Archived News

12/09/2012 (Bloomberg) - Palm oil declined to the lowest level in more than three weeks on concern that declining exports from Malaysia, the world’s second-biggest producer, may boost stockpiles amid a seasonal pick-up in output.

12/09/2012 (Oxford Business Group) - Significant investment in Sabah’s fertiliser manufacturing capacity raises the prospect of a symbiotic relationship with the pivotal palm oil segment, which could benefit the industry sector as a whole.

12/09/2012 (Dow Jones Newswires) - The European Commission, the executive arm of the European Union, is proposing to sharply limit the use of biofuels derived from food crops, a move that shows a radical change in its biofuel policy and could threaten a 2020 target for using renewable resources in its transport sector.

12/09/2012 (The Sun Daily) - Crude palm oil prices (CPO) will remain weak over the next two months as still-high production offset exports, said analysts, who are predicting prices to pick up in the latter part of the fourth quarter of this year.

12/09/2012 (Radio New Zealand International) - Solomon Islands’ deputy prime minister says people in Malaita have come to realise that offering their land to the government for development is the only way to progress.

12/08/2012 (The Star) - Crude palm oil futures fell to the lowest since mid-August on Wednesday on investors' concerns about rising stockpile, with PPB Group and Batu Kawan among the major losers.

12/09/2012 (Jakarta Post) - Indonesian palm oil may still have the opportunity to join the renewable fuel program in the United States, which will increase exports of the commodity to the world’s energy market.

12/09/2012 (Reuters) - India's edible oil imports are likely to rise more than 4 percent to 10 million tonnes in the 2012/13 marketing year as domestic output in the world's top buyer lags rising demand, an industry official said.

11/09/2012 (Bloomberg) - Triputra Agro Persada, the palm oil company owned by Indonesian billionaires Theodore Rachmat and Benny Subianto, will increase its planted area by two-thirds by 2015 as it prepares for an initial stock sale.

11/09/2012 (Bloomberg) - Palm oil fell for a fifth day, set for the longest losing run since November, as stockpiles in Malaysia, the second-largest producer, climbed to a 10-month high, boosting global vegetable-oil supplies.

11/09/2012 (Reuters) - Malaysian crude palm oil futures edged up on Monday, buoyed by rising exports, although gains were limited by high stock levels that have risen above 2 million tonnes in the No.2 producer.

11/09/2012 (Reuters) - India's refined palm oil imports are expected to have fallen in August as the world's top vegetable oil buyer raised its duty on purchases to cut cheap supplies from Indonesia, a Reuters survey showed, reflecting the third monthly fall in a row.