Archived News

29/11/2012 (Bernama) - Volatility in agri commodity prices looks set to continue into 2013, according to a report from Rabobank's Agri Commodity Markets Research department.

29/11/2012 (Bernama) -- China imported a total of 3.9 million metric tonnes of palm oil from Malaysia valued at US$ 4.35 billion (about RM13.26 billion) in 2011, said Minister of Plantation Industries and Commodities Tan Sri Bernard Dompok.

28/11/2012 (Reuters) - Malaysian palm oil futures edged down on Tuesday, as traders booked profits from a near one-week high after Greece's international lenders agreed on a financial aid deal that boosted market optimism.

28/11/2012 (Reuters) - The European Commission has approved a scheme that would certify as sustainable transport fuel made from palm oil, condemned by environmental groups as one of the most damaging sources of biodiesel.

28/11/2012 (The Sun) - A group of MPs with oil palm plantations in their constituencies, led by Deputy House Speaker Datuk Ronald Kiandee, will submit a letter to French lawmakers airing their concerns over a proposal to increase palm oil taxes by 300%.

28/11/2012 (Hindu Business Line) - Palmolein and rapeseed oil fell by Rs 2 for 10 kg each on Tuesday, as local demand eased and Malaysian palm oil futures turned bearish. Soya oil futures were down Rs 3 for 10 late evening tracking weak Malaysian markets.

28/11/2012 (Borneo Post) - Despite being a newcomer in the oil palm nursery business, Miri Best One Sdn Bhd (Miri Best One) strives to produce the best oil palm seedlings in the industry.

28/11/2012 (Business Recorder) - The Karachi Port handled 80,318 tonnes of cargo comprising 58,724 tonnes of import cargo and 21,594 tonnes of export cargo including 3,788 loaded & empty containers during the last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 58,724 tonnes comprised 37,503 tonnes of containerised cargo; 63 tonnes of general cargo; 14,000 tonnes of coal and 7,158 tonnes of oil/liquid cargo.

28/11/2012 (AFP) - Malaysian conglomerate Sime Darby said Tuesday net profit for the first quarter fell 7.8 percent year-on-year as lower prices cut into its palm oil earnings.

28/11/2012 (Proactive Investors Australia) - Killara Resources (ASX:KRA) has followed an earlier identical placement this month with another raising of $450,000 issuing 5,000,000 shares to an Indonesian family business at $0.09 each.

28/11/2012 (Business Times) - Tradewinds (M) Bhd reported a lower profit before tax of RM384.78 million for the nine months ended Sept 30, 2012 from RM673.24 milllion in the same period a year ago, due to the drop in the performance of its plantation and rice divisions.

28/11/2012 (Live Trading News) - Malaysian palm oil futures edged down as traders booked profits from a near one-week high after Greece’s international lenders agreed on a financial aid deal that boosted market optimism.