Archived News

13/02/2012 (Borneo Post) - The Sarawak plantation industry needs more labourers and managers in order to achieve the targeted two million hectares of cash crops by 2020.

13/02/2012 (Bernama) - Malaysia's palm oil output growth for this year is expected to decelerate, on higher-than-expected planting over the past three years, says HwangDbs Vickers Research.

13/02/2012 (BusinessDay) - The present production level of Vegetable Oil in Nigeria cannot meet the demand of Nigerians. There is ban placed on Importation of Vegetable Oil into the country in order to encourage local investors to go into the production of Vegetable Oil.

13/02/2012 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week higher in tandem with the broad gains in the global commodities, an expectation of tighter stock level in the monthly supply and demand reports and the optimism over the debt restructuring agreement in Greece.

13/02/2012 (The Star) - There’s no such thing as a national tree in Malaysia but if ever there has to be one, I would propose the oil palm tree. It may have originated from elsewhere, like the rubber tree, but it has been a miracle tree for this country.

13/02/2012 (Business Recorder) - The Karachi Port handled 101,835 tonnes of cargo comprising 70,158 tonnes of import cargo and 31,677 tonnes of export cargo including 4,363 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday.

11/02/2012 (Reuters) - Malaysian crude palm oil fell on Friday on the back of a bearish U.S. crop report and prospects of slowing demand, although losses were capped by a long-awaited bailout deal for Greece which has yet to be approved.

13/02/2012 (Reuters) - Indonesia, the world's top palm oil producer, would study any approach by Iran to trade by barter, it said on Friday, as tightening sanctions hurt Iran's ability to pay for basic staples.

11/02/2012 (Business Standard) - Tracking a weakening global trend, crude palm oil prices fell by Rs 3.70 to Rs 529.50 per ten kg in futures trading today as speculators offloaded their positions.

11/02/2012 (Borneo Post) - Sarawakian oil palm planter Keresa Plantations Sdn Bhd (Keresa Plantations) has seen improved efficiency as well as productivity in fresh fruit bunch (FFB) output thanks to guidance from the Roundtable on Sustainable Palm Oil (RSPO) as well as co-operative efforts with smallholders.

11/02/2012 (Business Recorder) - Malaysian palm oil will retrace further to 3,084 ringgit per tonne as it has completed a rebound from the Feb. 2 low of 3,036 ringgit.

11/02/2012 (The Star) - Exports of Malaysian crude palm oil (CPO) are losing ground in their traditional markets to shipments from Indonesia owing to the latter's low palm oil export duty, said market analysts.