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MARKET DEVELOPMENT
24-08-2016

Put More Efforts In Research, Commercialisation Of Palm Downstream Products - Mah

24/08/2016 (Bernama) - Research and commercialisation of palm based downstream products should be further explored to ensure the commodities sector remains sustainable and competitive in the long run, said Minister of Plantation Industries and Commodities Datuk Seri Mah Siew Keong.

MARKET DEVELOPMENT
24-08-2016

Coconut, Sunflower Oil May Be on PDS List

24/08/2016 (Hindu Business Line) - Food and Civil Supplies Minister U.T. Khader on Tuesday said that the government is mulling offering a choice to BPL card holders to buy either sunflower or coconut, or palm oil as their monthly ration.

MARKET DEVELOPMENT
24-08-2016

Malaysian Palm Producer IOI Posts Quarterly Loss

24/08/2016 (Reuters) - Malaysian palm producer IOI Corp posted a quarterly net loss on Tuesday, hurt by foreign exchange losses and lower revenue following the brief suspension of its sustainability certificate by the industry watchdog.

MARKET DEVELOPMENT
24-08-2016

Plantations: Friend or Foe From the Sarawak Perspective

24/08/2016 (Borneo Post) - Sustainability of progress in development should be the common goal of all three entities relevant to the plantation industry â€“ particularly in the oil palm and tree plantation sectors â€“ government, industry and non-governmental organisations (NGOs).

MARKET DEVELOPMENT
24-08-2016

Malaysia Challenges the World Over Palm Oil on Peatland

24/08/2016 (Jakarta Post) - Malaysia is a â€œlone rangerâ€ in Southeast Asia as it fights more or less solo against the majority of environmentalistsâ€™ views that palm oil trees should not be planted on tropical peatland as it is believed to severely affect the local environment and exacerbate global warming.

MARKET DEVELOPMENT
24-08-2016

CIMB Research Sees Stronger Earnings Ahead For Sime Darby

24/08/2016 (The Star) - CIMB Equities Research expects Sime Darby to deliver stronger earnings in FY17, starting July 1, 2016, due to higher crude palm oil (CPO) price and contribution from the UK property Battersea project.

MARKET DEVELOPMENT
23-08-2016

Groundnut Oil Rises as Demand Picks up

23/08/2016 (Business Standard) - Amid pick up in demand from retailers and restricted arrivals from producing belts, groundnut oil prices rose by Rs 200 per quintal at the wholesale oils and oilseeds market today.

MARKET DEVELOPMENT
23-08-2016

Crude Palm Oil Down 0.9% on Profit-booking

23/08/2016 (Business Standard) - Crude palm oil prices drifted lower by 0.94% to Rs 557.60 per 10 kg in futures market today as speculators booked profits at prevailing higher levels amid easing demand in spot market against adequate stocks position.

MARKET DEVELOPMENT
23-08-2016

Palm Oil Prices May Rise to RM3,000 Per Tonne Next Year

23/08/2016 (Astro Awani) - Crude palm oil (CPO) prices may rise to RM3,000 per tonne next year on the back of an increase in demand, especially from India, Deputy Plantation Industries and Commodities Minister Datuk Nasrun Mansur said.

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