Archived News
22-06-2013
Palm Drops to Week Low on Declining Rupee, China’s Cash Crunch
22/06/2013 (Bloomberg) - Palm oil fell to the lowest level in a week on concerns that a weakening Indian currency and slowing growth in China will curb imports by the biggest buyers of the commodity used in everything from noodles to biofuel.
22-06-2013
Firat International To Distribute 100,000 Kg Of Malaysian Palm-based Cooking Oil Per Month
22/06/2013 (Bernama) - Firat International Trade Co Ltd, the main distributor of palm oil in Xianjiang, China, expects to distribute 100,000 kilogrammes of Malaysian palm-based cooking oil per month in the province.
22-06-2013
African Palm Oil Makers Hit Back At \'Smear Campaign\'
22/06/2013 (MENAFN.COM) - African palm oil producers are hitting back at what they say is a "smear campaign" against them by environmentalists and health activists that risks ruining their industry.
22-06-2013
Global Palm Oil Planter To Invest $1.6Bn in Sierra Leone Deal
22/06/2013 (Africa Review) - Major palm oil grower Golden Veroleum plans to invest up to $1.6 billion in Sierra Leone in what promises to be the second largest investment in the industry here.
22-06-2013
Lahad Datu Oil Palm Biomass Pact Seen To Draw 12 To 15 Companies
22/06/2013 (The Star) - Agensi Inovasi Malaysia (AIM) is expecting at least 12 to 15 companies to participate in the recently signed oil palm biomass joint-venture (JV) cluster in Lahad Datu, Sabah, by the end of this year.
22-06-2013
Mustard Oil Extends Gains on Weak Arrivals
22/06/2013 (Hindu Business Line) - Mustard-rapeseed oil extended gain by Rs 4 and palmolein declined by Rs 5 for 10 kg on Friday.
21-06-2013
VEGOILS-Palm Eases From Near 3-mth High; Weak Ringgit Caps Losses
21/06/2013 (Reuters) - Malaysian palm oil futures ended lower on Thursday, as global economic uncertainty spooked investors, although losses were limited by robust export data and a weaker local currency that sent prices to a near three-month high in the morning session.
21-06-2013
Malaysia\'s Palm Oil Export Earnings To Record RM73 Billion This Year
21/06/2013 (Bernama) - Malaysia's palm oil export earnings is expected to record an increase to RM73 billion this year against the RM71.3 billion posted in 2012.
21-06-2013
Sabah Receives Investments Worth RM5.83 Billion Last Year
21/06/2013 (Bernama) - Sabah received and approved 48 manufacturing projects involving investments worth RM5.83 billion last year.
21-06-2013
Palm Oil Futures Retreat as Commodities Slump on Fed Outlook
21/06/2013 (Bloomberg) - Palm oil fell from the highest level in almost three months as commodities from oil to copper tumbled on concern the U.S. Federal Reserve may phase out stimulus.
21-06-2013
Palm Oil King Takes Whitehaven Stake
21/06/2013 (The Australian) - The head of the world's largest processor of palm oil has emerged as a new shareholder on Whitehaven Coal's register following Nathan Tinkler's exit from the stock to pay down his significant debts.
21-06-2013
Sierra Leone: Golden Veroleum To Invest $1.6B In Salone
21/07/2013 (Awoko) - A delegation from a palm oil production company with operations in Liberia, Golden Veroleum has expressed keen interest in Sierra Leone’s palm oil endowment with a promise to invest US$1.6b in oil palm production in the South and Eastern Regions of the country.