Archived News
11-05-2011
ECM Sees CPO Averaging RM3,000 in 2011
11/05/2011 (Business Times) - ECM Libra Capital Sdn Bhd raised its forecast for crude palm oil average prices for 2011 to RM3,000 a metric ton from RM2,700 a ton due to the “high†average prices in the first quarter.
11-05-2011
Export Credit Values Jump: Traders
11/05/2011 (Myanmar Times) - The value of export credits has shot upward in the wake of the Ministry of Commerce decision on April 9 to allow more companies to import palm oil.
11-05-2011
Select Edible Oils Strengthen on Sustained Buying
11/05/2011 (Business Standard) - Select edible oils rose by up to Rs 30 per quintal in the wholesale oils and oilseeds market today on increased offtake by vanaspati millers, supported by a firming global trend.
10-05-2011
Wilmar Expands in Europe With Palm-Oil Refining, Alcohol Plant
10/05/2011 (Bloomberg) - Wilmar International Ltd. (WIL), the world’s biggest palm-oil producer, will partner with a rival to refine and sell cooking oil in Europe, seeking to ease its reliance on China.
10-05-2011
Oil Palm Players Call to Review High Taxes
10/05/2011 (The Star) - Many are aware that the targeted gross national income for the oil palm sector at RM187bil by 2020 from the current RM60bil is considered a tall order by industry practitioners.
10-05-2011
Malaysia May 1-10 Palm Exports up 17Pc: ITS
10/05/2011 (Business Times) - Malaysia’s palm oil exports rose 16.6 per cent in the first 10 days of May from the same period in April, independent market surveyor Intertek said.
10-05-2011
ACCIM To Hold Seminar On ETP
10/05/2011 (Bernama) - The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) will hold a seminar on "How You Can Participate and Benefit From the Economic Transformation Programme (ETP)".
10-05-2011
UPDATE: Equatorial Palm Oil Opens Mill in Liberia; Starts Palm Oil Sales
10/05/2011 (Proactive Investors UK) - Equatorial Palm Oil PLC (LON:PAL) reached a crucial milestone, as Liberia’s first palm oil mill has been opened at the company’s Palm Bay Estate in Grand Bassa County, and it has now begun Crude palm Oil (CPO) sales.
10-05-2011
New Britain Palm Oil and Singaporean Partner in Deal to Target Continental Europe Food Sector
10/05/2011 (Liverpool Daily Post) - New Britain Palm Oil has announced a supply deal with Singaporean plantation owner Wilmar International that could increase capacity at its Liverpool refinery.
10-05-2011
Golden Pharos To Process Oil Palm Husks
10/05/2011 (Bernama) - Golden Pharos Bhd (GPB) plans to go into oil palm husk processing and export its product to China as a material for producing mattresses.
09-05-2011
Palm Oil Companies Hope to Persuade EU to Lower Its Standards for Imports
09/05/2011 (Jakarta Globe) - Indonesian palm oil producers hope the Asean-European Union Business Summit leads to a breakthrough in exports of crude palm oil to Europe, which fell sharply after more stringent environmental regulations were put in place last year.
09-05-2011
Malaysia Promotes Palm Oil in Korea
09/05/2011 (The Korean Times) - With palm oil gaining popularity for its wide range of uses  from cooking to alternative fuel  Malaysia stands ready to supply greater amounts to Korea, an official said.