Archived News

10/05/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 3,000 metric tons of 7,000 tons of palm oil it offered at an auction in Jakarta.

10/05/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 6,500 metric tons of the 12,000 tons it offered at an auction in Jakarta.

10/05/2012 (Reuters) - Malaysian palm oil futures closed lower on Wednesday as heightened political risk in Europe raised concerns about demand and deterred traders who remained sidelined ahead of a slew of industry data due to be released the following day.

10/05/2012 (Reuters) - Wilmar International Ltd , the world's largest listed palm oil firm, reported on Thursday lower-than-expected first quarter earnings, hit by weak margins at its largely China-based oilseeds and grains business.

10/05/2012 (Biofuels International) - After the EPA announced that palm oil did not meet the requirements of the US renewable fuels standard earlier this year, new research claims that it could reach the 20% lower emissions required under RFA to qualify.

10.05/2012 (Bernama) - Delima Oil Products Sdn Bhd expects a turnover of over RM1 billion this year with the launch of several new products, says Chief Executive Officer Zakaria Arshad.

10/05/2012 (Bernama) - Based on the latest economic indicators, Malaysia's economy is on a stable foundation and this is expected to continue in the second-half of this year, the Dewan Negara was told Wednesday.

09/04/2012 (Reuters) - Malaysian palm oil futures closed lower on Tuesday, as investors fretted over the growing uncertainty in the euro zone after key elections and the weak U.S. economic data that cast doubts over the state of global economy.

09/05/2012 (The Star) - Anticipation over declining crude palm oil (CPO) production due to ageing plantations in major producing countries including Malaysia, would likely bolster the commodity to hit RM4,000 per tonne by second half of this year, according to industry players.

09/05/2012 (Reuters) - Malaysia's oil palm farmers will be getting a $553 million election-year windfall from an initial share sale of a giant state-controlled palm oil plantation company, Prime Minister Najib Razak announced on Tuesday.

09/05/2012 (Jakarta Globe) - The government has declared that a report regarding the country’s loss of almost five million hectares of forest and peatlands since the implementation of a moratorium on deforestation is misleading.

09/05/2012 (NASDAQ) - Asia's leading economic research house LTN www.livetradingnews.com takes a look at the premarket for Agricultural products.