Archived News

29/03/2013 (Reuters) - Malaysian palm oil futures fell to a more-than-one-week low on Thursday, with investors avoiding risky moves as they await key industry export data due next week.

29/03/2013 (Bloomberg) - Palm oil declined to head for a fourth quarterly loss on concern that demand for the most- consumed edible oil will weaken as Europe’s debt crisis drags on.

Crude palm oil prices have declined by 31.5% in dollar terms in the past 12 months. Photo: AFP 29/03/2013 (Livemint) - Falling palm oil prices have brought some relief to consumer companies in India. This commodity is a key cost component for soap companies as its derivative is used in the soap manufacturing process. Palm oil prices also figure in the input cost of packaged food companies. Their impact on soap companies is significant. In 2011-12, oils and fats contributed 36.2% to Godrej Consumer Products Ltd’s stand-alone raw material costs.

29/03/2013 (Natural Product Insider) - Carotech will be presenting its new product Spectraâ„¢ 10/ 5 and sharing the micronutrients of red palm oil at the upcoming SupplySide Marketplace from April 30 to May 2 at Javits Convention Center in New York City.

29/03/2013 (Livemint) - Makers of soaps including Dove, Santoor and Dettol are aggressively offering promotions and discounts to boost volumes and shield their market share after a sharp decline in the cost of palm oil, a key raw material.

28/03/2013 (Reuters) - Malaysian palm oil futures inched up on Wednesday on expectations that lower production may ease stocks further, but worries over the euro zone curbed appetite for risk.

28/03/2013 (Business Mirror) - The Center for Trade Union and Human Rights (CTUHR) is asking the government to look into the plight of palm-oil plantation workers in Agusan del Sur province after another worker was electrocuted last week.

28/03/2013 (Food Processing) - Oils and fats provide some essential flavors and functions in food processing, and those attributes are usually juxtaposed against cost concerns when a food processor selects one of these products for an application. During the past decade, however, a larger issue has come to the forefront.

28/03/2013 (Stock Market Wire) - Palm oil developer DekelOil posts net losses of €341,000 for the year to the end of December - down from €868,000 last time.

28/03/2013 (Bloomberg) - Palm oil declined to head for a fourth quarterly loss on concern that demand for the most- consumed edible oil will weaken as Europe’s debt crisis drags on.

28/03/2013 (Business Recorder) - Wednesday\'s Rotterdam vegetable oil prices at 1700 GMT.

28/03/2013 (Bernama) - Malaysia expects double-digit growth in bilateral trade with Australia this year from RM43.72 billion last year, with the extensive implementation of the Malaysia-Australia Free Trade Agreement (MAFTA).