Archived News

20/04/2011 (Bloomberg) - Palm oil production will increase in 2011, boosting tight supplies, researcher Oil World said in a report today.

20/04/2011 (Business Times) - Palm oil dropped on concern that increasing supplies from Indonesia and Malaysia, the world’s largest growers, may boost cooking oil inventories.

20/04/2011 (Khaleej Times) - Malaysian crude palm oil companies eye the UAE in particular, the GCC countries and the Middle East in general for their better trading partners.

20/04/2011 (ABC Online) - Three of Australia's major zoos say providing better labelling for palm oil will lay the foundations for saving the world's orangutan populations.

20/04/2011 (Bernama)-- MIDF Research has reiterated its positive call on the plantation sector while maintaining the mean crude palm oil (CPO) price at RM3,400 per metric tonne this year.

20/04/2011 (Borneo Post) - All earthwork activities in POIC Lahad Datu will only commence if the environmental impact assessment (EIA) is approved, said Industrial Development Minister Datuk Raymond Tan

20/04/0/2011 (Bernama) - Bursa Malaysia Bhd's pre-tax profit for the first quarter ended March 31, 2011 increased to RM58.196 million from RM39.567 million for the corresponding quarter last year.

20/04/2011 (The Star) - Malaysia must identify and invest in its specific role and leadership position in sustainable oil palm production to utilise the commodity through innovation and generate new wealth for the economy, a professor from a renowned Dutch technical research university said.

20/04/2011 (Xinhua) - China and Malaysia on Tuesday pledged to work more closely in trade and economic areas ranging from machinery and energy to fishery and forestry.

19/04/2011 (Financial Times) - Palm oil groups have known for a long time that the supply of land for planting is running out in Indonesia and Malaysia, the world’s biggest producers, but the question of exactly when has been the focus of recent discussion. So it’s fascinating to see research from Kuala Lumpur based Nomura analyst Ken Arieff Wong, concluding that the deadline could be as little as nine years away.

It is in Australia to voice concerns over the issue.

19/04/2011 (Investors Chronicle) - strong rise in palm oil prices and a return to profitability in the Australian beef cattle operation increased profits for MP Evans last year. And post-tax earnings were further boosted by a 31 per cent rise in profits to over to $13m (£8m) from the group's share in a number of associated ventures.