Archived News
23-10-2013
Rotterdam Vegetable Oil Prices
23/10/2013 (Hindu Business Line) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.
23-10-2013
Indian Oilseeds, Soyoil Steady; Weak Rupee Offsets Rising Soybean Supply
23/10/2013 (Reuters) - Indian oilseeds and soyoil futures were steady on Tuesday as a weak rupee and good demand for edible oils offset rising soybean supplies and a drop in overseas oilseed prices.
23-10-2013
Malaysia\'s KLK in Talks with Africa-focused Equatorial Palm Oil for a Stake
23/10/2013 (Reuters) - Malaysia's third-largest listed plantation company Kuala Lumpur Kepong Bhd (KLKK.KL) said it is in talks with Equatorial Palm Oil PLC (PALO.L) to take a stake or buy up all the shares in the Africa-focused, London-listed planter.
23-10-2013
Matrade Projects Malaysia-EU Trade To Be At RM120 BLN This Year
23/10/2013 (Bernama) - The Malaysia External Trade Development Corporation (Matrade), is optimistic of about RM120 billion in total trade between Malaysia and the European Union (EU)this year, amid the financial crisis in the region.
22-10-2013
VEGOILS-Palm Rises to 1-1/2 Month High, Lifted by Overseas Soy Markets
22/10/2013 (Reuters) - Malaysian palm futures jumped on Monday to their highest in 1-1/2 months, lifted by gains in the U.S. and Chinese soy markets after positive economic data from the Asian giant signalled growing demand for food and fuel.
22-10-2013
Indigenous Oils Slip on Slack Buying
22/10/2013 (Hindu Business Line) - Imported edible oils rose on Monday tracking extended gain in futures markets. Malaysian palm oil futures closed higher by 40 ringgits while projection for Chicago soya oil futures was plus 24 points which put the domestic market sentiment positive at the end of the day. However, the volumes remain limited in resale as stockists have bought enough materials in the last few days.
22-10-2013
Rotterdam Vegetable Oil Prices
22/10/2013 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1600 GMT.
22-10-2013
Incentives Called for Development of Downstream Palm Oil Industry
22/10/2013 (ANTARA News) - Agriculture Minister Suswono said the finance ministry needs to consider incentive to develop downstream palm oil industry.
22-10-2013
Palm Oil Imports by China Set to Slow as Soy Shipments Surge
22/10/2013 (Bloomberg) - Palm oil imports by China, the second-biggest buyer, are poised for the slowest expansion in three years, at a time when record production fuels a global glut, a Bloomberg News survey shows. Prices fell.
22-10-2013
Mill Construction Progressing Well, Says DekelOil
22/10/2013 (StockMarketWire.com) - DekelOil says construction of its 60 t/hr crude palm oil extraction mill by Modipalm Engineering is progressing well.
22-10-2013
Indonesia Needs to Review Legal Land Classification: WRI
22/10/2013 (Jakarta Globe) - Indonesia, the world’s leading producer and exporter of palm oil, can further expand palm oil production while avoiding forest loss and social conflicts, but will need to review its legal land classifications, the World Resources Institute said on Tuesday.
22-10-2013
Investment Giant Bans Two Palm Oil Companies For ‘Unsustainable’ Deforestation
22/10/2013 (FoodNavigator.com) - The world’s biggest sovereign wealth fund has permanently banned investment in two palm oil companies for alleged unethical practices, after dropping 23 palm oil firms from its portfolio for the same reason in March.