Archived News
01-04-2013
Weekly Crude Palm Oil Report March 31 2013
01/04/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives fell sharply this week due to bearish US Department of Agriculture (USDA) reports and slower exports demand.
30-03-2013
VEGOILS-Palm Edges Lower, Posts 4th Straight Quarterly Loss
30/03/2013 (Reuters) - Malaysian palm oil futures slipped to the lowest in two weeks on Friday to record a fourth straight quarterly drop, after data showed higher-than-expected U.S. soybean stockpiles.
30-03-2013
Financial Year-End Keeps Away Edible Oil Stockists
30/03/2013 (Hindu Business Line) - Barring groundnut oil which rose by Rs 10, all other edible oils ruled unchanged on Friday. Extended loss in Malaysian palm oil futures tracking previous day’s late evening bearish US Department of Agriculture soya reports pulled down all market sentiments.
30-03-2013
Ben Fogle Accused Over Sarawak Environmental Propaganda
30/03/2013 (Bangkok Post) - A British television presenter has been accused of fronting an environmental propaganda campaign that seeks to mask the destruction of Sarawak’s rainforests to make way for industrial logging and palm oil plantations.
30-03-2013
Private Sector Push For Biodiesel
30/03/2013 (Malay Mail) - To support the implementation of the B10 biodiesel programme nationwide, a private sector-led initiative Biodiesel Malaysia Sdn Bhd (BMSB) will be established, led by Felda Global Ventures Holdings and Sime Darby Bhd.
30-03-2013
Jumping The Gun? Confusion Over APP Deforestation Report
30/03/2013 (Mongabay.com) - On Thursday AFP reported that green groups have accused Indonesian forestry giant Asia Pulp & Paper (APP) of breaking its commitment to stop clearing natural forests and peatlands. But that\'s not the whole story.
30-03-2013
Palm Futures Down in Quiet Trade
30/03/2013 (Business Times) - Crude palm oil prices on Bursa Malaysia Derivatives closed lower in quiet trading yesterday as traders unwinded their positions ahead of the weekend break, a dealer said.
30-03-2013
Palm Oil Plunge Continues
30/03/2013 (Bangkok Post) - Palm oil prices declined to the lowest level in almost two weeks, heading for a fourth quarterly loss, on concern that demand will slow as Europe\'s debt crisis lingers, swelling inventories in producing countries.
30-03-2013
Growth Must Be Coupled With Equity: Dems, Golkar
30/03/2013 (Jakarta Globe) - Indonesia is set to experience higher economic growth, more foreign investment, better infrastructure, improved labor policies and fairer trade practices in the coming years, representatives from the Democratic Party and the Golkar Party, both part of the ruling coalition, said on Thursday.
30-03-2013
Officials Rescue Two Orangutans in Aceh
30/03/2013 (Jakarta Globe) - Two orangutans that were being illegally kept at an Aceh residence were seized by conservation officials to be released back into the wild, the head of an orangutan advocacy group announced Thursday night.
29-03-2013
VEGOILS-Palm Slips To Lowest in Over A Week, Investors Await Export Data
29/03/2013 (Reuters) - Malaysian palm oil futures fell to a more-than-one-week low on Thursday, with investors avoiding risky moves as they await key industry export data due next week.
29-03-2013
Palm Oil Heads for Fourth Quarterly Loss in Worst Run Since ‘99
29/03/2013 (Bloomberg) - Palm oil declined to head for a fourth quarterly loss on concern that demand for the most- consumed edible oil will weaken as Europe’s debt crisis drags on.