Latest News

MARKET DEVELOPMENT
02-04-2013

CPO Price, Plantation Stocksâ€™ Woes Pile Up On Soybean Inventory Recovery

02/04/2013 (Borneo Post) - Along with already high inventory levels of crude palm oil (CPO), the recovery of soybean stock levels is putting downward pressure on the dwindling selling price for the commodity.

MARKET DEVELOPMENT
02-04-2013

Unremitting Rises in Edible Oil Imports A Major CAD Concern

02/04/2013 (Business Standard) - In step with an economy becoming richer, setting off changes in lifestyle and diet patterns, the use of edible oils per head rises. The advance estimate of national income by the Central Statistics Office for 2012-13 puts per capita income at Rs 68,747, a rise of 11.7 per cent over the previous year. Along with this progress, per capita availability of edible oils rose to 14.5 kg in 2010-11 from 5.8 kg in 1992-93. However, there is not much room for celebration over this.

MARKET DEVELOPMENT
02-04-2013

Can Malaysia Revive Biodiesel, Reduce Palm Oil Stock And Raise CPO Price?

02/04/2013 (The Star) - Many were taken by surprise by the recent launch of Biodiesel Malaysia Sdn Bhd, a consortium endorsed by the Government to spruce up the country's fledgling biodiesel industry.

MARKET DEVELOPMENT
02-04-2013

Palm Oil Prices Poised To Go Down in Surplus Market

02/04/2013 (Hindu Business Line) - Crude palm oil prices have been under intense downward pressure for last several months.

MARKET DEVELOPMENT
02-04-2013

Palm Oil Futures Gain as Decline to Three Month Low Spurs Buying

02/04/2013 (Bloomberg) - Palm oil advanced for the first time in four days as the lowest price at close this year stoked demand among importers.

MARKET DEVELOPMENT
02-04-2013

Palm Oil Posts Q4 Loss in Worst Streak Since \'99

02/04/2013 (Economic Times) - Palm oil declined, capping a fourth quarterly loss in the worst run since 1999, on concern that demand will slow as Europe's debt crisis lingers, boosting inventories in producing nations.

MARKET DEVELOPMENT
01-04-2013

Sarawak To Focus on Innovation To Move Up The Value Chain

01/04/2013 (Borneo Post) - Apart from telecommunication and internet, an innovation led economy requires the combined harnessing of innovation, science, and technology across all economic sectors.

MARKET DEVELOPMENT
01-04-2013

ASEAN, Felda Calls for Duty-Free Palm Oil

01/04/2013 (Live Trading News) - ASEAN, Felda Calls for Duty-Free Palm Oil to Combat Reserves.

MARKET DEVELOPMENT
01-04-2013

Intâ€™l Treaties Warrant Companies To Keep Mum on Ingredients - Fonterra Chief

01/04/2013 (The Nation) - Responding to The Nationâ€™s revelation on milk powder companies keeping mum on their ingredient, Leon Clement,Managing Director of Fonterra Brands in Sri Lanka, broke the ice stating that international food safety standards treaties do not compel milk powder product manufacturers to cite the source of the ingredients in milk products.

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