Archived News

12/04/2013 (Economic Times) - India's palm oil imports fell for a second straight month in March as refiners tapped record stockpiles and purchases by the world's biggest buyer continued to suffer from a January hike in import duty, a Reuters survey showed on Thursday.

12/04/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

12/04/2013 (The Star) - CIMB Equities Research is maintaining its crude palm oil (CPO) price forecasts of RM2,530 for 2013 and RM2,700 for 2014 and also its Neutral rating for regional planters.

12/04/2013 (Bloomberg) - Palm oil headed for a third weekly drop as the Malaysian currency gained against the dollar, reducing the appeal of ringgit-denominated futures.

11/04/2013 (Reuters) - Malaysian palm oil futures edged lower on Wednesday, weighed down by recent strength in the ringgit, although losses were limited after a report showed stocks dropped to their lowest in seven months as exports outpaced weak output growth.

11/04/2013 (Bloomberg) - Palm oil stockpiles in Malaysia, the world’s second-largest producer, fell the most in more than two years to a seven-month low in March as exports gained for the first time in five months, according to official data.

11/04/2013 (Bdaily) - Neste Oil, one of the world’s largest buyers of palm oil, has strengthened its commitment to procuring sustainable renewable raw materials by becoming a TFT member.

11/04/2013 (Agrimoney.com) - If Brazil\'s crop figures, from Conab, on Tuesday were something of an agricultural commodities skirmish, Wednesday is bringing the main battle.

11/04/2013 (Fox Business) - IOI Corp. Bhd (1961.KU), Malaysia's fourth-largest listed palm oil producer by acreage, is planning an initial public offering of its property arm that may value the company as much as 10 billion ringgit ($3.3 billion), a person familiar with the matter said Wednesday.

11/04/2013 (Hindu Business Line) - Prices of edible oils continue to rule firm market on Wednesday, barring groundnut oil that dropped by Rs 5 for 10 kg. Prices were up by Rs 4-9. The market was firm on higher demand from stockists who are continuously buying since the start of this month.

11/04/2013 (Bloomberg) - Cooking oil imports by India, the world’s largest palm oil buyer, probably advanced for a fourth straight month in March on rising domestic demand and a decline in global prices.

11/04/2013 (Hindu Business Line) - A kg of tur dal, one litre of palm oil, one kg of whole wheat atta, one kg of wheat, half a kg of sugar, one kg of salt, 250 gm of chilli powder, 500 gm of tamarind, and 100 gm of turmeric.