Archived News

06/04/2012 (Business Recorder) - Malaysian palm oil futures were barely changed at the close of trading on Thursday, after gaining more than 3 percent in the last three sessions, as demand hopes stemming from worries about tighter soybean supply continued to support prices.

06/04/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,500 metric tons of 10,500 tons of the commodity it offered at an auction in Jakarta.

06/04/2012 (The Star) - Malaysia has three main policy options to counter the lower Indonesian palm oil export tax structure introduced in September last year, according to UK-based LMC International Ltd chairman Dr James Fry.

06/04/2012 (Bloomberg) - An Ethiopian company majority-owned by Saudi billionaire Mohammed al-Amoudi plans to invest $600 million over two years to produce edible oil, its general manager said.

06/04/2012 (IBNLive.com) - BJP Member of Parliament Vijay Rupani today said the Narendra Modi Government in Gujarat is concerned about rising prices of edible oils and has decided to import palm oil to check their soaring rates.

06/04/2012 (Business Standard) - Indonesia is scouting for investments in India as part of its efforts to promote a new investment policy to boost the economy in the Islamic nation.

05/04/2012 (Reuters) - Malaysian palm oil futures climbed to an almost 13-month high on Wednesday, as traders continued to bet on a brighter demand outlook for palm oil following expectations of a smaller soybean crop in coming months.

05/04/2012 (Business Recorder) - Malaysian palm oil futures climbed to an almost 13-month high on Wednesday, as traders continued to bet on a brighter demand outlook for palm oil following expectations of a smaller soybean crop in coming months.

05/04/2012 (World Baker) - Cargill's cocoa & chocolate business has launched a new range of sustainable coatings and fillings for the European market, offering UTZ Certified cocoa powder and Roundtable on Sustainable Palm Oil (RSPO) certified palm and palm kernel products.

05/04/2012 (Business Times) - As of 12.30pm trading break, Sarawak Oil Palms Bhd, a palm-oil producer, dropped 1.3 per cent to RM6.85, poised for its largest loss since Feb. 28.

05/04/2012 (Daily Express) - The Sawit Kinabalu Group on Tuesday paid a dividend of RM51.5 million to the State Government after posting a pre-tax profit of RM300 million last year.

05/04/2012 (The Star) - Some RM340mil worth of halal deals have been sealed during business matching sessions held in conjunction with the ongoing International Halal Showcase (Mihas), said International Trade and Industry Minister Datuk Seri Mustapa Mohamad.