Archived News

20/03/2012 (Bernama) - Minister Of Plantation Industries And Commodities, Y.B. Tan Sri Bernard Dompok Will Be Leading A Palm Oil And Timber Working Visit To The United Sates Of America (US) From 20-31 March 2012. The Itinerary Of The Visit Includes A Joint Malaysia-Indonesia Ministerial Mission To Promote Palm Oil. The Delegation Comprises Of Representatives From Both Public Sector And Private Sector.

21/03/2012 (Bangkok Post) - Pathum Vegetable Oil has become the first Thai company to be certified at the Roundtable on Sustainable Palm Oil (RSPO) for responsible oil palm plantation management.

21/03/2012 (Economic Times) - Malaysian palm oil futures extended losses on Tuesday as some traders took profits on concerns that the market was overbought, although losses were limited by still-robust demand, indicated by export trends.

21/03/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 6,000 metric tons of 10,000 tons of the commodity that it offered at an auction in Jakarta.

21/03/2012 (The Star) - Malaysia is taking its oil palm biomass resource to the next level via the formation of a dedicated Oil Palm Biomass Centre (OPBC), slated to be launched by Prime Minister Datuk Seri Najib Razak tomorrow.

21/02/2012 (Borneo Post) - Crude Palm Oil (CPO) price is foreseen to trend higher given that production growth is expected to decline from 9.4 per cent in 2011 to 5.4 per cent in 2012.

21/03/2012 (Bloomberg) - Unilever (UNA), the world’s second- biggest consumer-products maker, unveiled a website to gather and assess ideas from outside the company as it looks to bolster sales from new products and improve environmental practices.

21/03/2012 (Anhui News) - Biodiesel, a fuel that has been talked about for years is once again in the spotlight as fuel prices are raised for the second time this year on Tuesday.

21/03/2012 (Borneo Post) - Sarawak Plantation Bhd’s (Sarawak Plantation) turnaround efforts in 2011 is set to bear fruits this year as its then-brand new management placed immediate focus on improving the company’s fresh fruit bunch (FFB) yield and oil extraction rate (OER).

20/03/2012 (Reuters) - Malaysian palm oil futures ended lower on Monday as investors booked profits on concerns the market was overbought, although losses were capped by upbeat demand prospects and soybean supply fears in drought-hit South America.

20/03/2012 (Bloomberg) - Palm oil advanced on signs of increasing demand from China, the world’s biggest cooking oil user, and as gains in crude oil increased the appeal of vegetable oils as biofuels.

20/03/2012 (Economic Times) - Crude palm oil futures prices rose by Rs 2.50 to Rs 583.80 per 10 kg today as speculators created fresh positions on the back of rising spot demand.