Archived News

27/09/2013 (Bloomberg) - Palm oil declined to the lowest level in more than six weeks as a fall in crude prices reduced the appeal of vegetable oils as biofuel feedstock and the pace of exports slowed from Malaysia, the second-biggest producer.

27/09/2013 (Hindu Business Line) - The share of soyabean and sunflower oils, or soft oils, in the country’s vegetable oils import could increase to over two million tonnes (mt) next season starting November with shipments of palm group of oils remaining unchanged, according to a section of the edible oil industry.

26/09/2013 (Reuters) - Malaysian palm oil futures ended lower on Wednesday, reversing from gains made in the morning session as investors turned cautious over rising palm output in the world's No.2 producer.

26/09/2013 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

26/09/2013 (Reuters) - Exports of Malaysian palm oil products for Sept. 1-25 rose 6.4 percent to 1,213,583 tonnes from 1,140,460 tonnes shipped during Aug. 1-25, cargo surveyor Societe Generale de Surveillance said on Wednesday.

26/09/2013 (Bernama) - The Malaysian Biotechnology Corporation (BiotechCorp) has awarded "BioNexus" status to Verdezyne, Inc with the privately-held industrial biotechnology company focused on producing renewable chemicals to make a significant investment in the planned set up of local biochemical production facility.

26/09/2013 (4-Trader) - Company Exceeds Goal of Purchasing Certified Sustainable Palm Oil by 2015 and Launches New Responsible Sourcing Principles

26/09/2013 (SmallCap Network) - New Colombia Resources, Inc. (OTCQB: NEWC) (New Colombia or the Company) announces they will import 2000 hybrid African oil palm supergene seeds from Malaysia and plant them at a palm plantation in Bolivar, Colombia from October 5-24. New Colombias corporate objective is to exploit fossil and renewable resources in Colombia such as metallurgical coal, palm oil, and organic coffee. Colombia is the 4th largest exporter of coal in the world, the 5th largest producer of palm oil, and the 4th largest producer of coffee.

26/09/2013 (Hindu Business Line) - The edible oils market turned weak on Thursday, tracking bearish futures market. A clear weather in Madhya Pradesh, Gujarat and Maharashtra also increased hopes of timely arrivals of kharif oilseeds cropin the market.

25/09/2013 (Reuters) - Malaysian palm oil futures reversed early gains to end down on Tuesday amid forecasts that competing oilseed supplies would soon flood the market, although a weak ringgit checked losses.

25/09/2013 (Afrique en Ligue) - Oil palm supply Nigeria - RSPO builds capacity among stakeholders - The Roundtable on Sustainable Palm Oil (RSPO), Africa Roadshow in Nigeria, a two-day event,was an awareness raising and capacity building programme which was implemented by an alliance of partners, viz: Solidaridad West Africa and Proforest Initiative (UK) and the support was provided by RSPO-Nigeria National Interpretation Initiative.

25/09/2013 (Business Recorder) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.