014 (1Q14) as the oilseed industry is expected to be well supplied.