Latest News

MARKET DEVELOPMENT
28-04-2016

Sesame Oil Edges up on Scattered Buying

28/04/2016 (Business Standard) - In restricted activity, sesame oil edged higher by Rs 100 per quintal at the wholesale oils and oilseeds market today on scattered demand from retailers.

MARKET DEVELOPMENT
28-04-2016

March`s Palm Oil Exports Drop By 24 Percent

28/04/2016 (Tempo.co) - Indonesia’s palm oil exports in March dropped by 24 percent compared to February without causing panic among palm oil producers.“[The export volume] was intentionally reduced to meet domestic demands for biodiesel production,” Fadhil Hasan, chairman of the Indonesian Oil Palm Producers Association, said in a press release on Wednesday, April 27, 2016.

MARKET DEVELOPMENT
28-04-2016

Global Plantation Company Commits to Fully Traceable Palm Oil

28/04/2016 (CosmeticsDesign-Asia.com) - With sustainable palm oil a hot topic for the beauty industry, companies are mobilising to meet demand for full traceability, with Golden Agri-Resources (GAR) having just committed to achieve a fully traceable supply chain within the next four years.

MARKET DEVELOPMENT
28-04-2016

East Siang Sets Sight on Oil Palm Industry

28/04/2016 (The Arunachal Times) - Considering the rich potential of oil palm cultivation in the foothills of Arunachal Pradesh and consequent economic gains involved, the state Agriculture Department has implemented oil palm plantation in East Siang and West Siang districts.

MARKET DEVELOPMENT
27-04-2016

VEGOILS-Market Factors to Watch April 27

27/04/2016 (Reuter) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT
27-04-2016

Malaysia Can Reduce CPO Stockpile By Diversifying Into Downstream Activities

27/04/2016 (Bernama) - Malaysia's palm oil stockpile can be reduced if industry players diversify further into downstream production which can provide a more lucrative revenue of about 50 per cent higher than the output from the upstream sector, says the Minister of Plantation Industries and Commodities Datuk Seri Amar Douglas Uggah Embas.

MARKET DEVELOPMENT
27-04-2016

Imported Oils Firm on Bullish Cues

27/04/2016 (Hindu Business Line) - Edible oils market ruled mixed tracking a rebound in Malaysian palm oil futures amid slack demand. Local refineries kept their rates steady.

MARKET DEVELOPMENT
27-04-2016

Indonesian Conglomerate Astra International Q1 Profit Down 22 Pct

27/04/2016 (Reuters) - Indonesian conglomerate PT Astra International Tbk reported a 22 percent drop in first-quarter net profit on Tuesday due to weaker performances at its automotive, mining equipment and financial service units.

MARKET DEVELOPMENT
27-04-2016

VEGOILS-Palm Oil up on Weaker Ringgit, Short Covering Lifted Sentiment

27/04/2016 (Reuters) - Malaysian palm oil futures rose on Tuesday, up from a one-week low touched in the previous session, supported by a decline in the ringgit against the dollar.

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