Archived News

06/08/2013 (Bernama) - Felda Global Ventures Holdings Bhd (FGVH)'s share price, which is currently on a downtrend on Bursa Malaysia, is prompted by uncertain oil palm prices.

06/08/2013 (NNT) – A memorandum of understanding (MOU) has been inked between the Public Warehouse Organization (PWO) and the Electricity Generating Authority of Thailand (EGAT) on the trade of 10,000 tons of crude palm oil for alternative energy generation.

06/08/2013 (The Star) - More often than not, Indonesia, the world’s largest palm oil producer, has come under heavy criticism for its continued inefficiency in providing the exact data on the republic’s palm oil stock, production, oil palm planted area and mature hectarage.

06/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets Tuesday.

06/08/2013 (AllAfrica.com) - Golden Veroleum Liberia Incorporated, otherwise known as GVL has sharply reacted to the Liberia Extractive Industry Transparency Initiative (LEITI) recent report in which it revealed that the Moore Stephens Audit of Concessionaires identify the company as one of the 66 concession agreements that did not meet standard. But in reaction, GVL averred that he audit report has not been published and has not been made available to it.

06/08/2013 (Bloomberg) - Palm oil advanced as output in Malaysia, the largest producer after Indonesia, probably expanded more slowly than a year earlier in July, keeping inventories at the lowest level in more than two years.

06/08/2013 (Jakarta Globe) - The World Wide Fund for Nature said it found Asian Agri and Wilmar, two of the world’s biggest palm oil concerns, were recently buying palm fruit that had been grown illegally in the Tesso Nilo complex in Riau, Sumatra, which extends into the Tesso Nilo National Park.

05/08/2013 (Borneo Post) - Crude Palm Oil Futures (FCPO) on Bursa Malaysia Derivatives rose and closed above the consolidation range after it broke below the range last week.

05/08/2013 (Borneo Post) - A rise in demand for crude palm oil (CPO), coupled with declining palm oil inventory, is expected to help sustain palm oil prices at above RM2,000 per metric tonne (pmt) levels.

05/08/2013 (THISDAY Live) - Oil palm cultivation in Cross River State has received a boost from the British American Tobacco of Nigeria (BATN) which has so far invested over N10 million in the state’s oil palm revival programme.

05/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

05/08/2013 (The Star) - A repeat episode of the diesel shortage in Malaysia this year can badly jeopardise the entire supply chain for palm oil, one of the country’s top revenue earners, warned industry players.