Archived News
16-10-2012
Indonesian President Urges Developing Nations to Remove Trade Barriers
16/10/2012 (Jakarta Globe) - President Susilo Bambang Yudhoyono has urged developing countries to review restrictions on trade beyond tariff walls in order to boost economic development and standards of living.
16-10-2012
Palm Kernel Stock Feed Prices Coming Down Again
16/10/2012 (Radio New Zealand) - An importer of palm kernel extract says demand for the dairy feed supplement is lifting again as the price comes down.
16-10-2012
Auluta Basin Sets Standard for Land development
16/10/2012 (Island Business) - Its progress as a national development project may seem slow to Western eyes but for the past two years, officials behind the Auluta Basin Oil Palm Project have navigated through the contentious issue of landownership on the island of Malaita.
16-10-2012
India May Buy More Malaysian Palm Oil After Reforms, Group Says
16/10/2012 (Bloomberg) - India may boost palm-oil purchases from Malaysia after the second-largest producer announced a shakeup of export-tax policy that takes effect from Jan. 1, according to the Solvent Extractors’ Association of India.
16-10-2012
Malaysia Can Store 5.2 Million Tons of Palm Oil, Dompok Says
16/10/2012 (Bloomberg) - Malaysia can store 5.2 million metric tons of palm oil, according to Plantation Industries and Commodities Minister Bernard Dompok, puncturing speculation that capacity may be fully used after holdings advanced to a record.
15-10-2012
CIMB Research Retains Trading Buy on Plantations
15/10/2012 (The Star) - CIMB Equities Research retained its Trading Buy on the sector given the potential recovery of crude palm oil (CPO) price by year-end.
15-10-2012
VEGOILS-Market Factors To Watch on Monday
15/10/2012 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday. FUNDAMENTALS
15-10-2012
Reduced CPO Export Duty Will Encourage More Imports From Malaysia
15/10/2012 (Bernama) - India's premier vegetable oil association, The Solvent Extractors' Association of India (SEA) said the reduction in export duty for crude palm oil (CPO) would encourage more imports of the commodity from Malaysia.
15-10-2012
Isa Samad Says Drop In FGVH Share Price Only Temporary
15/10/2012 (Bernama) - The drop in Felda Global Ventures Holdings (FGVH) share price was only temporary as it was dependent on global oil palm commodity prices, said Felda chairman, Tan Sri Isa Abdul Samad.
15-10-2012
Are Collectors Key to Saving Giant Butterfly?
15/10/2012 (ABC News) - Papua New Guinea is home to the world\'s largest butterfly, but oil palm plantations are threatening the rare species\' habitat. Conservationists and local residents alike would like to save the species by lifting a ban on trade in the butterfly and selling it for thousands of dollars to collectors.
15-10-2012
Select Edible Oils Up on Millers Buying, Global Cues
15/10/2012 (Indian Express) - Select edible oils recovered on the wholesale oils and oilseeds market during the past week on fresh buying by vanaspati millers to meet the ensuing festivals and marriage season demand against restricted arrivals.
15-10-2012
Activity at Karachi and Qasim Ports
15/10/2012 (Business Recorder) -The Karachi Port handled 154,739 tonnes of cargo comprising 120,200 tonnes of import cargo and 34,539 tonnes of export cargo including 5,735 loaded & empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 120,200 tonnes comprised 37,797 tonnes of containerised cargo; 8,878 tonnes of general cargo; 24,081 tonnes of bulk cargo and 49,444 tonnes of oil/liquid cargo.