|
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Edible Oils Slip on Poor Demand
05/08/2014 (Hindu Business Line) - The edible oils markets ruled weak on Monday, tracking bearish futures amid less than expected demand. Malaysian palm oil futures closed lower on expectation of higher production and lower exports in July. Tracking bearish reports from overseas local refineries have reduced their rates by ₹2-3. As a result, on the Bombay Commodity Exchange imported palmolein and soyabean refined oil declined by the same margin. Sunflower and cotton refined oil dropped by ₹3-4. Groundnut and rapeseed oil were steady, said sources.
Crude Palm Oil Weekly Report – August 3, 2014
04/08/2014 (Borneo Post) - Malaysian palm oil futures edged higher on Friday, after few weeks of decline due to weaker local currency which has supported the futures crude palm oil (FCPO) prices.
RI Mulls PTA with Turkey to Boost Bilateral Trade
04/08/2014 (Jakarta Post) - Indonesia plans to set up a preferential trade agreement (PTA) with Turkey, aiming to boost the shipment of commodities and push up exports to US$2 billion in the near future.
Investing in Oil Palm Production
04/08/2014 (BusinessDay) - Processing of oil palm is a viable investment because raw materials can be sourced at ease, the production technology is simple and feasible, and the market for end-products are automatic. Establishment of the plant will have a direct impact on the development of the rural sector. This can be argued on the premise that farm products, that is, fresh fruit bunches will be in high demand. At lot of investors are now establishing oil palm plantation because there is automatic market for palm products.
FGV Scouting for Logistics Company to Acquire
04/08/2014 (The Star) - FELDA Global Ventures Holdings Bhd (FGV), the world’s largest palm oil producer, is exploring more options to unlock value and monetise its transport and logistics division, say sources.
Analysts Positive on Sime Darby Potential Papua New Guinea Foray
04/08/2014 (The Sun Daily) - Analysts view the selection of Sime Darby Bhd as the preferred bidder of Kulim (Malaysia) Bhd's equity interest in New Britain Palm Oil Ltd (NBPOL) as a good opportunity for the conglomerate to make its entry into Papua New Guinea.
Lower Export Tariff Sought for Refined Palm Oil
04/08/2014 (Jakarta Post) - A palm oil industry group has demanded that the government cut the export duty on processed palm oil to help boost shipments amid new challenges in overseas markets.
Investors See Favourable Outlook for Malaysia’s Growth
04/08/2014 (Borneo Post) - Regional and local investors are mainly positive about Malaysia’s economic outlook, but some have expressed their concerns on the country’s household spending and high overall public debt.
ANZ, GPPOL Dismiss Report
04/08/2014 (Solomon Star) - The Chief Executive Officer (CEO) of Australian and New Zealand owned Bank (ANZ) and the Guadalcanal Plain Palm Oil limited (GPPOL) denied the reports that the attempt robbery at GPPOL targeted ANZ.
