Latest News

MARKET DEVELOPMENT
25-05-2017

Najib Announces RM510Mil Allocation For Palm Oil Smallholders

25/05/2017 (The Star) - Prime Minister Datuk Seri Najib Tun Razak has announced an allocation of RM510mil for oil palm replanting and new crop planting for smallholders as part of celebrations commemorating 100 years of commercial oil palm planting in Malaysia.

MARKET DEVELOPMENT
25-05-2017

Crude Palm Oil Futures Remain Weak, Shed 0.62 Pc on Low Demand

25/05/2017 (Daily News & Analysis) - Crude palm oil prices fell by 0.62 per cent to Rs 511.30 per 10 kg in futures trading today as speculators engaged in reducing positions, triggered by easing demand in the spot market.

MARKET DEVELOPMENT
25-05-2017

Palm Oil, Rubber NKEA To Pursue New, Existing Initiatives To Enhance Productivity

25/05/2017 (Bernama) - The Palm Oil and Rubber New Economic Area (NKEA) will continue to pursue new and existing initiatives to increase productivity and improve the livelihood of stakeholders in the upstream industry, as well as further add value in the downstream.

MARKET DEVELOPMENT
25-05-2017

FGV Rents Out Land To Implement Watermelon Farming Project

25/05/2017 (Bernama) - Felda Global Ventures Holding Berhad (FGV) has rented out 125 hectares of its land in Felda Palong 21 here to Syarikat C Senhuat Sdn Bhd which will use it to implement a watermelon farming project.

MARKET DEVELOPMENT
25-05-2017

European Parliament Meets Economic Affairs Minister

25/05/2017 (Tempo.co) - Representatives of the European Parliament (EP) meets with Coordinating Minister for Economic Affairs Darmin Nasution today, May 24, to discuss the economy, trade and investment between the European Union (EU) and Indonesia.

MARKET DEVELOPMENT
25-05-2017

VEGOILS-Market Factors to Watch May 25

25/05/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT
25-05-2017

VEGOILS-Palm Hits Near 3-Week Low Tracking Weaker Rival Soyoil

25/05/2017 (Reuters) - Malaysian palm oil futures fell more than 1 percent on Wednesday evening, dipping to their lowest in nearly three weeks, as they tracked weaker-performing soyoil on the Chicago Board of Trade and China's Dalian Commodity Exchange.

MARKET DEVELOPMENT
25-05-2017

Ta Annâ€™s Plantations Division to Drive Growth

25/05/2017 (Borneo Post) - Ta Ann Holdings Bhdâ€™s (Ta Ann) first quarter of 2017 (1Q17) results came above expectations, driven by its plantations division which is also expected to continue supporting the groupâ€™s growth going forward.

MARKET DEVELOPMENT
25-05-2017

Indonesia Extends Ban on New Licences to Clear Forests

25/05/2017 (Today Online) â€“ Indonesian President Joko Widodo has approved a two-year extension to a moratorium on issuing new licences for land earmarked as primary forest and peatland, the Environment and Forestry Minister said yesterday.

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