Archived News

29/06/2013 (GhanaWeb) - Farmers in the oil palm plantation sub-sector have called on the Ministry of Food and Agriculture (MOFA) to assist farmers in the industry to obtain treated and affordable seedlings for the growth and expansion of their business.

29/06/2013 (Jakarta Globe) -Some of the world’s top palm oil, pulp and paper companies, together with major buyers, kicked off a two-day meeting with governments and NGOs in Jakarta on Thursday to discuss the sustainable production of such commodities.

29/06/2013 (The Star) - An analysis by the Roundtable on Sustainable Palm Oil over the possible involvement of its member companies in Indonesia’s forest fires is expected to be ready by next weekend.

29/06/2013 (Bloomberg) - Palm oil fell for a third day, capping a fifth quarterly loss, on speculation that rising global oilseeds supplies may cut demand for the commodity used in everything from noodles to soaps.

29/06/2013 (The Star) - Malaysian oil palm planters constantly aim to achieve sustainable practices, including maintaining “zero burning policies”, said Plantation Industries and Commodities Minister Datuk Seri Douglas Unggah Embas.

29/06/2013 (Bloomberg) - China’s palm oil imports may rise to a record as its discount to domestic soybean oil widens and as traders in the second-biggest buyer use the commodity as collateral for loans, a survey by Bloomberg shows.

29/06/2013 (Bernama) - PT Minamas Gemilang, a subsidiary of Sime Darby Plantation, has called on all stakeholders to enter into constructive dialogue to find a sustainable solution to the haze problem.

29/06/2013 (MoneyControl.com) - CPO traded on mixed note yesterday and settled 0.06 percent lower. An increase in the export tax in Indonesia supported prices while an appreciation in the Rupee pressurized prices. KLCE palm oil futures declined 0.93 percent yesterday on credit concerns in China. However, strong export data and weak Ringgit capped the losses.

29/06/2013 (Hindu Business Line) - Malaysian palm oil futures on the BMD ended lower on Friday tracking weak global commodity markets, while markets braced for a key US agricultural report that is expected to show higher planting of competing soyabean.

29/06/2013 (Bernama) - After emulating Malaysia's Vision 2020 to turn the country into a developed nation by 2020, some African countries are looking at Malaysia's New Economic Model (NEM) to transform them into high-income nations.

28/06/2013 (Reuters) - Malaysian palm oil futures slipped to the lowest in more than a month on Thursday as investors liquidated their positions ahead of a key industry report that could show higher supplies of rival oilseed soybean.

28/06/2013 (Jakarta Post) - The export levy on crude palm oil (CPO) will increase in July to 10.5 percent from 9 percent.