Berita Arkib

15/03/2014 (Hindu Business Line) - Commodity market regulator Forward Markets Commission has extended trade timings in a few internationally-linked agriculture commodities up to 11.30 pm and directed exchanges to discontinue trading in agriculture commodities on Saturdays.

15/03/2014 (Business Recorder) - Friday's Rotterdam vegetable oil prices at 1700 GMT.

15/03/2014 (Biofuels International) - Indonesia's Pertamina is set to offer a third tender to buy palm oil for biodiesel blending, before the end of April.

15/03/2014 (Peacefmonline.com) - Eleni, a private company positioned as the premier commodity exchange promoter in Africa, has announced today the formation of a private-public investment consortium to finance the establishment of the Ghana Commodity Exchange (GCX).

14/03/2014 (Reuters) - India's palm oil imports fell to 403,685 tonnes in February from 555,446 tonnes in the previous month, its second straight monthly drop, data from the Solvent Extractors' Association of India (SEA) showed on Friday.

14/03/2014 (Hindu Business Line) - High volatility in futures market amid slack physical demand kept volume thin on the edible oils markets.

14/03/2014 (Asia Times) - Multinational food giant Mars has unveiled a new set of guidelines aimed at ensuring that its palm oil supply lines are completely traceable and sustainable by next year. Global demand for palm oil has increased substantially in recent years, for use in both foods and household goods. Yet the industry, overwhelmingly centered in Malaysia and Indonesia, has been rife with environmental and labor problems.

14/03/2014 (Indonesia Investments) - Prices of certain food commodities increased significantly due to a combination of political tensions in Ukraine, weak harvests and a possible new El Niño cycle (periodical warm ocean water temperatures off the western coast of South America that can cause climatic changes across the Pacific Ocean). El Niño is a well known weather phenomenon that occurs once every five years on average. However, its impact on the weather, harvests and the world varies; it can pass almost unnoticeable (such as in 2010) but it can also be felt worldwide.

14/03/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives Exchange ended higher on Monday, touching an 18 month-high after production in Malaysia dropped to the lowest since April 2012, eroding stockpiles further. Dry weather curbed palm oil output by 14.25 per cent compared with January. Output could be lower due to the lagged effects of a drought in May to June last year. CPO active month futures are moving perfectly in line with our expectations. As mentioned in the previous update, though prices are showing some exhaustion signs, but still remains strongly poised to make multi-month highs. Prices hit a high of ringgit 2,910/tonne. The rally could extend to 2,935-45 levels immediately. But, from there it could find resistance and correct subsequently. A corrective dip to ringgit 2,805-10levels are expected and this could hold support and once again revisit recent highs or even higher. An ideal target now lies at 2,990-95 from where a strong correction can be expected. Only a close below 2,730 could postpone our bullish expectations. Favoured view expects supports to hold and prices to test the potential targets mentioned above.

14/03/2014 (Renewable Energy Magazine) - Sarawak Energy, Borneo’s state energy provider, has announced the signing of the Sarawak’s first Renewable Energy Power Purchase Agreement (REPPA) on 4 March 2014 between Sarawak Energy and Olive Energy Sdn Bhd

14/03/2014 (The Star) - RHB Research maintains its Overweight outlook on plantations and it expects better quarters ahead on the back of rising crude palm oil (CPO) prices and lower production costs.

14/03/2014 (Bernama) - Daily turnover for crude palm oil futures contract, the star product on Bursa Malaysia Derivatives, reached a historical high of 71,678 contracts on March 12, 2014.