Archived News

21/05/2013 (The Sydney Morning Herald) - It's everywhere - in your bathroom, your pantry - and if you use make-up, it's probably on your face as well.

21/05/2013 (4-Traders) - In the news release, CME Group Expands OTC Agricultural Offering with New USD-Denominated Palm Oil Swap, issued today by CME Group over PR Newswire, we are advised by the company that the quote in the fourth paragraph should be attributed to Chong Kim Seng, Chief Executive Officer of BMD, rather than Jeffrey Tan, Product and Market Development General Manager, BMD, as originally issued inadvertently.

21/05/2013 (Eco-Business.com) - More than a million people across the globe have signed an online petition demanding the Indonesian government to cancel the plan to open the protected virgin rainforest in Aceh to commercial exploitation.

20/05/2013 (Bernama) - Sabah-based East West One Consortium Bhd (EWOC), expects the take-up rate for its East West One Planter\'s Scheme (EWOPS), to hit 75 per cent by year-end, said Chief Executive Officer Datuk Dr Jessie Tang.

20/05/2013 (The Herald) - CME Group, the world\'s leading and most diverse derivatives marketplace, today announced it has expanded its centrally cleared, over-the-counter (OTC) agricultural swap offering through the introduction of a new U.S. dollar (USD)-denominated palm oil swap. Pending CFTC review, the new USD Malaysian Crude Palm Oil Calendar Swap will be available for clearing on CME ClearPort on June 3, and will be listed with and subject to the rules and regulations of the CBOT.

20/05/2013 (Business Recorder) - The Karachi Port handled 67,613 tonnes of cargo comprising 42,134 tonnes of import cargo and 25,479 tonnes of export cargo including 4,099 loaded and empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 42,134 tonnes comprised 35,655 tonnes of containerised cargo; 2,455 tonnes of general cargo; 2,974 tonnes of bulk cargo and 1,050 tonnes of oil/liquid cargo.

20/05/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives rose this week in anticipation of better exports growth in the second half of May.

20/05/2013 (Borneo Post) - The Dow Jones Average Index (DJIA) closed at new historical high on Friday at 15,354 levels.

20/05/2013 (Leadership Newspapers) - The Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, on Saturday in Akure said government had started the distribution of nine million sprouted nuts of high-yielding oil palm seedlings.

20/05/2013 (Economic Times) - The wholesale oils and oilseeds market displayed a mixed trend during the past week with prices of select oils rising on increased buying by vanaspati millers amid a firming global trend while a few others declined on slackened demand.

20/05/2013 (THISDAY Live) - The stakeholders in Nigeria’s consumer food sector have called on the federal government to intervene in the crisis rocking the sector, which is been fuelled by the scarcity crude palm oil (CPO) and government’s 35 per cent import duty on raw materials.

20/05/2013 (Costweek) - East Africa’s economic growth outlook is good in the medium term, indicating most countries will keep up with over 5 percent growth, London-based senior economic researcher with pan-African Ecobank Group has said.