Archived News
18-08-2012
Ta Ann Q2 Net Profit Slides 73% To RM13.3m
18/08/2012 (The Star) - Ta Ann Holdings Bhd's earnings fell 73.7% to RM13.32mil in the second quarter ended June 30, 2012 from RM50.73mil a year ago due to lower sales by oil palm and timber segments, but it expected the second half to be better.
18-08-2012
Farmers Angry With Obourma Mill For Delay in Paying For Supplies
18/08/2012 (Ghana News Agency) - A group of farmers supplying oil palm fruit bunches to the Obourma Oil Palm Mill at Darmang in the Kwaebibirem District have complained about delays by the company to pay them for the fruit bunches supplied.
18-08-2012
AEP Subsidiary Agrees $35M Loan to Develop Plantation
18/08/2012 (Stock Market Wire) - Anglo-Eastern Plantations subsidiary PT Sawit Graha Manunggal has agreed a US$35m loan with PT Bank DBS Indonesia to develop the Kalimantan plantation.
18-08-2012
BRI’s Loans To Palm Oil Firms Near Double in H1
18/08/2012 (Jakarta Post) - State-owned PT Bank Rakyat Indonesia (BRI) disbursed Rp 4.99 trillion (US$525.37 million) in corporate loans to palm oil companies in the first half of the year, almost double the same figure last year.
18-08-2012
Palm Oil Seen Dropping to 22-Month Low as China, India Slow
18/08/2012 (Bloomberg) - Palm oil is set to drop 8.8 percent to the lowest level in 22 months as a slowdown in China and India, the top users, curbs demand and rising Malaysian output boosts inventories, said an analyst at Frost & Sullivan.
17-08-2012
VEGOILS-Palm Oil Gains To 2-Week Top on Export Recovery
17/08/2012 (Reuters) - Malaysian crude palm oil futures edged up to a near 2-week high on Thursday as exports staged a tentative recovery, signalling stocks could come under pressure.
17-08-2012
India\'s July Refined Palm Oil Imports Down From June
17/08/2012 (Reuters) - India imported 112,611 tonnes of refined palm oil in July, down 9.28 percent from June and slightly above the average of a Reuters poll, data released by a leading trade body showed on Thursday.
17-08-2012
UPDATE 1-India\'s July Refined Palm Oil Imports Down 9 Pct on Mth
17/08/2012 (Reuters) - India's refined palm oil imports fell 9.3 percent in July in the second straight monthly decline as importers feared the world's biggest buyer would raise duties on purchases to cut cheap supplies from Indonesia,industry data showed on Thursday.
17-08-2012
Global Palm Oil Prices Hurt Returns for Indonesian Plantation Companies
17/08/2012 (Jakarta Globe) - Salim Ivomas Pratama and London Sumatra Indonesia, plantation units of the Indofood Group, have seen profits tumble on falling global palm oil prices.
17-08-2012
Coconut Board Seeks Ban on Palm Oil Import
17/08/2012 (Hindu Business Line) - The Coconut Development Board has sought a ban on palm oil import in view of the steep fall in coconut oil prices.
17-08-2012
TABLE-India July vegoil Imports up - Trade
17/08/2012 (Reuters) - India's vegetable oil imports in July were 870,328 tonnes, up 11.1 percent from the previous month, data from the Solvent Extractors' Association (SEA) showed on Thursday.
17-08-2012
Palm Oil Need Not Come at Expense of the Environment
17/08/2012 (Mongabay.com) - Palm oil production need not come at the expense of the environment, says Greenpeace in a new campaign that highlights a smallholder approach used by a community in Riau Province on the island of Sumatra.