Berita Arkib
19-03-2014
Imported Edible Oils Fall as Stockists Keep off Market
19/03/2014 (Hindu Business Line) - Baring imported palmolein and soyabean refined oil which declined by ₹1 and ₹5 each for 10 kg respectively, all other edible oils remained unchanged on slack demand.
19-03-2014
Palm Oil Seen by Oil World ‘Bullish’ on Drought in Growing Areas
19/03/2014 (Bloomberg) - Palm oil prices have potential to rise because of drought in Indonesia, Malaysia and Thailand, the top three producers, Oil World said.
19-03-2014
CIMB Research Sees Potential Earnings Boost From FGV M&A Plans
19/03/2014 (The Star) - CIMB Equities Research continues to advise investors to hang on to their Felda Global Ventures (FGV) shares and ride on the potential earnings accretion from its M&A plans and the upswing in crude palm oil (CPO) prices.
19-03-2014
CPO Exports Seen to Rise 10% to $22 Billion in 2014
19/03/2014 (Jakarta Globe) - The Indonesian Palm Oil Association (GAPKI) predicts that 2014 exports of crude palm oil are set to reach $22 billion, up 10 percent from last year, due to a surge in demand and selling price, says Director Fadhil Hasan.
18-03-2014
VEGOILS-Palm Falls To Near 3-week Low on Poor Export Data
18/03/2014 (Reuters) - Malaysian palm oil futures fell to a near three-week low on Monday, stretching their losing streak into a fifth session as a weaker-than-expected export data fuelled worries that the recent price rally would shift demand to cheaper competing edible oils.
18-03-2014
Rotterdam Vegetable Oil Prices
18/03/2014 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1700 GMT.
18-03-2014
CBIP Secures RM46m Oil Mill Project in PNG
18/03/2014 (The Star) - CB Industrial Product Holding Bhd has secured a RM46.01mil contract to build a palm oil mill in Papua New Guinea.
18-03-2014
EPF Takes Contrarian Route Cutting Stakes in Plantations in Bullish Times
18/03/2014 (The Star) - It seems the Employees Provident Fund (EPF) is taking a contrarian view of plantation stocks just as the market is most bullish about the sector.
18-03-2014
Argentina Doesn’t Find Alternative Biodiesel Markets After EU Restriction
18/03/2014 (Buenos Aires Herald) - The United States and Brazil are self-sufficient in biofuel while India and China don’t include soyoil in their energy matrix, the CARBIO lobby laments
18-03-2014
DIT Insists There Are No Palm Oil Imports From Malaysia
18/03/2014 (NTT) -The Director-General of the Department of Internal Trade (DIT), Somchat Soithong has revealed that news, headlining approval by the Ministry of Commerce, to import 20,000 tonnes of crude palm oil from Malaysia is false. He gave an assurance that there has been no such approval to import Malaysian crude palm oil.
18-03-2014
Palm Oil May Test Ringgit 2,990-95
18/03/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives Exchange ended lower on Monday, as prices struggled to stay near 18-month highs after production in Malaysia dropped to the lowest since April 2012. Currently, concerns over demand from the world’s top two importers China and India, ample supply of competing oils such as soya oil and sun oil and the narrowing of palm oil’s price advantage over other edible oils, continue to pressure prices.
18-03-2014
Palm Oil Rich Indonesia Can Become a Global Force in the Biodiesel Industry
18/03/2014 (Indonesia Investments) - Palm Oil Rich Indonesia Can Become Global Force in Biodiesel IndustryIndonesia has the potential to become a global force in the biodiesel industry because of the country’s position as the world’s top producer of crude palm oil (CPO). In 2014, Indonesia’s CPO production is estimated to total 30 million tons. Traditionally, Indonesia exports about 75 percent of its total CPO production, particularly to the giant economies of China and India. As such, this commodity is one of Indonesia's most important foreign exchange earners, apart from coal, in the non-oil and gas sector.