Berita Arkib

06/03/2017 (Business Standard) - Crude palm oil futures fell for the third straight day today shedding Rs 4.10 or 0.76 per cent to Rs 535.50 per 10 kg as traders reduced their positions amid easing demand in spot market.

06/03/2017 (Business Standard) - Castorseeds bold and castor oil commercial firmed up at the Vashi oils and oilseeds wholesale market in Mumbai on Friday following persistent demand from shippers and soap manufacturing units.

06/03/2017 (Bloomberg) - Palm oil bears are growing in confidence this year with production in the two largest growers expected to surge as plantations recover from the scorching effects of El Nino. The factors that may stand in the way, however, include Donald Trump and a possible early return of El Nino.

01/03/2017 (Human Right First Online)- Here’s wishing the Malaysian oil palm industry success. The Minister in charge of the industry, Datuk Mah, announced last week that the Malaysian Sustainable Palm Oil certification scheme (MSPO) will be mandatory. An aggressive timeline was also set to have all Malaysian supply of palm oil certified by 2019. That’s a very aggressive target as its only two years from now.

Palm oil is found in approximately 50 percent of common grocery and household products. Since 1980, palm oil production has increased significantly and is expected to double again by 2050. Indonesia and Malaysia are the two largest exporters of palm oil, together producing 84 percent of the world’s supply and employing over three million workers.

01/03/2017 (Malaysia Kini Online) - Malaysia has not done enough research on palm oil derived biodiesel although Malaysian palm oil companies are well-poised to take advantage it, according to economist Jomo Kwame Sundaram.

02/03/2017 (Borneo Post Online) - Sarawak is poised to become the second largest oil palm producer in the country.

02/03/2017 ( New Straits Times Online) - Felda Global Ventures Holdings Bhd's (FGV) fourth quarter net profit ended December 2016 settled 21.4 per cent to RM110.60 million from RM140.70 million, dented by lower oil palm fruit harvest and one-off impairments.

02/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

02/03/2017 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:

02/03/2017 (Business Standard) - Crude palm oil prices fell by 0.97 per cent to Rs 541.50 per 10 kg in futures trade today as speculators trimmed their positions on the back of easing demand in the spot market against adequate stocks position.

02/03/2017 (India.com) - Palmolein oil prices drifted lower by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.