Archived News
28-04-2010
Planters likely to post lower quarterly earnings
28/04/2010 (The Star Online) - PRICES of crude palm oil (CPO) and rubber may have spiralled upwards in the past three months, but local plantation companies are expected to post sequentially lower earnings for the quarter ending March 31 following over 20% drop in palm oil production nationwide.
28-04-2010
Neste Oil Begins Trials of Neste Green 100% Renewable Diesel
27/04/2010 (Future Cars) - Neste Oil has begun trials of their Neste Green 100 diesel replacement made from palm oil. The field trials will include vehicles of Neste employees as well as private citizens in the Helsinki, Finland area.
28-04-2010
Heat on Indonesian palm oil firm
27/04/2010 (Al-Jazeera) - Two leading consumer-goods companies, Unilever and Nestle, have stopped buying palm oil for use in its products from Indonesia's largest producer, Sinar Mas.
28-04-2010
Palm Oil Falls First Day in Four as Substitution Demand Eases
27/04/2010 (Bloomberg) - Palm oil fell for the first time in four days as the outlook for substitution demand eased after its discount to rival soybean oil narrowed.
27-04-2010
Palm Oil Ends Up as Fall in Exports Slows
26/04/2010 (Flex News Food) - Malaysian palm oil futures rose 0.8 percent on Monday to a two-week high, tracking stronger soyoil and crude oil markets, after the latest trade data showed that a decline in Malaysia's palm oil exports slowed.
27-04-2010
Palm Oil Climbs to Highest Since April 9, Tracking Oil\'s Gain
26/04/2010 (Bloomberg) - Palm oil advanced as crude oil rose for a third day, boosting the appeal of vegetable oils used in biofuels as alternative energy.
27-04-2010
Palm oil is safe for consumption says Malaysian Palm Oil Council
26/04/2010 (The Star Online), Moscow - Malaysian Palm Oil Council (MPOC) reiterated that palm oil is safe for consumption as well as the environment despite the negative news on palm oil, chief executive officer Tan Sri Dr Yusof Basiron said.
27-04-2010
Palm oil price to rise due to dry weather
26/04/2010 (Gulf News), New Delhi - Palm oil may advance in the second half as dry weather caused by El Nino pares output in Malaysia and Indonesia, according to Godrej International.
27-04-2010
United Malacca to maintain dividend payout at 50%-60%
26/04/2010 (The Edge Malaysia), Kuala Lumpur - UNITED MALACCA BHD is expected to maintain its level of dividend payouts over the next few years, said its CEO Dr Leong Tat Thim.
26-04-2010
The good oil on labels
25/04/2010 (The Mosman Daily) - TARONGA Zoo is pushing the Federal Government to legislate to label palm oil in all food products, as part of an international campaign to save Sumatran tigers from habitat destruction.
26-04-2010
Vegetable oils up on millers buying, global cues
24/04/2010 (The Economic Times, India) - NEW DELHI: Select vegetable oil prices continued to rise in the wholesale oils and oilseeds market, during the week, on increased buying by vanaspati millers amid a firming trend in the overseas markets.
25-04-2010
Palm Oil May Climb ‘Substantially’ on Dry Weather
25/04/2010 (Bloomberg) - Palm oil may advance in the second half as dry weather caused by El Nino pares output in Malaysia and Indonesia, according to Godrej International Ltd.