Archived News

06/02/2012 (Pakistan Observer) - Indonesia’s crude palm oil sales to Pakistan are expected to more than triple this year as a result of a cut in import duties imposed by Islamabad following a trade pact signed on Friday, the Pakistani ambassador said.

06/02/2012 (Jakarta Post) - Indonesia’s palm oil firm PT BW Plantation Tbk (BWPT) booked a 21 percent increase in crude palm oil (CPO) production to 110,771 tons in 2011, driving up its overall output for the year.

06/02/2012 (Business Recorder) - The trend of margarine in our country is on the increase as a substitute of butter. It was discovered in the first half of the 19th century as a result of an announcement by Neopolian III, emperor of France, as a substitute of butter in 1869.

06/02/2012 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak said the proposed listing of Felda Global Ventures Holdings Sdn Bhd (FGVH) is to make Felda more competitive in the international market.

06/02/2012 (Reuters) - Malaysia has issued this year's tax-free crude palm oil export quotas of 3 million tonnes after weeks of delay, sources said on Sunday, ending speculation it would scrap the quota to help its refiners compete with Indonesian rivals.

04/02/2012 (Bernama) - Wah Seong Corp Bhd's (WSC) direct wholly-owned unit, WS Agro Industries Pte Ltd, has signed a subscription and shareholders' agreement with Silvermart Resources Inc and Giant Dragon Group.

04/02/2012 (Reuters) - Malaysian crude palm oil closed higher on last minute short-covering on Friday ahead of a long weekend holiday, reversing earlier losses caused by a stronger ringgit currency that has hurt refiner margins as demand slows.

04/02/2012 (Business Standard) - Crude palm oil futures prices rose by Rs 2.10 to Rs 519.30 per 10 kg today, as speculators created fresh positions on expectations of a rise in demand in the spot market due to marriage season.

04/02/2012 (Hindu Business Line) - Palmolein extended losses for the fourth consecutive day by Rs 2 for 10 kg on Friday, ignoring a rebound in Malaysian crude palm oil from its six-week low.

04/02/2012 (Just-Food.com) - All palm oil present in food products destined for the Belgian market has to be sustainable by 2015, according to a new industry pledge.

04/02/2012 (4-Traders.com) - False and Inaccurate Reports on Liberian Operations.

04/02/2012 (Daily Times) - Two ships loaded/offloaded containers at Qasim International Container Terminal on Thursday, port sources said on Friday. Three more ships carrying containers, bitumen and diesel oil also arrived at outer anchorage of Port Qasim during last 24 hours.