Archived News

05/04/2012 (Kyiv Post) - The Russian Federal Consumer Rights Service (Rospotrebnadzor) has not found any evidence of there being palm oil in cheese produced at Hadiachsyr (Poltava region) during its inspection on March 27-28.

04/04/2012 (Bloomberg) - Palm oil rallied for a second day to the highest level in more than a year on concern that farmers in the U.S., the world’s biggest soybean producer, will seed less of the oilseed this year, paring cooking oil supplies.

04/04/2012 (Reuters) - Malaysian palm oil futures touched their highest in more than a year on Tuesday, riding on the back of a smaller soybean crop and recovering palm oil exports, but ended the day almost flat, as traders scrambled to lock in profit.

04/04/2012 (Reuters) - Indonesian palm oil firm Bumitama Agri Ltd's planned S$244 million ($194 million) initial public offering in Singapore has attracted strong demand from funds and wealthy investors looking to tap into the region's booming resources sector.

04/04/2012 (Business Recorder) - Malaysian palm oil futures touched their highest in more than a year on Tuesday, riding on the back of a smaller soybean crop and recovering palm oil exports, but ended the day almost flat, as traders scrambled to lock in profit.

04/04/2012 (WWF International) - Protecting the environment by producing certified sustainable palm oil is also good for the bottom line, according to a groundbreaking new report released today.

04/04/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 10,500 metric tons of 17,500 tons of the commodity that it offered at an auction in Jakarta.

04/04/2012 (Business Week) - PT Astra Agro Lestari, Indonesia’s biggest plantation stock by market value, sold all of the 8,900 metric tons of palm oil it offered at an auction in Jakarta.

04/04/2012 (Business Recorder) - Malaysian palm oil futures extended gains on Tuesday, touching their highest in more than a year as traders bet on greater demand for palm oil after a key US planting report pointed to a smaller soybean crop, while recovering exports also boosted sentiment.

04/04/2012 (Bernama) - Sawit Kinabalu Sdn Bhd has met the aspirations of the Sabah government that all state-owned corporations must be efficient and profitable by turning in a record pre-tax profit of RM300 million for the year ended Dec 31, 2011.

04/04/2012 (The Star) - Felda Global Ventures Holdings (FGVH) is keen to explore opportunities in Myanmar to develop plantations and related downstream businesses.

04/04/2012 (The Star) - Sarawak Oil Palms Bhd (SOPB) has signed a shareholders and subscription agreement with Danum Shipping Sdn Bhd for a proposed joint venture (JV) for palm oil tanker shipping services.