Archived News

11/06/2012 (The Star) - Palm oil and in particular palm kernel oil are essential feedstocks for the oleochemical industry which, in turn, provide critical raw materials such as fatty acids in fatty alcohols for the production of surfactants globally.

11/06/2012 (Bernama) - The FBM KLCI futures contracts on Bursa Malaysia Derivatives are expected to trend lower next week on the back of volatile market conditions.

11/06/2012 (Bernama) - Crude palm oil (CPO) futures are likely to remain bearish next week in the absence of positive factors.

11/06/2012 (Bernama) - Red palm oil that contains provitamin A carotenes, is one of the many products that can be introduced in India.

11/06/2012 (Jakarta Post) - Diversified company PT Barito Pacific, founded by Indonesian tycoon Prajogo Pangestu, has set aside US$25 million in capital expenditure this year to support the development of its plantation business subsidiary, which is expected to help the company maintain stable growth within the fluctuating petrochemical sector.

11/06/2012 (Business Recorder) - Port Qasim maintained port's activities of total cargo volume of 79,559 tonnes including 54,528 tonnes of import; 25,031 tonnes of export cargo and the total number of 3,713 loaded and empty containers (TEUs) are handled during the last 24 hours of business activity on Saturday.

08/06/2012 (Reuters) - Malaysian palm oil futures fell on Thursday, tracking lower crude oil as investors turned cautious on prospects of the United States introducing fresh monetary stimulus and European policymakers rescuing Spanish banks.

08/06/2012 (Bloomberg) - Palm oil, used in everything from candy to biofuels, may tumble 9 percent to the lowest level in 20 months as a slowdown in China and Europe curbs demand, according to Dorab Mistry, director at Godrej International Ltd.

08/06/2012 (Bloomberg) - Malaysia, the world’s second-largest palm oil producer, will take steps to help local refiners stay competitive after Indonesia cut export taxes to boost shipments.

08/06/2012 (The Star) - Policy proposals that will address concerns in the Malaysian palm oil industry, including the impact of the low palm oil tax structure by Indonesia, will be presented to the Government soon.

08/06/2012 (Reuters) - Palm oil stocks in Malaysia, the world's second biggest producer, are likely to fall further in the coming months as festival demand cuts into supply, a trade body executive said on Thursday, potentially supporting prices for the edible oil.

08/06/2012 (Bloomberg) - Palm oil in Malaysia may trade between 3,000 ringgit a metric ton and 3,200 ringgit in the next three months, said Lee Yeow Chor, chairman of the Malaysian Palm Oil Council.