Archived News

28/07/2012 (The Star) - Plantation group Kim Loong Resources Bhd expects to launch its tocotrienol health supplement brand called E-life Gold by year-end.

28/07/2012 (Hindu Business Times) - Imported Palmolein and soyabean refined oil decline by Rs.7 and Rs.5 each on Friday on increase selling pressure and need based demand despite higher closing of Malaysian market. Groundnut oil rose by Rs.15 for 10 kgs In Mumbai tracking jump of Rs.70 for Telia tin in Saurashtra in last two days. Sunflower oil drops by Rs.5. Cotton and Rapeseed oil rule steady.

28/07/2012 (FoodNavigator-USA.com) - A product that will stabilize and solidify fats and oils, such as margarines and shortenings, with lower saturated fat and zero trans fats could be on the market in 12 to 24 months, says Adriene Eiffes, marketing specialist for Ashland Specialty Ingredients.

28/07/2012 (4-Trades) - The Chinese government has advised edible-oil producers in China to avoid raising prices "unless absolutely necessary," stopping short of a repeat of last year's outright price cap on such products, major producer Wilmar International Ltd. (WLMIY) said Friday.

28/07/2012 (The Star) - Fresh from its success in co-hosting the Euro 2012 football tournament, Ukraine is setting its sights on Malaysia for a stronger trade relationship.

27/07/2012 (Bernama) - Alliance Research has maintained its "overweight" call on the plantation sector with continued expectation of a developing El Nino and possible supply shortage in the soybean market.

27/07/2012 (Reuters) - Malaysian crude palm oil fell to its lowest in more than five weeks on Thursday, as investors turned more bearish on forecasts for rain in parts of the U.S. Midwest that could bring some relief to the drought-hit soy crop.

27/07/2012 (Bloomberg) - Government officials in China, the largest user of cooking oils, told suppliers to keep wholesale prices for packaged products stable to avoid stoking inflation, according to two people familiar with this week’s talks.

27/07/2012 (The Star) - Plantation-based Sime Darby and KL Kepong dragged the FBM KLCI into the red at midday on Thursday on worries about expected decline in crude palm oil (CPO) prices.

27/07/2012 (Borneo Post) - Road is the best gift to the rural folk because it opens areas that were once inaccessible and get them to start tilling their idle land for a possible big business venture.

27/07/2012 (Reuters) - Indian oilseeds and soyoil futures fell on Thursday, tracking a drop in the world market and as rainfall in the top soybean producing Madhya Pradesh state in the past two days allayed concerns over poor yields.

27/07/2012 (New Straits Times) - In just over four years since its launch, the Sabah Development Corridor (SDC) has already generated more than RM112.8 billion worth of planned and confirmed investments.