Berita Arkib

04/08/2012 (Reuters) - Malaysian crude palm oil inched lower on Friday, posting a fourth straight weekly loss as investors remained cautious after the European Central Bank failed to come up with an immediate measure to tackle the euro zone's fiscal crisis.

03/08/2012 (Triple Pundit) - Palm oil and its rising demand has been quite a controversial topic the past couple of decades due to its strong correlation to deforestation and poor history of regulation, especially in Malaysia and Indonesia, where 80 percent of the world’s supply is cultivated. In fact, the area of land used for palm oil cultivation has increased by 43 percent since the 1990s. Yet palm oil remains a staple for billions of people worldwide. Its uses are exceedingly diverse, ranging from food like margarine and ice cream to health products like shampoo and lotion. It’s not too surprising, then, that the palm oil industry is under tight scrutiny when it comes to sustainable practices and traceable supply chains.

03/08/2012 (AllAfrica.com) - The House of Representatives and the Federal Ministry of Finance are in disagreement over import waivers on rice and palm oil granted to some individuals from January to 2012 to May 2012, after the Minister of Finance announced the suspension of such waivers in September last year.

03/08/2012 (Business Times) - Local palm oil refiners are disappointed with the Plantation Industries and Commodities Ministry's rationale for the increase in the export quota of duty-free crude palm oil (CPO).

03/08/2012 (Business Standard) - The government’s decision to revise import tariffs on refined, bleached and deodorised (RBD) palmolein is set to change the fortunes of domestic vegetable (veg) oil processors, including Ruchi Soya Industries, Liberty Oil, Adani Wilmer and Cargill India.

03/08/2012 (IBNLive.com) - Dr Shinoj Subramanian, programme coordinator, Krishi Vigyan Kendra of the ICAR in Ernakulam, Kerala, has developed and characterised a oil palm fibre filled liner low density polythelene biocomposite, which has been presented with the prestigious Jawaharlal Nehru award for the outstanding doctoral thesis research for the year 2011.

03/08/2012 (Business Recorder) - The Karachi Port handled 115,447 tonnes of cargo comprising 87,284 tonnes of import cargo and 28,163 tonnes of export cargo including 2,714 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 87,284 tonnes comprised of 23,231 tonnes of containerised cargo; 7,053 tonnes of bulk cargo: 4,253 tonnes of DAP; 2,800 tonnes of coal and 57,000 tonnes of oil/liquid cargo.

03/08/2012 (Lanka Business Online) – Sri Lanka’s Carson Cumberbatch PLC, with investments ranging from oil palms and beer to financial services, said falling palm oil prices and exchange rate losses have hurt its bottomline during the June quarter.

03/08/2012 (Reuters) - Malaysian crude palm oil ended flat after touching its lowest in the week on Thursday as wet weather forecast in the U.S. Midwest brought relief to drought-hit soy crop, easing some concerns of tighter oilseed supplies.

03/08/2012 (Bernama) - TH Plantations Bhd's net profit for first half of financial year 2012 is expected to be dampened by lower fresh fruit bunches (FFB) output in the second quarter, says Maybank Investment Bank (Maybank IB).

03/08/2012 (Bernama) - OSK Research has upgraded Sarawak Oil Palms Bhd's (SOP) financial year 2013 (FY13) estimated earnings to RM314.1 million, up 5.7 per cent from RM297.1 million previously.

03/08/2012 (Bernama) - Genting Plantation Bhd's (GENP) net profit for the second quarter ended June 30, 2012 is expected to be flat quarter-on-quarter at RM80-RM90 million, says Maybank Investment Bank (Maybank IB).