Archived News

30/12/2011 (Bloomberg) - Palm oil dropped after a rally to the highest level in more than a month prompted some investors to lock in gains, and as soybeans, crushed to make a competing cooking oil, declined.

30/12/2011 (MSN) - Crude palm oil prices rose by 0.13 per cent to Rs 547 per 10 kg in the futures market today on the back of a pick-up in demand in the spot market and tight supply from producing regions.

30/12/2011 (Business Times) - Malaysia can expect record high plantation commodity exports this year as global demand for palm oil, rubber and pepper surpasses supply.

30/12/2011 (Business Times) - Malaysian palm oil will fall to 3,140 ringgit per tonne, as a five-wave cycle has completed.

30/12/2011 (Bloomberg) - Rapeseed production in India, the world’s second-largest importer of cooking oils, may decline this year as winter rains elude the nation’s biggest growing region, hampering crop sowing, a processors’ group said.

30/12/2011 (Daily Star) - The government is likely to reset cooking oil prices, as traders are selling soybean oil at prices higher than the rate fixed earlier.

30/12/2011 (Jakarta Post) - Environmental groups predict that land disputes over mining and plantation activities will intensify throughout the country in the coming months and they have called on President Susilo Bambang Yudhoyono to immediately audit the operation of palm oil and mining companies.

30/12/2011 (Business Recorder) - The Karachi Port handled 96,198 tonnes of cargo comprising 81,678 tonnes of import cargo and 14,520 tonnes of export cargo including 2,381 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday.

30/12/2011 (Hindu Business Line) - Most edible oils gained here despite crude palm oil (CPO) futures dropping on the Bursa Malaysia Derivatives (BMD) Exchange on Thursday.

30/12/2011 (World Press) - If there were any doubts about the fierceness of the debate over Indonesia\'s palm oil controversy, they were silenced effectively outside the Jakarta\'s House of Parliament on December 21.

30/12/2011 (Reuters) - Malaysian crude palm oil futures dropped on Thursday in cautious year-end trading, butlosses were limited by worries that heavy rains may hit production in second-largest producer Malaysia.

29/12/2011 (Bloomberg) - Palm oil climbed to the highest level in more than a month on concern that rains in Indonesia and Malaysia, the biggest growers, will disrupt harvests and as dry weather threatened to trim soybean crops in South America.