Archived News
13-09-2013
CB Industrial Products Wins RM50.3Mil Contract, HLIB Research Maintains Buy
13/09/2013 (The Star) - HongLeong Investment Bank Research today reaffirmed its Buy call on palm oil specialist CB Industrial Product Holdings Bhd following the company’s success in securing a job in Indonesia worth RM50.3mil.
13-09-2013
Mistry Sees Palm Weakening as Prices Set for Worst Run Since ’96
13/09/2013 (Bloomberg) - Palm oil may extend a decline as supply of the most used cooking oil from Indonesia and Malaysia climbs and biodiesel demand peaks, said Dorab Mistry, director at Godrej International Ltd., signaling a third year of losses.
13-09-2013
Plantation Owners See Palm Oil Importation As Threat To Economy
13/09/2013 (BusinessDay) - Plantation Owners Forum of Nigeria (POFON) has decried current mass importation of crude palm oil (CPO) into the country by big-time manufacturers who use palm oil in their production process, saying it amounts to dumping and threat to the nation’s Agriculture Transformation Agenda (ATA).
13-09-2013
Sabah PPN Plans To Set Up Palm Oil Mill
13/09/2013 (Bernama) - The Sabah State Farmers Organisation (PPN) and the National Farmers Organisation (NAFAS) have agreed to set up a palm oil mill in the state.
13-09-2013
KUB Agro To Develop 7,284 Hectares Of Oil Palm Plantation In Sabah, Sarawak
13/09/2013 (Bernama) - KUB Malaysia Bhd's (KUB) subsidiary, KUB Agro Holdings Sdn Bhd, will further expand its operations in the plantation sector with the development of 7,284 hectares (ha) of oil palm plantation in Sabah and Sarawak by 2015.
13-09-2013
Father of Malaysian Palm Oil, Tan Sri Dr. Augustine Ong Soon
13/09/2013 (Astro Awani) - alm Oil is has been unduly over criticized over the years due to lack of understanding.
13-09-2013
Sri Lanka\'s Horana Plantations Moves Into Oil Palm
13/09/2013 (LBO) - Sri Lanka's Horana Plantations Plc, said it was moving into oil palm cultivation by initially planting 300 hectares of the crop, while also adding cinnamon and forestry to the mix.
13-09-2013
Rising Arrivals Likely To Pressure Edible Oils
13/09/2013 (Hindu Business Line) - The weakness in the domestic currency and a firm futures market lifted the sentiment in the edible oils market on Thursday. Stockists came forward with fresh orders and covered about 2,900 -3,000 tonnes of palmolein during the day.
13-09-2013
Sustainable Palm Oil: GreenPalm, RSPO, Kellogg, PepsiCo, Under Fire As NGO Takes Aim At ‘Snack Food 20’
13/09/2013 (FoodNavigator-USA.com) - A new report from Rainforest Action Network says food giants supporting "weak" and "diluted" Round Table on Sustainable Palm Oil (RSPO) standards or buying GreenPalm certificates are kidding themselves if they think this will save the rainforests. But the RSPO says “disparaging innovative and strategic market solutions†such as GreenPalm is not the answer.
13-09-2013
Rotterdam Vegetable Oil Prices
13/09/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.
12-09-2013
VEGOILS-Palm Oil Drops To 3-Week Low on Output Rise Worries
12/09/2013 (Reuters) - Malaysian palm oil futures fell on Wednesday to the lowest in three weeks, weighed down by concerns of rising production pushing stocks higher this month.
12-09-2013
UPDATE 1-Thai PTT Plans To Sell Palm Oil Business in Indonesia
12/09/2013 (Reuters) - Thailand's largest energy firm, PTT Pcl, plans to sell its palm oil business in Indonesia worth an estimated $300-400 million as part of moves to divest non-core businesses, a senior company official said on Wednesday.