Archived News

05/03/2010 (The Star Online), Kuala Lumpur - Malaysia’s palm oil futures jumped as much as 1.9% to two-month highs yesterday as traders took positions ahead of a key industry conference due next week, expecting a flow of bullish news.

05/03/2010 (Solomon Times Online) - The Minister of Agriculture and livestock Development, Selwyn Riumana told the new Malaysian High Commissioner to Solomon Islands, Madame Blanche Olbery, of the massive investment opportunities in the Oil Palm Industry.

05/03/2010 (Interactive Investor) - Palm oil is a controversial subject for investors as the prospect of decent returns from this fast-growing area is offset by environmental concerns.

05/03/2010 (Flex News), Jakarta - Singapore-listed Indofood Agri Resources Ltd (IndoAgri) expects to more than double its new oil palm plantings in 2010, as part of $200 million of capital spending slated for this year, its chief executive said on Friday.

05/03/2010 (Go All Over) - So far debates about the future of the palm oil industry have focussed upon reducing the impact on Indonesia’s rainforest and the orang-utan that inhabit them.

05/03/2010 (Tempo Interactive), Jakarta - The government will increase crude palm oil transportation capacity in North Sumatra this year.

05/03/2010 (Bloomberg) - Malaysia’s exports surged by the most in more than 11 years in January as manufacturers shipped more goods to China and Europe amid a global economic recovery.

05/03/2010 (The Jakarta Post) - The Netherlands has agreed to provide Indonesia with capacity building programs to help deal with a new European Union directive on imports of crude palm oil (CPO).

05/03/2010 (Bloomberg) - Palm oil futures in Malaysia was set for the biggest weekly gain in nine on speculation that supplies may decline from Indonesia and Malaysia, the top producers.

05/03/2010 (Daily Times), Karachi - Taking advantage of enhanced prices of palm oil in the international market, Utility Stores Corporation (USC) has made an upward revision in the prices of ghee and cooking oil at all its 140 outlets in Karachi like elsewhere across the country.

05/03/2010 (Flex News Food), Jakarta - Indonesia has delayed a new trade rule covering payment for exports by up to six months because of strong opposition from exporters, Trade Minister said on Thursday.

03/03/2010 (Bloomberg) - Palm oil gained on speculation that demand will increase as the global economy recovers and output growth may be curbed as El Nino parches plantations.