Archived News

13/06/2013 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

13/06/2013 (Business Recorder) - The Karachi Port handled 37,563 tonnes of cargo comprising 5,322 tonnes of import cargo and 32,241 tonnes of export cargo during the last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 5,322 tonnes comprised 50 tonnes of containerised cargo; 84 tonnes of general cargo; 3,151 tonnes of DAP and 2,037 tonnes of oil/liquid cargo.

13/06/2013 (Hindu Business Line) - On Wednesday, palmolein dropped by Rs 7 for 10 kg on a sharp pull back in value of the rupee against the US dollar and resale selling pressure, erasing most of the previous day’s gain of Rs 11. Groundnut oil rose by Rs 10 despite a steady trend at Rajkot. Rapeseed, sunflower and cotton oils inched up by Rs 5, Rs 5 and Rs 2 each. Slack local demand kept overall sentiment cautious amid thin volatility in Malaysian palm oil futures, said sources. Soyabean arrivals were nearly one lack lakh bags at Rs 3,800 ex-mandi and mustard seed arrivals were 1.85 lakh-1.90 lakh bags at Rs 3,140-3,625.Liberty quoted palmolein at Rs 555; super palmolein Rs 588 and super deluxe Rs 608. Ruchi quoted palmolein at Rs 555; soyabean refined oil Rs 675 and sunflower refined oil Rs 790. In Rajkot, groundnut oil was steady at Rs 1,630 (Rs 1,630) for telia tin and Rs 1,050 (Rs 1,050) for loose 10 kg.

13/06/2013 (Radio New Zealand) - One of the farmers who blew the whistle on lax biosecurity at some overseas palm kernel processing sites has applauded moves to address some of their concerns.

13/06/2013 (HealthNewsDigest.com) - By now, you know that you should be avoiding trans fats. As food manufacturers re-formulate their brands to replace trans fats with other alternatives, it's easy to become confused when you read the new food labels. Saturated, unsaturated, monounsaturated, polyunsaturated? Olive, canola, soy, Malaysian palm fruit oil, palm kernel oil, coconut oil or animal fats (beef tallow, lard) - which are the healthier choices? The answers may surprise you.

13/06/2013 (Reuters) - Following is the berthing schedule of major vessels loading and unloading at Port Qasim:

12/06/2013 (Reuters) - Malaysian palm oil futures reversed early losses to end slightly higher on Tuesday, supported by a drawdown in stocks in the world's No.2 producer and strong demand.

12/06/2013 (Bernama) - Sabah expects to attract from RM10 billion to RM15 billion in investments this year, with the bulk to come from the palm oil sector, especially downstream processing, including in biomass.

12/06/2013 (Bernama) - Pakistan is seeking more investments from Malaysia in various sectors, including halal food and refineries, says Mumbai-based Trade Consul Noraslan Hadi Abdul Kadir.

12/06/2013 (Stock Market Wire) - R.E.A. Holdings, which cultivates of oil palms in Indonesia and produces crude palm oil and crude palm kernel oil, has reported that production of crops during January and early February were hit by village issues, and some limited harvesting blockages had a further (but less material) negative impact on crops in March and early April.

12/06/2013 (Ventures Africa) - Okomu Oil Palm Company Plc, a Nigerian indigenous agricultural firm, has revealed plans to double its production capacity, making it the largest oil mill in Africa.

12/06/2013 (Business in Cameroon) - Leader in the palm oil sector, Socapalm eyes a jump in price from 500 to 525 francs CFA per Kg, it emerged from the corporation’s ordinary general assembly last June 06, 2013 indicates Le Quotidien de l’Economie of Monday.