Archived News

31/12/2012 (Hindu Business Line) - A couple of tough trade-related measures including border control measures taken by China recently have unnerved the global vegetable oil and oilseeds trade and industry.

31/12/2012 (Borneo Post) - One hundred and sixty NCR landowners from Kampung Bakam near here appealed to the Land and Survey Department to survey their combined 4,800 acres of land quickly as they are keen to open up their property for an oil palm plantation project.

31/12/2012 (Business Times) - SEPTEMBER 11 2011 is the date Palm Oil Refiners Association of Malaysia (Poram) members will always remember.

31/12/2012 (The Star) - Malaysian palm oil futures fell on Monday, weighed by lower exports although losses were limited by expectations that heavy rains in the world's No.2 producer may disrupt production and bring down record high stocks.

31/12/2012 (Bloomberg) - Palm oil dropped, extending an annual loss and snapping a five-day rising streak, as declining exports from Malaysia signaled weaker demand.

31/12/2012 (Borneo Post) - The US budget talks remain gloomy and uncertain as no new progress has been released.

31/12/2012 (Bernama) - OSK Research Sdn Bhd expects QL Resources Bhd's business operations in Indonesia to give a strong impact on its earnings by financial year 2014.

29/12/2012 (Reuters) - Malaysian palm oil futures touched a near two-month high on Friday, posting a second straight weekly gain as traders expect record stocks in the world's No.2 producer to ease on lower production and higher shipments.

29/12/2012 (The West Australian) - Indonesia's Supreme Court ordered a major palm oil company to pay more than $390 million to the state for tax evasion, a judge said on Friday, in a case likely to set a precedent in the graft-ridden nation.

29/21/2012 (Bangkok Post) - The National Oil Palm Policy Committee decided to keep the price of fresh palm nuts stable at a meeting yesterday but vowed to find ways to reduce the stockpile.

29/12/2012 (The News International) - Malaysian palm oil futures slid off a near two-month high hit earlier on Friday, but remained on track for a second straight weekly gain as traders expect record stocks in the world’s No.2 producer to ease on lower production and higher shipments.

29/12/2012 (Hindu Business Line) - Positive sentiments continued in edible oil markets tracking firm futures markets and extended gain in Malaysian palm oil on Friday. In Mumbai, groundnut and cotton refined oil improved by Rs 5 and Re1 each. Imported palmolein was up by Rs 3 and soyabean refined oil increased by Re 1 each. Sunflower and rapeseed oil ruled steady. Liberty sold about 350-400 tonnes of palmolein at Rs 502-504 and super palmolein Rs 550. Ruchi sold about 700-800 tonnes of imported palmolein at Rs 494 ex-JNPT and 50-60 tonnes sunflower refined oil at Rs 770. Resellers offloaded about 150-200 tonnes palmolein at Rs 491 ex JNPT.