Archived News

08/05/2013 (Bloomberg) - Palm oil fell for a fourth day on concerns that global production may increase this month and a rally in the ringgit to the highest since August 2011 may reduce the appeal of commodities priced in the Malaysian currency.

08/05/2013 (Bloomberg) - World exports of seven major edible oils and fats are expected to jump 5.2 percent on increased import requirements by China and India, led by higher palm oil deliveries, Oil World said.

08/05/2013 (Daily Times) - Three ships scheduled to load/offload containers, palm oil and diesel oil were allotted berths at Qasim International Container Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal at Port Qasim on Monday, Port sources said on Tuesday.

08/05/2013 (Hindu Business Line) - Ahead of Malaysian palm oil production and inventories data, edible oils market may bottom out and the next few days will be crucial in determining the course of the trade.

08/05/2013 (AllAfrica.com) - President Ellen Johnson Sirleaf on April 4 convened a meeting with concessionaires operating in Liberia, including the managements of Sime Darby Plantation (Liberia) Golden Veroleum Liberia, to resolve issues of land and community rights.

08/05/2013 (National News Bureu of Thailand) - The Department of Internal Trade (DIT) confirms that product prices are still at normal levels and prepares to arrange a meeting on price interference on palm produce in a bid to tackle the price drop.

08/05/2013 (Jakarta Post) - Plantation company PT Dharma Satya Nusantara is planning to sell new shares in an initial public offering (IPO) late this month and early June to raise funds for its business expansion.

07/05/2013 (Reuters) - Malaysian palm oil futures slipped to nearly a 5-month low on Monday, weighed down as the ringgit surged against the dollar following the ruling coalition's win in the country's general elections.

07/05/2013 (Bloomberg) - Palm oil tumbled to near a three-year low as the ringgit climbed the most since 1998 after Malaysian Prime Minister Najib Razak won re-election, lowering the appeal of commodities priced in the nation’s currency.

07/05/2013 (Bloomberg) - Golden Agri-Resources Ltd. (GGR), the palm oil producer with enough plantations to almost cover the Grand Canyon, is ripe for a buyout by its largest shareholder as the stock languishes 36 percent below the value of its net assets.

07/05/2013 (DigitalJournal.com) - The rainforest land and ancestral homes of small farmers and indigenous peoples of the Philippines are under threat, as the Philippine government plans to promote oil palm plantations on a vast scale.

07/05/2013 (Bizcommunity.com) - Unilever is celebrating the success of a partnership blossoming in the sunflower fields in Limpopo to ensure sustainable sourcing of sunflower oil for its products. Through the sunflower farming partnership, Unilever has successfully developed higher yielding hybrid seeds and it is now possible for the oils to be traced right back to the individual farms where the seeds were grown.