Archived News

12/05/2012 (The Star) - Commodities including oil and gold fell on worries about the eurozone debt crisis at midday on Friday while all key regional equities markets were in the red, posting losses of up 1.4%.

11/05/2012 (Bernama) - The Sandakan Chinese Chamber of Commerce (SCCC), established 12 decades ago, plays a vital role in the growth of business activities in the region.

11/05/2012 (Bernama) - Palm oil stocks dropped 5.41 per cent in April to 1.848 million tonnes against 1.954 million tonnes registered in March, says the Malaysian Palm Oil Board (MPOB).

11/05/2012 (Reuters) - Malaysian palm oil futures edged up on Thursday, as traders bet on lower palm oil stocks, although gains were capped by lingering euro zone fears and slower exports of the edible oil this month.

11/05/2012 (Bloomberg) - The following table shows Malaysia’s palm oil production, stocks, exports and imports for April according to the Malaysian Palm Oil Board.

11/05/2012 (The Star) - Local palm oil inventory fell to the lowest in a year to 1.85 million tonnes in April, compared with 1.95 million tonnes recorded a month earlier, according to the Malaysian Palm Oil Board (MPOB).

11/05/2012 (NASDAQ) - Malaysian Palm Oil futures edged lower, as political uncertainty in the EU + some industry data due the Thursday deterred traders from taking risky positions on Wednesday.

11/05/2012 (Bloomberg) - Palm-oil stockpiles in Malaysia, the second-largest supplier after Indonesia, slumped to the lowest level in a year in April as production continued to drop from a year ago and exports were flat.

11/05/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,000 metric tons of the 12,500 tons it offered at an auction in Jakarta.

11/05/2012 (The Star) - CIMB Equities Research maintains its Trading Buy call on regional plantations as it expects crude palm oil (CPO) price to hit a peak in the second quarter of 2012 and trend lower in the second half.

10/05/2012 (Bloomberg) - Cooking-oil imports by India, the world’s biggest consumer after China, may have surged for the third straight month in April on lower crushing of the domestic crop and higher local prices.

10/05/2012 (The Star) - The long overdue revision of Malaysia's crude palm oil (CPO) export tax policy which has been unchanged since the 1960s will likely take place by year-end or early next year, according to sources close to the industry.