Archived News
01-02-2011
Ranau Smallholders Benefit From RM297 Million Oil Palm Planting And Replanting Schemes
31/01/2011 (Bernama), Ranau - Smallholders in more than 10 cillages in the Ranau district have become the first to benefit from the government's RM297 million Oil Palm Smallholders Replanting and New Planting schemes.
01-02-2011
Malaysia\'s Johor delays 30,000 T of palm oil as floods rise-trade
31/01/2011 (Reuters) - Planters in Malaysia have delayed 30,000 to 40,000 tonnes of the vegetable oil over the past two days as floods cut off access roads in a key producing region, traders said on Monday.
01-02-2011
Soya Oil Settles Sharply Higher On Firm CPO
31/01/2011 (IIFL) - Domestic refined soya oil futures gained massively on short covering lead by sharp gains in Malaysian palm oil futures. The NCDEX refined soya oil for the February delivery traded in the range of Rs. 659.90-653.45 per 10 kg. The contract ended the day higher by Rs. 5.55 or 0.85% at Rs. 658.65 per 10 kg and the open interest dipped 12.67% to 75890 tonnes, indicating short covering.
31-01-2011
Floods in Malaysia delay palm oil deliveries, prices climb
31/01/2011 (Futures Pros), Kuala Lumpur - Rain-driven floods have disrupted Malaysian oil palm estates from transporting the vegetable oil to refineries and ports, which may trigger a supply squeeze and boost prices.
31-01-2011
Defunct biodiesel plants get new lease of life
31/01/2011 (Eco-Business.com), Singapore - Defunct first-generation (1-G) biodiesel plants - which became uneconomical when palm oil prices soared - are being revived as new owners upgrade them to make other products like chemicals used for oil and gas drilling.
31-01-2011
Mature plantation companies expanding abroad
29/01/2011 (The Star Online) - THE insatiable global demand for palm oil, coupled with the lucrative crude palm oil (CPO) prices have made it inevitable for mature oil palm plantation companies to invest in new plantation land overseas.
31-01-2011
Feature: Ghana\'s oil must benefit education and agriculture.
30/01/2011 (My Joy Online) - â€Oil is money and we need money to do the schools, the roads, the hospitals. Even without oil, we are doing so well already. Now, with oil as a shot in the arm, we are going to fly.â€- Former President J.A. Kufuor.
31-01-2011
Malaysia leads way in environmental study of deforestation
30/01/2011 (Malaysia Sun) - As Malaysia prepares to convert around 7,000 hectares of forest into an oil-palm plantation, ecologists are starting one of the biggest environmental projects ever run.
31-01-2011
Focus on hard assets; energy may remain volatile with upwards bias in near term
31/01/2011 (Daily News & Analysis) - The markets witnessed a lower turnover week (higher if the pro-rata adjustment for a holiday is made) as the traders displayed a return bias towards safe haven buying in bullion.
31-01-2011
Scientists to document impact of converting rainforest into oil palm plantations
30/01/2011 (Mongabay.com) - Scientists have partnered with one of the world's largest palm oil producers to measure the impact of converting tropical forest into an oil palm plantation, reports Nature News.
31-01-2011
Imports far short of needs
29/01/2011 (Bangkok Post) - The Commerce Ministry will seek cabinet permission to import another 100,000 tonnes of crude palm olien to further ease the domestic shortage.
31-01-2011
Malaysian Has Good Track Record In Sustainable Development
29/01/2011 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak said Malaysia has a good track record where it comes to sustainable development compared to other countries, despite negative perceptions of certain global quarters when it came to the country's palm oil activity practices.