Archived News

19/07/2013 (Borneo Post) - “Semua tidak cukup (There isn’t enough of everything),” said Tamin assemblyman Datuk Joseph Mauh Ikeh of Selangau’s dilemma.

19/07/2013 (Business Standard) - Refined palm oil import is available for $13.4 a tonne less than crude palm oil (CPO). The vegetable refining industry has called for government intervention to reverse this.

19/07/2013 (Business Recorder) - The Karachi Port handled 121,814 tonnes of cargo comprising 96,088 tonnes of import cargo and 25,726 tonnes of export cargo including 3,717 loaded and empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 96,088 tonnes comprised 27,791 tonnes of containerised cargo; 1,664 tonnes of general cargo; 29,833 tonnes of bulk cargo: 28,970 tonnes of coal; 863 tonnes of sulphur and 36,800 tonnes of oil/liquid cargo.

19/07/2013 (Jakarta Post) - Two major crude palm oil (CPO) producers have reported significant increases in their sales volumes in the first half of this year despite a decline in the commodity’s price.

19/07/2013 (AllAfrica.com) - The Nigerian Ports Authority (NPA) on Wednesday said that 80 ships, carrying various commodities, would sail into the Lagos ports from July 17 to Aug. 24.

19/07/2013 (Bloomberg) - Palm oil climbed the most in more than three months as a decline in prices to the lowest level this year spurred demand for the most consumed cooking oil.

18/07/2013 (Reuters) - Malaysian palm oil futures rose on Wednesday, as bargain hunters emerged after five straight days of losses, although optimism was subdued by rising oilseed supplies and weak export demand.

18/07/2013 (The Star) - Palm oil millers assured smallholders in the state that the reduced oil extraction rate (OER) would be revised once the fruits are tested with higher oil content.

18/07/2013 (Hindu Business Line) - Imported edible oils along with cotton oil extended losses on Wednesday due to slack demand. Palmolein and soyabean refined oil declined by Re 1 and Rs 5 for 10 kg each. Cotton refined oil dropped by Rs 2.

18/07/2013 (Bloomberg) - Palm oil advanced for the first time in six days after a drop to a seven-month low yesterday attracted buyers of the world’s most consumed cooking oil.

18/07/2013 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

18/07/2013 (Hindu Business Line) - Bearish trend continued in edible oils market on Tuesday on slack demand and weak futures. Malaysian palm oil futures extended their loss for the fifth consecutive day as worries over weak export demand and a higher production persisted.