Berita Arkib

18/02/2013 (Bloomberg) - Palm oil advanced for the first time in four sessions on speculation that Malaysia may boost exports this month before a tax is imposed in March, reducing near record inventories in the world’s second-largest producer.

16/02/2013 (Bloomberg) - Palm oil fell to a two-week low after Malaysia, the second-largest producer, said that exports in March will be taxed for the first time in three months.

16/02/2013 (The Star) - Local palm oil stocks are expected to come down gradually in the coming months, with the price of crude palm oil (CPO) poised to strengthen back to the RM2,600-RM2,700-per-tonne level by mid-2013, said analysts.

16/02/2013 (Business Sandard) - To curb the spurt in edible oil import, the government today raised the tariff value of edible oils by four to five per cent. In January, edible oil import had touched a two-decade high of 1.15 million tonnes, 75 per cent more than in January 2012.

16/02/2013 (Daily Times) - One ship arrived at Port Qasim to load/offload palm oil at LCT on Friday. Berth occupancy was maintained at 36 percent at the port on Saturday where a total of five ships are currently occupying berths to load/offload, palm oil, cement, meg, furnace oil paraxylne and steel coil.

16/02/2013 (4-Traders) - A lawmaker has called for a congressional inquiry into the importation of palm cooking oil by oil milling companies owned by the Coconut Industry Investment Fund (CIIF).

16/02/2013 (Hindu Business Line) - Copra sales have been falling daily, as coconut oil factories have ample stock and crushers are buying palm kernel, which is cheaper.

16/02/2013 (Business Recorder) - Friday\'s Rotterdam vegetable oil prices at 1700 GMT.

15/02/2013 (Reuters) - Malaysian palm oil futures edged down to a two-week low on Thursday, as data showed stockpiles in the world\'s No.2 producer remained high and on improving weather in key soy-growing regions in South America.

15/02/2013 (Bernama) - Alliance Research says if there were to be a price rally for crude palm oil (CPO), it will not go beyond the RM2,800 per metric tonne level this year in view of the continued export competition with Indonesia and a healthy year-on-year production.

15/02/2013 (Bernama) - Heavy discounting of palm products has pushed India\'s January 2013 imports of vegetable oils, both edible and non-edible, to 1,157,130 tonnes -- the highest in a single month since imports began in 1994.

15/02/2013 (Bloomberg) - India, the world’s largest cooking oil consumer after China, bought a record quantity last month as traders and refiners increased purchases before a tax rise, boosting domestic stockpiles to an all-time high.