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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
113 Palm Oil Mills Identified To Generate Electricity From Biogas
30/10/2015 (Bernama) - The government has identified 113 palm oil mills with the potential to generate electricity from palm oil biogas for the national grid Fit-in-Tariff programme.
China's Dongguan Province Keen To Import Palm Oil & Rubber From Malaysia
30/10/2015 (Bernama) - Dongguan, an important industrial city and manufacturing hub in China, is keen to import more commodities from Malaysia, especially palm oil and rubber.
Muar Ban Lee Group Secures RM16.6 Million Contract From Indonesian Company
30/10/2015 (Bernama) - Muar Ban Lee Group Bhd's wholly-owned subsidiary, Muar Ban Lee Technology Sdn Bhd, has secured a US$3.93 million (RM16.6 million) contract from Indonesia-based PT Sari Dumai Sejati.
Weather Concerns Lift CPO Futures Higher
30/10/2015 (Bernama) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives extended gains for a second day today as concerns about the weather sparked higher demand for the commodity, a dealer said.
Production of Sunflower Up, As Are Oil, Kernel Exports
30/10/2015 (Farm and Ranch Guide) - Exports of U.S. sunflower oil and sunflower kernels are up and, with sunflower harvest under way, that’s good news for producers who are expecting to see increased yields this year.
Chin Teck's 4Q Earnings Slide on Falling Palm Oil Prices
30/10/2015 (The Edge) - Oil palm planter Chin Teck Plantations Bhd saw its net profit for the fourth quarter ended Aug 31, 2015 (4QFY15) fall 5.5% to RM10.60 million, from RM11.22 million a year ago, due to declining average selling prices of fresh fruit bunches (FFB), crude palm oil (CPO), and palm kernel.
Haze, El Nino Crimp Palm Fruit Yield, Help Perk Up Price
30/10/2015 (Nikkei Asian Review) - IOI Corp, a plantation major, has warned its oil palm output will decline 10% this year as a lingering haze that has shrouded vast swathes of palm plantations in Malaysia and Indonesia and pronounced effects of El Nino weather conditions are expected to squeeze fresh fruit harvest.
Agro Losses Drag Down Group Results
30/10/2015 (Nikkei Asian Review) - Indonesian automotive company Astra International said on Thursday that net profit in the nine months ending in September fell 17% year on year to 12 trillion rupiah ($840 million) with large foreign exchange losses in its palm oil unit and weak consumer demand.
Govt to Amplify European Market for Palm Oil Industry
30/10/2015 (Tempo.co) - Business entrepreneurs and stakeholders in the Indonesia palm oil industry strengthens European market by opening a dialogue on the use of palm oil and the management of sustainable palm oil.