Latest News

MARKET DEVELOPMENT
24-07-2013

Palm Oil Edges Lower

24/07/2013 (DAWN.com) - Malaysian palm oil futures edged 0.6 per cent lower in tight trade on Tuesday over demand concerns, although losses were capped by expectations of disappointing output in July that would prevent a sudden rise in stocks.

MARKET DEVELOPMENT
24-07-2013

VEGOILS-Palm Oil Edges Lower, Low Output Hopes Cap Losses

24/07/2013 (Reuters) - Malaysian palm oil futures edged 0.6 percent lower in tight trade on Tuesday over demand concerns, although losses were capped by expectations of disappointing output in July that would prevent a sudden rise in stocks.

MARKET DEVELOPMENT
23-07-2013

\'Weak CPO Export, Drags Ringgit Down\'

23/07/2013 (Business Times) - The weak recovery in the crude palm oil (CPO) export market could be one of the reasons for the continued weak ringgit position, says Maybank FX Research.

MARKET DEVELOPMENT
23-07-2013

SEA Appeals To Government To Exempt Soybean Oil, RBD Palmolein From CTT

23/07/2013 (Economic Times) - The Solvent Extractors' Association of India (SEA), a leading representative of oil and oilseed industry of India, has urged the government to exempt soybean oil, RBDpalmolein, castor oil and cotton seed from Commodity Transaction (CTT).

MARKET DEVELOPMENT
23-07-2013

Indonesia Comes Under Fire for Fires

23/07/2013 (Independent European Daily Express) - With a propensity to devour everything in their path and spiral quickly out of control, leaving behind swathes of scorched earth, forest fires are considered a hazard in most parts of the world. In Indonesia, however, fires are the preferred method for clearing large areas of land for massive plantations of commercial crops.

MARKET DEVELOPMENT
23-07-2013

VEGOILS-Palm Creeps Up on Hopes for Smaller Output Rise

23/07/2013 (Reuters) - Malaysian palm oil futures edged up in rangebound trade on Monday, fed by optimism that output in July could miss initial estimates, although sluggish exports damped investor appetite.

MARKET DEVELOPMENT
23-07-2013

Palm Oil Climbs as Demand Seen Rebounding on Biofuel, Food Use

23/07/2013 (Bloomberg) - Palm oil advanced on speculation that demand may rebound this half as gains in crude oil boost the use of vegetable oils as biofuel feedstock.

MARKET DEVELOPMENT
23-07-2013

Palm Oil Advances as Prices Near Seven-Month Low Boost Demand

23/07/2013 (Bloomberg) - Palm oil climbed for a second day as prices near the lowest level in more than seven months spurred demand from importers.

MARKET DEVELOPMENT
23-07-2013

FELDA Malaysia To Invest in Palm Oil in Pakistan

23/07/2013 (Daily Times) - A technical team of Federal Land Development Authority (FELDA) Malaysia here on Monday presented three investment models for plantation of palm oil trees in Pakistan for itâ€™s commercial operations.

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