Archived News

02/07/2013 (The Star) - The first factory in the palm oil industrial cluster (POIC Lahad Datu) here to process spent bleaching earth (SBE), a solid waste generated by palm oil refineries in Sabah, will commence operation in July 2014.

02/07/2013 (Bernama) - The Honourable Dato Sri Douglas Uggah Embas, Minister of Plantation Industries and Commodities, Malaysia officiated the First Malaysia-Vietnam Palm Oil Trade Fair and Seminar 2013 (POTS) at New World Hotel today. Themed Sharing Solutions, Shaping the Visions, this event provides insights, solutions and trend analysis on the economic opportunities in the palm oil trade.

02/07/2013 (Bernama) - Kenanga Research has maintained its 'market perform' call on Felda Global Ventures (FGV) with a target price of RM4.60.

02/07/2013 (Bernama) - Kenanga Research is positive on the plantation sector and believes that the news is neutral for crude palm oil (CPO) prices as a sustained inventory decline should lend the prices strong support.

02/07/2013 (AllAfrica.com) - Mr Deepak Singhal is the Managing Director/CEO, Dufil Prima Foods Plc, producers of Indomie instant noodles. In this interview with our correspondent in Lagos, he speaks about doing business in Nigeria, the indomie market and industry issues

02/07/2013 (ANTARA News) - Indonesia is currently preparing multiple researches which will prove its palm oil products are environmentally friendly, Minister of Research and Technology Gusti Muhammad hatta said here on Monday.

02/07/2013 (The Star) - Sarawak-based timber and plantation group Ta Ann Holdings Bhd expects maturing oil palm plantations, which represent 60% of its total plantation land, to help further reduce the group’s cost of production (COP) this year.

02/07/2013 (Market Watch) - CME Group, the world\'s leading and most diverse derivatives marketplace, today announced the first USD Malaysian Crude Palm Oil Calendar Swaps were cleared on 21 June 2013, through CME ClearPort. The trade was between Gunvor Group and Louis Dreyfus Commodities, and was brokered by Starsupply (SG) Pte Ltd, part of the SCB Group.

02/07/2013 (Mongabay.com) - A new report lays out key leverage points for shifting Indonesia's palm oil industry toward a greener development path.

01/07/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives were down throughout the whole week as the futures product was affected by the liquidity crisis in China which may affect the demand from China, one of the major consumers for palm oil products. According to a KL-based trader with a foreign commodities brokerage, most of the global commodities are depressed and moving downwards including palm oil. Moreover, investors chose to liquidate their positions ahead of a key industry report which is the US Department of Agriculture (USDA) report which could show higher supplies of rival oilseed soybean.

01/07/2013 (Borneo Post) - Gold and crude prices diversified last week and instilled confusion to market traders.

01/07/2013 (The Star) - Malaysian companies have generated over RM680mil worth of business in East Africa following the Global Smart Partnership Dialogue (GSPD) 2013.