Latest News

MARKET DEVELOPMENT
03-01-2013

Palm Oil Gains to Two-Month High as Rains May Disrupt Supplies

03/01/2013 (Bloomberg) - Palm oil advanced to the highest level in two months on speculation that rainfall and flooding may hamper harvesting in Malaysia, helping to draw down record stockpiles in the second-largest producer.

MARKET DEVELOPMENT
03-01-2013

Palm Oil Drops From Two-Month High as Gains Seen Cutting Demand

03/01/2013 (Bloomberg) - Palm oil declined on concern that an advance to the highest level in two months yesterday may further reduce demand, which usually decreases during winter.

MARKET DEVELOPMENT
02-01-2013

CPO Demand Remains Low

02/01/2013 (Tempo Interactive) - The Secretary General of the Indonesian Palm Oil Association (Gapki), Joko Supriyono, projected that prices of crude palm oil (CPO) will not go up this year. Production is expected to grow, but not as fast as last year.

MARKET DEVELOPMENT
02-01-2013

Treating Oil Palms Effectively Company Produces Organic Fertiliser To Combat Wood-Rotting Fungus

02/01/2013 (The Star) - Oil palm plantation owners around the world are facing a threat from the spread of basal stem rot (BSR) caused by the fungus Ganoderma, a disease that causes oil palms to decay from within.

MARKET DEVELOPMENT
02-01-2013

KLK Expects To See Six Plants Running, Indonesia Factories To Commence Ops This Year

02/01/2013 (The Star) - Plantation giant Kuala Lumpur Kepong Bhd (KLK) expects to see operations kick off for three new palm oil mills along with three new refineries in Indonesia this financial year.

MARKET DEVELOPMENT
02-01-2013

Palm Oil Gains to Two-Month High as Rains May Disrupt Supplies

02/01/2013 (Bloomberg) - Palm oil advanced to the highest level in two months on speculation that rainfall and flooding may hamper harvesting in Malaysia, helping to draw down record stockpiles in the second-largest producer.

MARKET DEVELOPMENT
02-01-2013

PPNT To Implement Property Projects Worth RM3 Mln This Year

02/01/2013 (Bernama) - The Terengganu State Farmers' Organisation (PPNT) will implement property projects valued at about RM3 million this year on its own land, says Chairman Sawaluddin Ahmad.

MARKET DEVELOPMENT
02-01-2013

Palmolein hits Rs 500/10 kg

02/01/2013 (Hindu Business Line) - The edible oil market made some gains on Wednesday as stockists continued to build inventories. The continuous buying lifted palmolein to one-month high of Rs 500 for 10 kg. Groundnut and sunflower refined oil increased by Rs 5 each, tracking firm reports from producing centres. Soyabean, rapeseed and cotton refined oil ruled unchanged.

MARKET DEVELOPMENT
02-01-2013

VEGOILS-Palm Slips, Set To Post Worst Annual Loss Since 2008

02/01/2013 (Reuters) - Malaysian palm oil futures fell on Monday, weighed by lower exports although losses were limited by expectations that heavy rains in the world\'s No.2 producer may disrupt production and bring down record high stocks.

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