Archived News

26/07/2013 (Jakarta Globe) - Astra International’s plantation unit is considering swooping on Sumatra assets put up for sale by the plantation unit of the Bakrie Group as part of an effort by the latter company to reduce its debts.

26/07/2013 (Bernama) - Bursa Malaysia Derivatives (BMD) ended yesterday with two new historical record highs.

26/07/2013 (O'Dwyer's PR News) - A trade group for embattled palm oil producers and sellers is looking for PR help for a global outreach campaign targeting influential journalists, bloggers, NGOs and activists.

26/07/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

26/07/2013 (Awareness Times) - The International Trade Centre (ITC) with Headquarters in Geneva, Switzerland is funding a survey on cross-border trade through Sierra Leone Produce Marketing Company (SLPMC). The joint initiative is focusing on identifying impediments to cross border trade along Sierra Leone–Liberia border for young entrepreneurs trading in agricultural produce like rice, fish, cassava, palm oil, and spices for food security. The study will analyze data from traders at cross-border regions and use the information to identify frequently asked questions that will inform the preparation of a step-by-step illustrated guide on related cross border formalities.

26/07/2013 (CosmeticsDesign-Europe.com) - As more cosmetics manufacturers respond to consumer demand for palm oil-free products, ingredient suppliers also have to respond; and this is exactly what has happened at France-based Naturex with its new range.

26/07/2013 (Bernama) - The historical high of 251,994 contracts recorded on Bursa Malaysia Derivatives on Thursday was due to traders going on a selling spree with the view of buying back at lower prices.

25/07/2013 (Reuters) - Malaysian palm oil futures slipped to their lowest in more than seven months on Wednesday, weighed down by a U.S. soy market that suffered steep losses after a report forecast ideal weather for bumper crops.

25/07/2013 (Bloomberg) - Palm, the most-used cooking oil, sank to the lowest level since 2009 as global supplies expand to a record and demand rises at the slowest pace in more than a decade. Soybean oil dropped to the lowest since 2010.

25/07/2013 (Hindu Business Line) - Bearish trend continued in spot and physical edible oils market on slack demand and expectation of higher kharif oilseeds output.

25/07/2013 (4-traders) - YB Dato Sri Douglas Uggah Embas, Minister of Plantation Industries and Commodities launched the biodiesel programme for the Southern Region at Shell Port Garage petrol station, in Pasir Gudang, Johor.

25/07/2013 (AFP) – Sequencing of the oil palm, one of the world's most important crops, has pinpointed a gene that should boost yields and ease pressure on tropical rainforests, studies said on Wednesday.