Archived News

03/08/2012 (Bernama) - Companies with strong fundamentals in growth sectors and with strong institutional support will be looked at favourably by retail investors as evident from the Felda Global Ventures Bhd (FGVH) and IHH Healthcare listings, a leading corporate leader said.

02/08/2012 (Moneycontrol.com) - Nirmal Bang has come out with its special fundamental report on Palm Oil. According to the research firm, prices are expected to appreciate by 10-15% in the coming six months.

02/08/2012 (The Nation) - Shell Thailand has drawn up a two-year plan to transition to purchasing only palm oil that has been certified by the Roundtable on Sustainable Palm Oil (RSPO) for the production of bio diesel.

02/08/2012 (The Star) - The Ministry of Plantation Industries and Commodities (MPIC) has reassured palm oil industry players that the latest two million tonnes increase in the duty-free crude palm oil (CPO) export quota is only a temporary measure aimed at stock management and ensuring the renumerative prices for local palm oil producers.

02/08/2012 (Bernama) - The Ministry of Plantation Industry and Commodities on Wednesday clarified that the increase in shipping quota for tax-free crude palm oil (CPO) is only a temporary measure aimed at stock management and ensuring remunerative prices for producers.

02/08/2012 (Bernama) - Sales of RM71.2 million were generated during the Showcase Malaysia 2012 which was held for three days in Phnom Penh, Cambodia, from July 11, 2012.

02/08/2012 (Reuters) - India has set a new base import price on RBD palmolein at $1,053 per tonne, a government statement said on Wednesday, making imports of the refined palm oil costlier as it seeks to protect domestic refiners from cheap Indonesian imports.

02/08/2012 (Jakarta Globe) - Indonesian plantation companies have suffered dips in their income amid falling commodity prices in the global market.

02/08/2012 (Business Mirror) - State-run CIIF Oil Mills Group have asked the Bureau of Customs (BOC) to closely monitor shipments of vegetable oil into the country and detect possible massive technical smuggling.

02/08/2012 (Reuters) - India's PEC Ltd has bought 15,000 tonnes of refined, bleached and deodorised (RBD) palmolein at $1,015 per tonne, two trade sources said on Wednesday, higher than the last known price paid by another trading company.

02/08/2012 (China Daily) - ASB Biodiesel (Hong Kong) Ltd, which is setting up a plant to produce biodiesel through processing waste materials in the city - the largest project of its kind, said it aims to roll out the business to the mainland in the future if the model proves to be a success.

02/07/2012 (Reuters) - Malaysian crude palm oil ended lower on Wednesday, as market caution and expectations of higher stocks in No.2 producer Malaysia trumped lingering weather fears in the U.S. Midwest.