Latest News

MARKET DEVELOPMENT
02-08-2016

Promising Long-term Outlook For Palm Oil

02/08/2016 (The Star) - Despite a neutral stance on the palm oil sector, investors are generally keen on the sectorâ€™s long-term outlook but less bullish on its near term prospect, says CIMB Research.

MARKET DEVELOPMENT
02-08-2016

Palm Oil Will Consolidate, Rise

02/08/2016 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday supported by rising demand and rebounding soya prices. Exports of Malaysian palm oil products for July rose 15.4 per cent to 1,283,050 tonnes from 1,111,413 tonnes shipped during June, cargo surveyor Societe Generale de Surveillance said.

MARKET DEVELOPMENT
02-08-2016

Indonesia, Malaysia Express Concern Over Non-tariff Barriers on Oil Palm Products

02/08/2016 (Borneo Post) - Indonesian and Malaysian ministers expressed concern over the evolving non-tariff barriers on palm products in major importing countries during their bilateral talks held in Jakarta today.

MARKET DEVELOPMENT
02-08-2016

Kerala Oil Traders Urge Govt to Remove Tax on Coconut Oil

02/08/2016 (Hindu Business Line) - The Cochin Oil Merchants Association (COMA) has approached the Subject Committee (Economic Affairs), Kerala Legislative Assembly, seeking withdrawal of the five per cent tax on coconut oil imposed in the State budget.

MARKET DEVELOPMENT
02-08-2016

Shipping Activity at Port Qasim

02/08/2016 (APP) - Shipping activity remained active at the Port where three ships C.V MSC Rachele, M.T G.T Star and M.T Liberty-n carrying Containers, Palm oil and LPG were arranged berthing at Qasim International Container Terminal, Liquid Cargo Terminal and Engro Vopak Terminal respectively on Sunday, 31st July-2016.

MARKET DEVELOPMENT
02-08-2016

Crude Palm Oil Futures Gain 0.55% on Strong Demand

02/08/2016 (Business Standard) - Crude palm oil advanced by 0.55 per cent to Rs 493.40 per 10 kg in futures market today as participants engaged in enlarging their positions, tracking a firm trend at spot market on rising demand.

MARKET DEVELOPMENT
02-08-2016

Malaysia-Indonesia Agree on Complete Settlement of Sulawesi Sea Issue

02/08/2016 (Astro Awani) - Malaysia and Indonesia have agreed to settle the issue of Sulawesi Sea waters completely as it had been deferred for too long.

MARKET DEVELOPMENT
02-08-2016

Rotterdam Vegetable Oil Prices

02/08/2016 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

MARKET DEVELOPMENT
01-08-2016

Reinventing Felda Global Ventures

01/08/2016 (The Star) - As the third chief executive officer in four years to take the reins of Felda Global Ventures Holdings Bhd (FGV), Datuk Zakaria Arshad has wasted no time in distinguishing himself from his predecessors.

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