Archived News

11/08/2011 (The Edge Malaysia) - Key Asian markets rose on Wednesday, Aug 10 following the Federal Reserve's pledge to keep rates near zero for another two years, as well as encouraging economic data from China.

11/08/2011 (MoneyControl.com) - FMCG major Hindustan Unilever (HUL) today said it has increased the prices of one of its soap brands by up to 6% due to high raw material cost.

11/08/2011 (Asia Times) - High prices, mostly linked to price gauging, are spoiling many Bangladeshi Ramadan celebrations despite government efforts to crack down on unscrupulous traders with mobile courts.

11/08/2011 (Agrimoney.com) - The late surge on Wall Street, which drove the Dow Jones Industrial Average to close up 4%, helped Asian shares post, less enthusiastic, gains too. Tokyo's Nikkei index closed up 1.1%.

11/08/2011 (Bloomberg) - Palm oil imports by India, the largest buyer, may climb to a record this year as rising incomes stoke demand for cookies and potato chips, potentially stemming a decline in prices from a more than nine-month low.

10/08/2011 (The Star) - THE battle-hardened Malaysian palm oil industry is in the middle of yet another bruising fight. The theatre of war this time is Australia and the focus is on a proposed legislation that singles out palm oil as a food ingredient.

10/08/2011 (Commodity Online) - In one of the most protracted legal battles in the state of Kerala in South India, palmolein or palm oil import scam is haunting State Chief Minister (CM) Ommen Chandy which took him to the verge of quitting the post.

10/08/2011 (Agrimoney.com) - Oil World provided a ray of hope for prices of palm oil and soybeans even as they set multi-month lows, holding out the prospect of a rebound in Chinese buying.

10/08/2011 (Bloomberg) - GoodHope Asia Holdings Ltd., a Singapore based palm-oil processing company, plans to start a $200 million project in Cameroon, including a 50-hectare (124- acre) plantation, it said in a statement.

10/08/2011 (The STar) - Crude palm oil (CPO) futures resumed its downtrend yesterday to close below RM3,000 per tonne amid weak external factors, such as the US credit-rating downgrade and the debt crisis in European countries.

10/08/2011 (Commodity Online) - Crude Palm Oil futures declined today tracking global markets and on active selling by the traders.

10/08/2011 (Myanmar Times) - Commodity prices have remained largely stable since April, despite the shift to democratic government, large fluctuations in the value of the US dollar and a lift in government pensions, traders said recently.