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CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Rising Malaysia Reserves To Deepen Palm’s Discount To Soyoil
22/09/2012 (Bloomberg) - Palm’s discount to soybean oil, which reached the biggest in four years this month, is poised to widen as output in Malaysia climbs, boosting inventories in the second-largest grower. The tropical oil fell to the lowest level since October 2010.
India\'s 2012/13 Edible Oil Imports To Surge To Record-Expert
22/09/2012 (Reuters) - India's edible oil imports should rise 5.4 percent to a record 10.31 million tonnes in 2012/13, with the entire increase met by palm oil, a leading industry official said on Friday.
Malaysia Produced 80 Million Tonnes Of Oil Palm Biomass Last Year
22/09/2012 (Bernama) - Malaysia produced an estimated 80 million tonnes dry weight of oil palm biomass in 2011, reflecting the importance and significant potential of biomass, said Plantation Industries and Commodities Deputy Minister Datuk Hamzah Zainudin.
Sabah Embarks On Aggressive Green Energy Policies
22/09/2012 (Bernama) - The Sabah government is embarking on aggressive policies to promote large-scale use of renewable or green energy.
Adjudged for Innovation
22/09/2012 (LBT) - Watawala Plantations PLC, a subsidiary of Sunshine Holdings PLC, emerged the winner of the award for Institutional Building at the Asia Pacific HRM Congress (APHC) awards ceremony held in Bangalore, India on the 7th of September. It’s parent Company Sunshine Holdings PLC, a diversified holding company, named amongst the LMD top 50 has interests in Healthcare, Plantations, FMCG, Packaging, Leisure and renewable Energy among other growth industries. The group's key portfolio includes plantation infrastructure across Palm Oil, Tea & Rubber, along with mature Healthcare products in Pharmaceutical, Surgical, Diagnostics & Wellness supported by a dynamic proprietary distribution infrastructure with an island wide reach.
IOI Corp Places Among Most Profitable Planters
22/09/2012 (Borneo Post) - IOI Corporation Bhd’s (IOI Corp) lean production costs for its oil palm plantations place it among the most profitable planters in Malaysia.
Matrix Aims To Be Global Player
22/09/2012 (The Star) - Matrix Flavours and Fragrances Sdn Bhd is Malaysia' largest manufacturer and exporter of chemical flavourings. It has taken Tan Chee Hong chemist, entrepreneur and founder over 35 years to build the company.
Wholesalers Stay Off Falling Edible Oils Market
22/09/2012 (Hindu Business Line) - Imported edible oils continued to make heavy loss tracking bearish Palm oil and Soya oil futures overseas. Palmolein and soya oil lost by Rs 10 and Rs 7 each as local refineries have reduce their rates following sharp drop in Malaysian palm oil futures which closed lower by 82, 82 and 57 ringgits a tone. Cotton refined oil drop by Rs 6 per 10 kgs. In Malaysia people are cashing out on the weather and improve prospects for crops especially in India and U.S. side, said a trader.
VEGOILS-Palm Oil Futures Drop To 11-Mth Low As Inventories Rise
21/09/2012 (Reuters) - Malaysian palm oil futures dropped to their lowest this year on Thursday amid rising inventory levels, while data showing a continued contraction in manufacturing in China -- the world's second biggest edible oils buyer -- also weighed on prices.