Archived News

01/05/2013 (The Star) - Rantau Simfoni Sdn Bhd director Zamani Hamdan, 51, was slapped with an RM1mil fine by the Sessions Court here after it convicted him of trading in oil palm futures contracts without a licence.

01/05/2013 (Hindu Business Line) - Edible oils are likely to drop at retail levels after importers sold palmolein at lower rates for delivery later in May.

01/05/2013 (Philippine Information Agency) - The Philippine Palm Oil Development Council Inc. (PPDCI) discussed the economic progress brought about by planting and exporting palm oil and its health and environmental benefits in the recently concluded 8th National Palm Oil Congress here.

01/05/2013 (Borneo Post) - Average selling prices (ASPs) for crude palm oil (CPO) remain suppressed with downside pressure from several factors including high inventory stock levels and moderating demand from importing countries.

01/05/2013 (SBWIRE) - There are only several thousand Sumatran orangutans left in the wild and their existence is threatened by a pending development plan by the Indonesian government to develop 1.2 million hectares of some of the most environmentally sensitive forest in the world. This threatens the very existence of the last few remaining Sumatran orangutans, tigers, rhinos, and elephants.

30/04/2013 (Reuters) - Malaysian palm oil futures lost ground on Monday after four straight sessions of gains, although traders remained cautious ahead of export data that could provide further trading cues.

30/04/2013 (AllAfrica.com) - President Ellen Johnson-Sirleaf's intervention in a long-running, controversial land saga in oil-palm rich Sinoe County has paved the way for the smooth operations of Golden Veroleum at least for the foreseeable future, bearing any more missteps in the already strain ties between the company and residents in the area.

30/04/2013 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

30/04/2013 (eco-business.com) - In this investigative piece, Sara Schonhardt travels to the Sumatran forests to take a close look at the controversial palm oil industry - and how companies, such as Cargill, are feeling the pressure to reform.

30/04/2013 (WorldPressOnline) - The Round Table for Sustainable Palm Oil (RSPO) was established in 2004 to promote the production and use of sustainable palm oil for People, Planet, and Prosperity.

30/04/2013 (Agrimoney.com) - Shares in Indofood Agri fell back to amongst their lowest in four years as production concerns and higher costs added to the dent that weak palm oil prices have handed the plantations group.

30/04/2013 (Hindu Business Line) - Traders are waiting for further direction from Malaysian palm oil futures that edged lower on Monday after four straight sessions of gains. Traders remained cautious ahead of export data, though.