Berita Arkib
29-12-2016
VEGOILS-Palm Hits Its Highest in More Than A Week
29/12/2016 (Reuters) - Malaysian palm oil futures rose to their highest in one-and-a-half weeks on Wednesday, marking a second consecutive session of gains, helped by tight supplies and improving exports.
29-12-2016
PSQCA Clarifies Regarding Vegetable Ghee, Cooking Oil
29/12/2016 (Pakistan Observer) - Pakistan Standards and Quality Control Authority (PSQCA) is the sole National Standards Body (NSB) of Pakistan. It is mandated under the PSQCA Act VI of 1996 to check the quality of products declared mandatory and bring them under compulsory certification through SROs. Presently 108 products stand declared as ‘mandatory’, including Edible Cooking Oil and Ghee.
29-12-2016
No Synergy Seen in Felda’s Eagle High Buy
29/12/2016 (The Edge) - More questions are being raised on the rationale for the purchase of a 37% non-controlling stake by Federal Land Development Authority (Felda) in Indonesia’s PT Eagle High Plantations Tbk as there would be no unlocking of value for Felda. In fact, the US$505.4 million or RM2.26 billion investment should be spent on Felda’s locally listed arm Felda Global Ventures Holdings Bhd (FGV).
29-12-2016
Govt Asked to Reduce Taxes on Edible Oil Imports
29/12/2016 (The Nation) - Chairman Businessmen Panel and Pakistan Business Group Alliance of FPCCI Mian Zahid Hussain, FPCCI Presidential Candidate Abdul Rahim Janoo, FPCCI Candidate for SVP Mian Anjum Nisar and Chief Convener Election Cell Syed Abdul Waheed Shah on Tuesday said that the government should consider reducing taxes and duties on import of edible oil to promote this sector.
28-12-2016
VEGOILS-Market Factors to Watch Dec 28
28/12/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
28-12-2016
Rotterdam Vegetable Oil Prices
28/12/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:
28-12-2016
VEGOILS-Palm Gains 2 Pct on Slower Export Decline, Stronger Soy
28/12/2016 (Reuters) - Malaysian palm oil gained 2.2 percent by the end of Tuesday's trading day, buoyed by data showing a slower decline in exports and improved sentiment for rival oils on Dalian and CBOT.
28-12-2016
Malaysia's Felda Faces Criticism Over 'Expensive' Indonesian Palm Deal
28/12/2016 (Reuters) - Malaysia's Federal Land Development Authority (Felda) came under mounting criticism on Tuesday for its plans to purchase a stake in Indonesian palm oil firm PT Eagle High Plantations Tbk in what critics have called an overpriced deal.
28-12-2016
Indian Soyaoil Futures Rise
28/12/2016 (Reuters) - Indian soyaoil futures rose on Tuesday, tracking gains in Malaysian palm oil and other overseas markets. The Dalian soyabean oil contract for May rose 1.8 percent, while the March soyabean oil contract on the Chicago Board Of Trade was up 1.3 percent. Malaysian palm oil gained 2.2 percent, buoyed by data showing a slower decline in exports.
28-12-2016
New Acquisition to Boost HSP’s Future Output
28/12/2016 (Borneo Post) - Hap Seng Plantations Holdings Bhd’s (HSP) outlook for 2017 has been viewed positively by analysts, given the prospects of various factors, which includes new acquitions, that are expected to boost its future output.
28-12-2016
Oil Making Industry Capacity Drops to 35Pc
28/12/2016 (Zimbabwe Daily) - Capacity utilisation in the cooking oil manufacturing industry has plunged to below 35 percent largely due to failure to secure adequate foreign currency to import raw materials.The manufacturers have since approached the Reserve Bank of Zimbabwe to lobby for an increase in foreign currency allocation to prevent further drop in capacity utilisation in the oil processing industry.
28-12-2016
Cooking Oils Turn Hot on Weaker ₹
28/12/2016 (Hindu Business Line) - Edible oils market gained on firm overseas futures amid weak domestic rupee which makes imports costlier. Local refineries increased their rates for palmolein by ₹5-10 per 10 kg. Indigenous oils too gained on positive reports from producing centres.