Archived News

14/08/2013 (Solomon Star) - Prime Minister Gordon Darcy Lilo has struck deals with power-house companies in Indonesia that would see long term economic growth in the Solomon Islands.

14/08/2013 (Deutsche Welle) - Neem is often called the “miracle” tree because of its vast medicinal and healing properties. It’s not the only plant to earn that distinction. But not all have managed to live up to the hype.

14/08/2013 (Bloomberg) - Palm oil rallied to the highest level in more than three weeks after the U.S. cut its forecast for the soybean crop, more than analysts expected, spurring a rally in the oilseed that can be crushed to produce an alternative oil.

13/08/2013 (Reuters) - Malaysian palm oil futures rose on Monday, as worries about a sharp rise in output receded and on hopes end-stocks in the world's No.2 producer may have shrunk again in July due to resilient export demand.

13/08/2013 (Reuters) - India's imports of refined palm oil fell for the second month in July as weakness in the rupee currency made overseas purchases dearer despite lower prices, a Reuters survey showed on Monday.

13/08/2013 (Bloomberg) - Palm oil rallied the most in two weeks as a decline to the lowest price in a week boosted exports from Malaysia, the world’s second biggest producer.

13/08/2013 (Bloomberg) - Palm oil imports by India, the world’s largest buyer, probably declined for the first time in three months as the local currency dropped to a record, prompting importers to scale back purchases.

13/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.

13/08/2013 (Reuters) - - Exports of Malaysian palm oil products for Aug. 1 to 10 rose 18.5 percent to 417,414 tonnes, from 352,375 tonnes during July 1 to 10, cargo surveyor Intertek Testing Services said on Monday.

13/08/2013 (Hindu Business Line) - Higher volumes kept the sentiment positive in the edible oils market on Monday, taking cues from firm overseas market, weak domestic currency and higher local demand ahead of festivals.

13/08/2013 (Bernama) - The expected higher import duty to be imposed by India for refined bleached deodorised (RBD) palmolein will be a positive catalyst for crude palm oil (CPO) prices and Malaysian export demand, says Alliance Research.

13/08/2013 (Bernama) - Kenanga Research is positive on crude palm oil (CPO) prices in the second half of this year and has maintained its forecast of RM2,500 per metric tonne (mt) this year, following news on lower-than-expected US soyabean production.