Archived News

28/12/2013 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is looking for more asset acquisition to improve its profitability, said Group President and Chief Executive Officer Mohd Emir Mavani Abdullah.

28/12/2013 (Bernama) - Sirim Bhd, following its success in producing the world's first bio natural gas (BioNG), is seeking foreign and local strategic partners to help it commercialise the output.

27/12/2013 (Reuters) - Malaysian palm oil futures ticked lower on Thursday, moving away from a near 2-week high reached earlier this week, after initial data showed exports from the world's second-largest producer dropped more than 7 percent so far this month.

27/12/2013 (Bloomberg) - Palm oil declined to snap four days of gains after data showed exports fell from Malaysia, the world’s second-largest producer.

27/12/2013 (Jakarta Post) - Indonesia’s crude palm oil (CPO) production is expected to reach 29.5 million tons in 2014, up slightly from the previous year.

27/12/2013 (Domestic Fuel) - Finnish renewable diesel producer Neste Oil has certified 100 percent of the palm oil used as the feedstock in its green fuel production process as sustainably produced. This company news release says the company was able to achieve that goal two years earlier than expected.

27/12/2013 (Business Standard) - Following are the opening prices of oilseeds, cakes, raw oils and refined oils here today.

27/12/2013 (Hindu Business Line) - Activities in the edible oils market were at a standstill despite prices dropping for the second consecutive day on Thursday. In markets abroad, Malaysian palm oil futures ended mixed amidst with thin volatility on reports of lower palm oil exports this month.

26/12/2013 (Reuters) - Malaysian palm oil futures rose to their highest in nearly two weeks on Tuesday, shrugging off declines in competing soyoil markets, as supply concerns following monsoon floods and a weak ringgit supported prices of the tropical oil.

26/12/2013 (Hindu Business Line) - Lack of demand forced local refineries to lower palm oil rates by Rs 2-4 for 10 kg on Wednesday in the edible oils market. The Bombay Commodity Exchange was closed for Christmas.

26/12/2013 (Business Recorder) - Following are London vegetable oil prices (1200 GMT).

26/12/2013 (THISDAY Live) - The nine-month financial performance of Okomu Oil Palm Plc, which was impacted by high operating and financing costs may indicate poor harvest at the end of the year, writes Goddy Egene