Archived News
08-10-2013
VEGOILS-Palm Ends Higher, Trade Thin Ahead of Malaysian Industry Report
08/10/2013 (Reuters) - Malaysian palm oil futures ended higher for the third straight day on Monday but trade was thin, with most investors steering clear of risky bets as they waited for an industry report on palm stocks and production in the world\'s second-biggest producer.
08-10-2013
India Oilseeds, Soyoil Rise As Rains Delay Soybean Supply
08/10/2013 (Reuters) - Indian oilseed and soyoil futures rose on Monday on gains in overseas palm oil prices, a weak rupee and as heavy rainfall in top soybean producing Madhya Pradesh state in the last four days raised concerns over supplies.
08-10-2013
PREVIEW-Malaysian Palm Oil Stocks Seen at 6-mth High in Sept
08/10/2013 (Reuters) - Malaysian palm oil stocks may have jumped to their highest in six months in September as strong seasonal output outweighed robust export demand, a Reuters survey showed, pressuring prices that have already lost about 5 percent this year.
08-10-2013
Ministry Expects Commodity Development Programmes to Receive Support in Budget 2014
08/10/2013 (Bernama) - The Ministry of Plantation Industries and Commodities expects the Budget 2014 to continue supporting programmes on commodity development, especially, Research and Development (R&D).
08-10-2013
It’s A Great Time to Buy This Controversial Commodity
08/10/2013 (MoneyWeek) - You don’t have to go far in Malaysia to find palm trees. More than ten percent of the country is covered with them, all planted in neat green rows. They’re a vital part of the economy, because every year the country churns out millions of tonnes of palm oil, a key ingredient in all sorts of consumer products including chocolate bars, soap and lipstick.
08-10-2013
New Britain, Sipef See Doubling in Palm Oil Yields
08/10/2013 (AgriMoney.com) - New Britain Palm Oil and Sipef revealed research which they believe could "at least double" palm oil yields even amid ideas that the world has enough of the vegetable oil, for now, limiting prospects for a rebound in prices.
08-10-2013
US Firm to Invest in Renewable Energy in POIC LD
08/10/2013 (Daily Express) - The global pursuit of renewable energy feedstock has arrived in Sabah.
08-10-2013
NextFuels Narrowing Search for Site to Produce Biofuels From Palm Plantation
08/10/2013 (Marketwired) - NextFuels, a pioneer in transforming agricultural residue into biofuels, is actively narrowing the search for a site for its initial pilot plant to Southeast Asia. The pilot plant will demonstrate how NextFuels can economically produce transportation and industrial fuels from wet, unprocessed agricultural waste from palm oil plantations.
08-10-2013
IOI’s Acquisition of Unico-Desa is Credit Negative: Moody\'s
08/10/2013 (The Star) - Moody’s Investors Service says IOI Corp Bhd’s announced acquisition of 39.55% of Unico-Desa Plantation Bhd through its unit, IOI Plantation Sdn Bhd, and the mandatory takeover offer it will make for the remaining shares, is a credit negative.
08-10-2013
UGB to Use IPO Proceeds To Expand Indonesian Valve Business
08/10/2013 (The Star) - Unimech Group Bhd (UGB) will use the targeted proceeds of RM13.7mil to RM23mil from the listing of its subsidiary, PT Arita Prima Indonesia TBK (API), to expand its valve business for the palm oil industry in Indonesia over the next two years.
07-10-2013
Crude Palm Oil Weekly Report 6 October 2013
07/10/2013 (Borneo Post) - Crude Palm Oil Futures (FCPO) ended higher on Friday as it was lifted overnight by US soy-oil market.
07-10-2013
Advocacy Needed to Chase Away Palm Oil Industry Stigma
07/10/2013 (Jakarta Post) - The Indonesian Palm Oil Council (DMSI) has urged the government to provide effective advocacy through the relevant ministries, especially the Foreign Ministry, in facing negative palm oil campaigns.