Berita Arkib

16/12/2013 (Borneo Post) - Malaysian palm oil futures (FCPO) dropped to their lowest for the week on Friday as it stretched losses into its fifth straight session as weakness in competing soy markets fuelled worries of a shift in demand from the tropical oil.

16/12/2013 (Hindu Business Line) - Malaysian palm oil futures on BMD ended lower Friday, as weakness in competing soy complex stoked worries of a shift in demand from Palm oil. Data from cargo surveyors showed that Malaysian palm oil exports fell by as much as 26 percent for the Dec. 1-10 period compared to a month ago, as buyers remained on the sidelines due to high prices. Market participants will be watching for export data for the first half of December, to be released by cargo surveyors on Monday, for more trading cues. Softer demand for palm oil, typical towards the year-end as palm solidifies in winter, have pressured palm prices to some extent.

16/12/2013 (Premium Times) - The Nigerian government said it would supply 73 motorised harvesters at subsidised rates to farmers, to boost oil palm production in the country.

16/12/2013 (Bloomberg) - Palm oil shipments by Indonesia, the world’s largest producer, probably advanced to the highest level in nine months in November.

16/12/2013 (Eleven Myanmar) - Representatives from the edible oil industry are calling on the government to increase domestic production to meet the local demands.

16/12/2013 (The Star) - Plantation conglomerate Felda Global Ventures Holdings Bhd (FGV) is in negotiations to acquire SPC Biodiesel Sdn Bhd, an “idle” biodiesel plant in Lahad Datu, Sabah, sources said.

16/12/2013 (Mail Tribune) - Do you ever stand in the grocery store aisle paralyzed with indecision as you stare at the multitude of vegetable-oil bottles?

16/12/2013 (Bloomberg) - Malaysia, the world’s second-largest palm oil producer, left a tax on exports of the crude variety unchanged after stockpiles jumped to the highest since March.

16/12/2013 (Bloomberg) - Palm oil swung between gains and losses as Malaysia announced that it will maintain export taxes in January, countering speculation that lower shipments from the second-largest producer this month may boost stockpiles.

14/11/2013 (Reuters) - Malaysian palm oil futures dropped to their lowest in more than three weeks on Friday, stretching losses into a fifth straight session, as weakness in competing soy markets stoked worries of a shift in demand from the tropical oil.

14/12/2013 (Bloomberg) - Palm oil imports by China, the second-biggest buyer, may increase to the highest since April this month as consumption gains before a traditional holiday, according to a Bloomberg News survey.

13/12/2013 (Hindu Business Line) - The Andhra Pradesh Government’s move to hike the price for oil palm will spell doom for the industry in the country, according to oil palm processors.