Berita Arkib

24/09/2013 (Bloomberg) - Record inventories of palm in Indonesia, the largest producer, will add to the biggest global supply of vegetable oils in history, driving down costs for makers of everything from food to fuel to soap.

24/09/2013 (Bloomberg) - Palm rose the most in more than a week on speculation increasing exports from Malaysia may slow an expansion in reserves and as the nation’s currency weakened for a third day, boosting the appeal of ringgit-denominated futures.

24/09/2013 (Hindu Business Line) - Indian Palm oil imports are likely to remain at 83 lakh tonnes in the oil year 2013-14 starting from November, as local refiners prefer cheaper alternatives like soy and sunflower oil, Godrej International Director, Dorab Mistry said today.

24/09/2013 (THISDAY Live) - The Ministry of State for Industry, Trade and Investment has restated its commitment to develop the palm oil industry in the country, noting that the sector still remains largely untapped.

24/09/2013 (Business Recorder) - The Karachi Port handled 288,334 tonnes of cargo comprising 213,520 tonnes of import cargo and 74,814 tonnes of export cargo including 5,888 loaded and empty containers during the last 48 hours ended at 0700 hours on Monday. The total import cargo of 213,520 tonnes comprised 95,764 tonnes of containerised cargo; 28,676 tonnes of general cargo; 9,893 tonnes of bulk cargo: 4,395 tonnes of DAP; 1,827 tonnes of rape seed; 3,671 tonnes of soyabean meal and 79,187 tonnes of oil/liquid cargo.

24/09/2013 (Economic Times) - As per data monitored by the Ministry of Consumer Affairs and Food, prices of Edible Oils during the week ending on September 19th, 2013 remained steady across the country.

23/09/2013 (Hindu Business Line) - Futures trading in agricultural commodities will soon be held during late evenings, according to Forward Markets Commission Chairman Ramesh Abhishek.

23/09/2013 (Bloomberg) - Cooking oil refiners in India are seeking higher tariffs to curb cheaper imports that have eroded margins of companies in the world’s second-largest consumer of the commodity.

23/09/2013 (Borneo Post) - Crude Palm Oil Futures (FCPO) fell on Friday and throughout the week due to stronger local currency appetite from overseas buyers, although strong export numbers capped gains.

23/09/2013 (Bloomberg) - Palm, the world’s most-used cooking oil, may slump to the lowest level since 2009 by January as global supplies of edible oils expand and crude oil weakens, said Dorab Mistry, director at Godrej International Ltd.

23/09/2013 (Hindu Business Line) - Edible oil prices are likely to rule bearish next season starting October as supplies exceed demand but the fall could be stopped by factors such as bio-fuel demand, experts at a global vegetable oils meet said on Sunday.

23/09/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.