Archived News

25/03/2013 (Reuters) - Malaysian palm oil futures fell on Monday on weaker exports, although losses were limited as a last-ditch deal to bailout Cyprus supported investor appetite for riskier assets.

23/03/2013 (Hindu Business Line) - Firm trend continued in edible oils market on Friday. Domestic futures extended gain tracking firm Malaysian palm oil futures which rose the highest since February 25. In the physical market, despite higher volumes prices for most edible oils were steady, barring palmolein and rapeseed oil which gained Rs 2 and Rs 6 for 10 kg each.

23/03/2013 (Reuters) - Malaysian palm oil futures rose to their highest in a month on Friday and posted a 3.3 percent weekly gain as hopes of export demand whittling down stocks offset uncertainty in Europe.

23/03/2013 (Reuters) - Liberia\'s largest palm oil company, Golden Veroleum, needs to review its social and environmental policies after its workers damaged graves, cleared existing crops and polluted creeks, according to an independent study it commissioned.

23/03/2013 (Borneo Post) - Oil palm cultivation in Sarawak currently accounts for over 1.2 million hectares of arable land and has proven to be both productive as well as optimising use of designated agriculture areas.

23/03/2013 (The Star) - Driving to the Putrajaya Marriott Hotel was somewhat of a task for me, considering my absolute lack of navigational skills. However, it was a pleasant surprise to pull up to what appeared to be like an oasis at the end of my long travel.

23/03/2013 (Bloomberg) - Palm oil traded near the highest level in almost a month on speculation that stockpiles in Malaysia, the world’s second-biggest producer, may decline as output drops and exports increase.

23/03/2013 (Business Green) - Shoppers might consider their Easter Eggs less tasty if they knew some brands are contributing to rainforest destruction, campaigners will warn today.

23/03/2013 (4-Traders) - The Netherlands welcomes Indonesian efforts to make palm oil production more sustainable. Lilianne Ploumen, Minister for Foreign Trade and Development Cooperation, and the Indonesian Deputy Trade Minister, Mr Bayu Krisnamurthi, discussed this matter on Thursday.

23/03/2013 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives exchange ended higher on Friday, the highest in a month on Friday on hopes of export demand paring record stocks. Despite weak market sentiment on the back of concerns about a possible debt default by Cyprus that could hit the euro zone’s fragile recovery and crimp edible oil demand, prices rallied higher.

23/03/2013 (Bernama) - Industry Minister MS Hidayat said nine Indonesian commodities are ready to enter and compete in free Asean market in 2015, Indonesia\'s Antara news agency reported.

23/03/2013 (Bernama) - The Indonesian foreign ministry has stated that conflicts in Sabah have not affected Indonesian nationals working the Sahabat palm oil plantation of the Federal Land Development Agency (Felda) in Malaysia.