Archived News

09/11/2012 (Business Recorder) - The Karachi Port handled 103,748 tonnes of cargo comprising 71,378 tonnes of import cargo and 32,370 tonnes of export cargo including 4,194 loaded & empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 71,378 tonnes comprised 21,452 tonnes of containerised cargo; 2,948 tonnes of general cargo; 35,578 tonnes of bulk cargo: 23,500 tonnes of coal; 1,702 tonnes of palm kernel expeller; 4,905 tonnes of DAP; 5,471 tonnes of rock phosphate and 11,400 tonnes of oil/liquid cargo.

09/11/2012 (CBS News) - For one Malaysian widow, moving to this experimental farming village represented hope for a brighter future for her seven children. Her new neighbor, also among the first to settle here, sought an easier life after years of low-paying, back-breaking plantation labor.

08/11/2012 (Reuters) - Malaysian palm oil futures gained on Wednesday, snapping three days of losses, with investors buying after prices dropped to a one-month low earlier in the session and on concerns year-end floods in the country could hurt production.

08/11/2012 (The Local) - In a bid to tackle obesity, a French senator has proposed a 300-percent tax hike on products that use palm oil.

08/11/2012 (Hindu Business Line) - Edible oils witnessed a mixed trend on Wednesday. Imported palmolein and soyabean refined oils made further gain of Rs 2 each tracking steady price rise by local refineries and firm Malaysian palm oil futures.

08/11/2012 (Bernama) - The decision by Koperasi Pertanian Cahaya Baru Kolapis Sandakan Bhd to switch from rubber to oil palm cultivation in collaboration with Felcra Bhd is bearing fruit, with its 139 members now getting an average dividend of RM5,000 every three months from the federal government agency.

08/11/2012 (Business Recorder) - The Karachi Port handled 78,849 tonnes of cargo comprising 51,193 tonnes of import cargo and 27,656 tonnes of export cargo including 1,646 loaded & empty containers during the last 24 hours ended at 0700 hours on Wednesday.

08/11/2012 (Jakarta Globe) - Most of the oil palm companies operating in West Kutai District, East Kalimantan, stand accused by local residents of some kind of land infraction, the national human rights body revealed on Tuesday.

08/11/2012 (PR Web) - A combination of factors is expected to drive demand growth in the vegetable oils market in the next few years. Demand from the food sector will be led by BRIC countries and few other countries in Asia-Pacific such as Indonesia, supported by rising living standards and population growth. China emerged as one of the most powerful contenders in the market, single handedly influencing world trade in vegetable oils.

08/11/2012 (Agrimoney.com) - One big question began being answered on Wednesday – how markets would react to Barack Obama being voted back in as US president.

07/11/2012 (Reuters) - Malaysian palm oil futures fell to the lowest in almost one month on Tuesday, dropping for a third straight session, as concerns over rising stockpiles and uncertainty ahead of the U.S. elections weighed on prices.

07/11/2012 (Hindu Business Line) - Imported Palmolein and Soyabean refined oil inched up by Rs 3 each on Tuesday due to tight supply and considering higher import parity due to strong US dollar. Sunflower, Groundnut and rapeseed oil rule steady despite bearish reports from producing centers. Cotton refined oil decline by Rs 2 on weak cotton markets. Local refineries quoted Palmolein by Rs 5 higher from previous day but not responded well by traders. Volume remained need based. Moral was weak. Four days left to start Diwali but physical demand is not as expected sources said in a concern voice.