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MARKET DEVELOPMENT  
  07-03-2014

Total January 2014 Trade Rises 9.8 Per Cent To RM121.59 Billion

07/03/2014 (Bernama) - Malaysia's total trade in January 2014 rose 9.8 per cent to RM121.59 billion from RM110.72 billion in the same month a year ago, the Ministry of International Trade and Industry (MITI) said.

MARKET DEVELOPMENT  
  07-03-2014

Palm Inventories in Malaysia Seen Dropping to Five-Month Low

07/03/2014 (Bloomberg) - Palm oil stockpiles in Malaysia, the world’s biggest grower after Indonesia, probably tumbled last month to the lowest level since September as production declined to a one-year low, a Bloomberg survey showed. Futures climbed to the highest level since 2012.

MARKET DEVELOPMENT  
  07-03-2014

Plantations Climb on Bright Outlook for CPO Prices

07/03/2014 (The Star) - Plantations advanced on Thursday, buoyed by the positive outlook for crude palm oil, underpinning the near 10-point gain by the FBM KLCI.

MARKET DEVELOPMENT  
  07-03-2014

World Food Prices Jump Most in 19 Months as Oils and Grains Rise

07/03/2014 (Bloomberg) - World food prices rose 2.6 percent in February, the biggest jump in 19 months, as prices for cooking oils, grains, dairy and sugar all rose, the United Nations’ Food & Agriculture Organization said.

MARKET DEVELOPMENT  
  07-03-2014

Wilmar Assures S'wak it Will Continue to Buy Crude Palm Oil

07/03/2014 (The Star) - A senior state minister from Sarawak disclosed that Wilmar International Ltd, which kicked up a storm three weeks ago with its new outsourcing policy, has given the assurance that it would continue to procure crude palm oil (CPO) from planters in the state even though the plantations were on peat land.

MARKET DEVELOPMENT  
  07-03-2014

Singapore Index up for 3rd Day Straight; Led by Palm Oil Stocks

07/03/2014 (Reuters) - Singapore stocks were headed for their third session of gains on Thursday, led by palm oil companies as a strong rise in the edible oil boosted their shares.

MARKET DEVELOPMENT  
  07-03-2014

Investors Chase Palm Oil Shares After Bullish CPO Price Forecasts

07/03/2014 (The Star) - Plantation stocks were actively traded on Bursa Malaysia yesterday, following the bullish projection by world palm oil experts that crude palm oil (CPO) prices are set to reach the RM3,000-per-tonne level by the second half of this year.

MARKET DEVELOPMENT  
  07-03-2014

Palm Oil Market Factors to Watch March 7 (Friday)

07/03/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

MARKET DEVELOPMENT  
  06-03-2014

VEGOILS-Palm Oil Climbs to 17-Month High as Dry Weather Supports

06/03/2014 (Reuters) - Malaysian palm oil futures hit a 17-month high on Wednesday, supported by expectations that the dry weather will hurt Southeast Asian production and as key analysts gave bullish price outlooks at an industry gathering.

MARKET DEVELOPMENT  
  06-03-2014

Malaysian Palm Prices Seen Capped at 3,000 Rgt by Mid-2014 -Analyst Fry

06/03/2014 (Reuters) - Malaysian crude palm oil futures could be capped at 3,000 ringgit per tonne by the middle of this year as a recent rally in prices prompts buyers to switch to rival edible oils, a top industry analyst said on Wednesday.

MARKET DEVELOPMENT  
  06-03-2014

WRAPUP 1-Dry Weather, Biofuel Mandate to Boost Palm Prices in 2014

06/03/2014 (Reuters) - Palm oil futures are set to climb for a second year, driven by crop damaging dry weather and Indonesia's higher biodiesel mandate, although bumper global oilseed supplies and weak demand from key consumers could cap gains.

MARKET DEVELOPMENT  
  06-03-2014

Greenpeace Satirizes P&G Over Palm-oil Deforestation

06/03/2014 (PR Week) - Greenpeace has parodied Procter & Gamble's Thank You, Mom ad campaign and festooned the CPG giant's global headquarters in Cincinnati with massive posters accusing its supply chain of deforestation and the death of wildlife.