Archived News
23-11-2013
Copra Prices May Rise on Short Supply
23/11/2013 (Business Recorder) - Coconut oil prices improved on the back of limited copra stocks with farmers.
23-11-2013
Better Outlook for CPO Futures CIMB Research Forecasts an Average CPO Price of RM2,700 Per Tonne in 2014
23/11/2013 (The Star) - Crude palm oil (CPO) three-month futures contract is likely to sustain above the RM2,600 level in the near term, underpinned by fundamentals such as lower CPO and soybean production as well as higher demand, said analysts.
23-11-2013
QL Resources Q2 Earnings up 14.6% to RM42.25M
23/11/2013 (The Star) - QL Resources Bhd’s earnings rose 14.6% to RM42.25mil in the second quarter ended Sept 30, 2013 from RM36.86mil a year ago due to better margins from its fishmeal operations.
23-11-2013
World's Poorest Need Land Rights to Cope with Climate Change
23/11/2013 (Reuters) - We are not all equally affected by climate change.
23-11-2013
Palm Oil Declines as Rally to 14-Month High Seen Eroding Demand
23/11/2013 (Bloomberg) - Palm oil dropped for the first time in three days on concern that a rally to the highest level in 14 months may weaken demand.
22-11-2013
VEGOILS-Palm Jumps to Highest in More Than A Year on Stocks Outlook
22/11/2013 (Reuters) - Malaysian palm oil futures jumped to their highest in more than a year on Thursday after an industry body estimated that stocks in the world's No.2 producer would fall nearly 30 percent this year from the end of 2012 and decline further in 2014.
22-11-2013
Report: Illegally Produced Palm Oil is Financed By European Banks
22/11/2013 (EurActiv) - Biofuels giants Bumitama and Wilmar have knowingly traded illegally-extracted palm oil from plantations that encroach on and threaten orangutan habitats, says a report released today (21 November). European banks are amongst the firms' biggest investors.
22-11-2013
Palm Climbs to 14-Month High on Speculation Production Will Drop
22/11/2013 (Bloomberg) - Palm oil advanced to the highest level in more than a year on expectation that output may decline this month in Indonesia and Malaysia, the world’s top suppliers.
22-11-2013
Indonesia May Raise Palm Export Tax to 14-Month High on Rally
22/11/2013 (Bloomberg) - Indonesia may increase the export tax on crude palm oil to the highest level in 14 months after prices entered a bull market on concern that output in the world’s largest producer may trail estimates. Futures jumped.
22-11-2013
Big Impact from Biodiesel Seen
22/11/2013 (The Star) - The nationwide implementation of the B5 biodiesel programme by July next year will help to stabilise crude palm oil (CPO) prices and significantly reduce the domestic palm oil stocks to below one million tonnes, says a official from the Malaysian Palm Oil Board (MPOB).
22-11-2013
Guv Open to Foreign Investors in Agusan Del Sur
22/11/2013 (Sun.Star) - Governor Adolph Edward Plaza said his administration is open to foreign investors provided they will also protect the environment and the interest of the Agusanons and not only their own interests.
22-11-2013
India's Rapeseed Output to Rise, May Curb Palm Oil Imports From M'sia
22/11/2013 (The Star) - India could produce up to 13 percent more rapeseed oil in 2014 as farmers take advantage of monsoon-soaked land to grow the more lucrative crop, traders said, which would help curb imports and its trade deficit.