Archived News

08/04/2013 (Bloomberg) - Palm oil gained as a survey showed that inventories in Malaysia probably fell the most in more than two years in March as exports increased for the first time in five months from the world’s second-largest producer.

08/04/2013 (Daily Times) - Five ships arrived at Port to load/offload palm oil at LCT rice at FAPT and containers at QICT and dredger at MW-2 on April 5. Berth occupancy was maintained at 71 percent at the Port on Friday where ten ships are currently occupying berths to load/offload containers, cement, wheat, rice, diesel oil and palm oil.

08/04/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Ma­laysia Derivatives dipped this week, tracking the fall in soybean oil prices and concerns over the bird flu outbreak in China.

08/04/2013 (Jakarta Post) - The Indonesian Palm Oil Association (GAPKI) is expected to oppose the government’s plan to cap plantation companies’ land ownership at 100,000 hectares (ha) nationwide.

08/04/2013 (Borneo Post) - The US non-farm payroll grew at only 88,000 in March and dampened confidence of investors.

08/04/2013 (Borneo Post) - A total of 534 natives who participated in the PJP Pelitia Ulu Teru Plantations Sdn Bhd joint venture project were all smiles when they received cash incentives totalling RM1.03 million on Friday.

06/04/2013 (Reuters) - Malaysian palm oil futures inched lower on Friday, tracking weak soy markets, and posted a second straight weekly loss, with investors cautious ahead of key industry data due next week.

06/04/2013 (Bloomberg) - Palm oil fell, set for a second weekly drop, as the Malaysian currency gained against the dollar, reducing the appeal of ringgit-denominated futures.

06/04/2013 (Hindu Business Line) - The firm trend in edible oils continued on Friday with imported soyabean refined oil and palmolein inching up by Rs 5 and Re 1 each for 10 kg.

06/04/2013 (Bernama) - Kenanga Research has reiterated an "underweight' call on the plantation sector as it expects another earnings disappointment in May 2013.

06/04/2013 (The Star) - The winds of change are fast sweeping across the plantation and mining landscape in Indonesia the world's largest palm oil producer and one of the global players in gold, coal, nickel, copper and tin mining. And it's going to have a material impact on Malaysian companies in the republic.

06/04/2013 (AllAfrica.com) - We've got some good news for Indonesia's rainforests, and the endangered tigers living there.