Archived News

06/06/2013 (Bloomberg) - Palm oil inventories in Malaysia, the world’s second-largest producer, probably fell for a fifth month in May to the lowest level in almost a year, according to a Bloomberg survey. Futures climbed to a two-month high.

05/06/2013 (Reuters) - Malaysian palm oil futures fell on Tuesday, tracking weaker soybean oil markets, although losses were contained by expectations that inventories would drop further in the world's second largest palm producer.

05/06/2013 (Bloomberg) - Malaysian palm oil production may rise to a record this year as crops in the main growing state of Sabah received ample rain, Oil World said.

05/06/2013 (Bernama) - A major milestone will be reached in the continuing advancement of the country's palm oil industry as six major oil palm players sign up in a first-of-its-kind joint-venture biomass cluster in Lahad Datu, Sabah.

05/06/2013 (Bloomberg) - Global biodiesel output will expand this year at the slowest pace since at least 2008 as Argentine production declines amid export curbs from the European Union, Oil World said.

05/06/2013 (Hindu Business Line) - The edible oils market turned weak trend on Tuesday, tracking bearish futures markets and need-based physical demand. Groundnut oil dropped by Rs 25 for 10 kg on bearish reports from Saurashtra, where it declined by Rs 20-25 as sales increased on hopes of a timely monsoon. Imported palmolein and soyabean refined oil declined by Rs 2 each due to lack of demand

05/06/2013 (Jakarta Post) - After recording its first surplus for six months in March, the country’s trade balance slid into the red again in April, posting a deficit of US$1.62 billion as exports further plunged despite a deceleration in imports.

05/06/2013 (The Malaysian Reserve) - Malaysian Indian Economic Cooperative (MIEC) president Madhu Marimuthu says the cooperative is negotiating to acquire land from several state governments to venture into the palm oil business.

05/06/2013 (Phys.Org) - Products derived from coconuts and oil palm trees are the primary protein sources in swine diets in parts of Africa, southeast Asia, South America, and Europe. New research from the University of Illinois is helping to establish the nutritional value of these products.

05/06/2013 (Bernama) - Share prices on Bursa Malaysia opened mixed on mild profit-taking in early trading today after gaining more than 10 points at close yesterday, dealers said.

05/06/2013 (Environmental Expert) - SGS invites you to register for the complimentary webinar 'RSPO (Round Table for Sustainable Palm Oil) & GreenPalm' on June 26, 2013.

04/06/2013 (Reuters) - Malaysian palm oil futures ended almost flat on Monday, as expectations of stagnant production to ease stocks further were offset by weak data from major consumer China.