Archived News

14/07/2012 (Bernama) - The BioPro diesel derived from the palm oil effluent could well serve as another green energy alternative in the future.

14/07/2012 (Borneo Post) - Shortage of workers in the oil palm plantations has caused a loss of some RM1 billion annually due to the failure to collect all oil palm fresh fruit bunches (FFB).

14/07/2012 (The Star) - The price of crude palm oil (CPO) should be able to maintain at the RM3,100 level, according to Malaysian Palm Oil Council (MPOC) and Rabobank. On the other hand, CIMB Research’s forecast is RM2,970 for 2012. The price of CPO yesterday was RM3,065 a tonne.

14/07/2012 (The Star) - WITH its chapter closed on Crabtree & Evelyn\'s (C&E) global business venture by the end of this month, Kuala Lumpur Kepong Bhd (KLK), a plantation giant, is now more driven to undertake new expansion and strategic acquisitions to strengthen its core plantations and downstream oleochemical businesses.

14/07/2012 (Economic Times) - Import of vegetable oils (edible and non-edible) during the first eight months of current oil year (Nov,11-Oct,12) has shot up by 24.65%, according to the Solvent Extractors' Association of India. The overall import of vegetable oils during November 2011 to June 2012 is reported at 6,395,199 tons as compared to 5,130,224 tons in the corresponding period of the previous year.

14/07/2012 (Hindu Business Line) - Edible oil market witnessed a mixed trend on Friday despite a rebound in Malaysian palm oil futures. Groundnut oil and cotton refined oil rose by Rs 5 and Rs 2 for 10 kg each, tracking firm reports from producing centres. Soya oil and rapeseed oil declined Rs 3 and Rs 5 each. Sunflower oil and palmolein rule steady.

14/07/2012 (Bernama) - The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to continue its uptrend next week, lifted by external sentiments which will encourage investors to increase their risk appetite, dealers said.

13/07/2012 (Reuters) - Malaysian crude palm oil futures tumbled on Thursday, as traders took profit, prompted partly by a forecast for rain over the weekend in the drought-hit, soy-producing U.S. Midwest that could ease concerns of tight oilseed supply.

13/07/2012 (Reuters) - An Indonesian palm oil firm received preliminary approval six years ago for a large plantation in a swampy, forested corner of Borneo island, bringing the promise of jobs and roads to impoverished villages.

13/07/2012 (Business Recorder) - The Karachi Port handled 89,033 tonnes of cargo comprising 60,345 tonnes of import cargo and 28,688 tonnes of export cargo including nil loaded & empty containers during last 24 hours ended at 0700 hours on Thursday.

13/07/2012 (Borneo Post) - Sarawak will play a pivotal role in the future of the palm oil industry in the nation as it is the only state in the country that still has plenty of land for the industry to expand.

13/07/2012 (Bernama) - Heavy selling in the plantation counters is continuing with investors taking profit after recent gains.