Archived News

09/03/2011 (Agrimoney.com) - Palm oil is to lose out to soyaoil in China's import rosters – and the disadvantage would be even bigger were it not for the soaring popularity of instant noodles.

09/03/2011 (Business Times) - The Federal and Sabah state governments have been urged to quickly approve new applications of foreign workers to harvest fresh fruit bunches in the months ahead. This is to enable the industry to achieve the 17.6 million tonnes crude palm oil output target this year.

09/03/2011 (Commodity Online) - The refined soya oil futures trading on a weaker note on Monday on follow through selling and taking cues from weak overseas market.

08/03/2011 (The Star Online) - With crude oil surging passed US$100 a barrel, many are hoping to see the country's stagnant palm-based biodiesel production turning viable again.

08/03/2011 (Moneyweb) - Woolworths has become the first South African company to become a member of the Roundtable on Sustainable Palm Oil. It has publicly committed to using palm oil derived from sustainable sources in the production of its toiletries and foods – but only by 2015.

08/03/2011 (Business Times) - Palm oil prices may average more than RM3,400 (US$1,121) a metric ton in 2011, according to Malaysian Plantation and Commodities Minister Bernard Dompok.

08/03/2011 (Indian Express) - Crude palm oil traded higher by 0.18 per cent to Rs. 556 per 10 kgs in futures trade on Monday as speculators enlarged their positions influenced by a firm global trend.

08/03/2011 (FORDAQ) - In terms of consumer spending on furniture, Europeans and Americans spent an average of US$540 and US$300 per year respectively. However, Malaysians spent only an average of US$40 per year. Although Malaysian furniture is of international standards, most Malaysians prefer imported furniture over domestic products.

08/03/2011 (The Star Online) - Strong growth in the stock market and the rally in commodity prices should augur well for the country's economy this year, said Asian Strategy and Leadership Institute (Asli) chief executive officer and director Datuk Michael Yeoh.

07/03/2011 (The Star Online) - Plantation stocks are back on the radar of most brokerages as rising crude oil prices have given a boost to crude palm oil (CPO), an alternative feedstock for biofuel production.

07/03/2011 (The Guardian) - STAKEHOLDERS in the palm oil sub-sector of the Agriculture industry have charged the Federal Government to uphold the ban on importation of the commodity and its derivatives into the country.

07/03/2011 (Business Times) - Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is expected to strengthen next week with the market looking for clues from the three-day Palm and Lauric Oils Conference & Exhibition Price Outlook 2011, beginning Monday.