Archived News

21/05/2013 (Reuters) - Malaysian palm oil futures on Monday edged off their highest in more than a month, as data showing a drop in exports erased earlier gains on a higher soy market.

21/05/2013 (Bloomberg) - Palm oil closed near a one-month high on improved demand prospects ahead of Ramadan, with data from a surveyor showing that shipments from Malaysia dropped at a slower pace.

21/05/2013 (Bernama) - TH Plantations Bhd, which already operates six oil palm mills in Peninsular Malaysia, plans to set up its first palm oil refinery in Sarawak, says Executive Officer Datuk Zainal Azwar Zainal Aminuddin.

21/05/2013 (Bernama) - The price of crude palm oil (CPO) is expected to pick up in the third quarter of this year, supported by strong fundamentals, said Malaysian Palm Oil Council (MPOC) Chairman, Datuk Lee Yeow Chor.

21/05/2013 (Vanguard) - The recent imposition of 35 percent duty on importation of Crude Palm Oil, CPO, into the country by the federal government is beginning to take a toll on associated food industries, as they have started to experience acute shortages in supply of the product, industry stakeholders have said.

21/05/2013 (Huffington Post) - Palm oil kills but with apologies to the orangutans, they\'ll have to get behind the line to extinction after the Sumatran rhino.

21/05/2013 (FOOD Magazine) - Choice has released a statement relating to unclear labelling of products containing palm oil.

21/05/2013 (CosmeticsDesign.com) - Having once been viewed as complex, more and more cosmetics brands are finding themselves committing to sustainable palm oil as consumer demand for ethically and environmentally sound products increases.

21/05/2013 (The Guardian) - The Guardian’s Abuja Bureau Chief, Madu Onuorah, and Joke Falaju spoke with the Minister of Agriculture, Dr. Akinwumi Adesina, on the changes in the agriculture sector. In this interview, the minister explained the challenges and prospects.

21/05/2012 (FOOD Magazine) - Palm oil has received a great amount of attention in recent months. Heightened consumer awareness surrounding palm oil farming practices has resulted in protests and boycotts the world over, causing producers to re-think the ingredient composition of many of their processed offerings.

21/05/2013 (PR Web) - CMT’s 5th Palm Oil Summit has today revealed their 2013 program line up, featuring distinguished panel of speakers, industry majors and insightful sessions tailored towards examining industry developments and the ISPO mandate in key palm oil producing nation, Indonesia.

21/05/2013 (Singapore Business Review) - According to OCBC Investment Research, Global Palm Resources (GPR) posted 1Q13 revenue of IDR66.8b, down 33% YoY and 4% QoQ, hit by softer CPO (crude palm oil) prices as well as lower volume sold.