Archived News

12/07/2013 (Reuters) - Malaysian palm oil futures inched lower on Thursday on concerns over easing demand, but losses were curbed by data showing inventory had dropped more than expected.

12/07/2013 (Borneo Post) - Malaysia’s palm oil industry is expected to remain bullish despite decelerating production growth and depleting inventory level, as the demand-supply imbalance is expected to further support the recovery of crude palm oil (CPO) prices.

12/07/2013 (Reuters) - EU politicians on Thursday backed a new limit on crop-based biofuels, to fix the bloc's policy on transport fuels once thought to protect the climate but now suspected of doing more harm than conventional oil.

12/07/2013 (Bloomberg) - Oilseed output in India, the world’s second-biggest cooking oils importer, may increase this year as the best start to monsoon in more than a decade spurs sowing of soybeans and peanuts, according to a government official.

12/07/2013 (Hindu Business Line) - Edible oils ruled weak on Thursday on slack demand. Spot prices for soft oils such as palmolein, soyabean and sunflower refined oil dropped by Rs 2, Rs 5 and Rs 5 for 10 kg each. Rapeseed and cotton oil ruled steady, while groundnut oil rose by Rs 10 on extended gain in Saurashtra market .

12/07/2013 (Financial Express) - Most of the traders in the city's various kitchen markets were found Thursday selling some essential items beyond the prices fixed by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the holy month of Ramadan.

12/07/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

12/07/2013 (Borneo Post) - The Roundtable on Sustainable Palm Oil (RSPO) urges companies and governments to work together to tackle public transparency issues of land use and land ownership which is essential to addressing the question of responsibility for fires the annual haze problem.

11/07/2013 (Reuters) - Malaysian palm oil futures edged lower on Wednesday, weighed by weak exports for the first 10 days of the month, although bullish stocks data helped cap losses.

11/07/2013 (Bloomberg) - Palm oil stockpiles in Malaysia, the second-largest grower, contracted in June to the lowest level in more than two years as output dropped in the biggest-producing state. The shrinkage in the reserves beat expectations.

11/07/2013 (Bloomberg) - The following table shows Malaysia’s palm oil production, stocks, exports and imports for June according to the Malaysian Palm Oil Board.

11/07/2013 (Jakarta Globe) - BW Plantation saw some recovery in the second-quarter palm oil selling price but it remained lower than the same period a year earlier amid a weakening global commodities market.