Berita Arkib

15/08/2013 (Agrimoney.com) - After some arguably bullish statistics, a bearish one.

15/08/2013 (Bloomberg) - Palm oil output in Malaysia surged by the most in 10 months in July, beating analysts’ expectations, while reserves in the world’s second-largest supplier stayed near a two-year low, official data showed. Futures declined.

15/08/2013 (BusinessDay) - Beginning 1950s and till mid-1960s, Nigeria remained the largest producer of crude oil palm world over. It had a market share of 43.0%, supplying 645,000 MT of palm oil, on annual basis, across the globe. The civil war which began in 1967 and lasted till 1970 changed all of that. The war predominantly took place in eastern Nigeria which was the seat of oil palm plantations. The oil palm belt includes the states of Abia, Anambra, Bayelsa, Akwa-Ibom, Cross River, Delta, Eboniyi, Ekiti, Enugu, Ondo, Ogun, Osun, Oyo, Imo and Rivers.

15/08/2013 (Agrimoney.com) - Sipef Group cautioned over a "pretty negative" outlook for palm oil prices, even as data showing a surprise rise in Malaysian inventories halted a revival in values from near-four-year lows.

15/08/2013 (Reuters) - India's refined palm oil imports fell 28 percent in July from a month ago, a leading trade body said, as weakness in the rupee currency made overseas purchases dearer.

15/08/2013 (Bloomberg) - Palm oil imports by India, the world’s biggest buyer, declined for the first time in three months in July after a slump in the rupee to a record low increased costs for refiners.

15/08/2013 (Bernama) - India's import of vegetable oils in July rose a marginal two per cent to 889,493 tonnes compared with 870,328 tonnes imported the same period last year, the Solvent Extractors' Association of India (SEA) announced today.

15/08/2013 (Hindu Business Line) - The edible oils market turned weak on Wednesday on slack demand and bearish futures.

15/08/2013 (The Star) - RHB Research is maintaining its Neutral recommendation on Kulim Malaysia while the fair value is unchanged at RM3.53.

15/08/2013 (Mongabay.com) - Developers are seeking palm oil concessions to as a means to circumvent restrictions on industrial logging in Papua New Guinea, finds a new study published in the journal Conservation Letters.

15/08/2013 (Bloomberg) - Palm swung between gains and losses as investors awaited release of data, which may show Malaysia boosted production as the country’s currency weakened, making the tropical oil cheaper for importers.

15/08/2013 (Reuters) - India's imports of refined palm oil fell for a second straight month in July on high domestic stocks and a weak rupee that made overseas purchases expensive.