Archived News

This fall we’ve had the unusual situation of the Canadian dollar falling while the price of crude oil rises.


The Governor of Edo State, Mr. Godwin Obaseki, has said that the goal of his administration is to have 100,000 hectares of oil palm plantation in the state within the next three years.

What started as a way to cut Japan’s dependence on imported fossil fuels has led to an expected surge in a different and equally controversial energy source: palm oil

Amid pick up in domestic and exports demand at the spot markets against restricted supplies from producing belts, cardamom prices edged up by 0.90 per cent to Rs 945 per kg in futures trading today as speculators built up fresh positions.

WASHINGTON/CHICAGO (Reuters) - The U.S. Commerce Department on Thursday said it set final anti-subsidy duties on biodiesel imports from Argentina and Indonesia, pushing soyoil futures to a two-month high even though the decision was expected.

Palm kernel oil, scientifically known as Elaeis guineensis jaq, is a plant oil derived from a palm seed. The unique crop of palm produces crude palm oil from the mesocarp and crude palm kernel oil from the kernel. A saturated vegetable fat, palm kernel oil is semi-solid at room temperature and mainly used for commercial cooking as it is cheaper than other oil types. It remains stable at high cooking temperatures and can be stored longer than other vegetable oils. Palm kernel oil is more saturated than palm oil and primarily used for edible applications and to manufacture soap, cream, lotion, and milk.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Nov 9

KUALA LUMPUR: Malaysian palm oil futures jumped to a one week top on Wednesday evening, charting a second straight day of gains, over concerns that rainy weather could lower production

Palm oil is an inexpensive and highly versatile vegetable oil derived from the fruit of the oil palm tree. It can be found in half of all consumer goods in Western grocery stores, from chocolate, ice cream, and baked goods to soaps, lotions, and detergents.

The Dayak Oil Palm Planters Association(DOPPA) from the Malaysian state of Sarawak issued an open letter today, addressed to the EU MEPs who will be making a decision on the use of palm oil as feedstock for biofuels

ROTTERDAM, Nov 11 (Reuters) - Palm oil prices on the European vegetable oils market firmed on Wednesday because of positioning ahead of fresh industry data and due to concerns that wet weather could disrupt Malaysian palm oil output.

KUALA LUMPUR: Malaysian palm oil futures jumped to a one week top on Wednesday evening, charting a second straight day of gains, over concerns that rainy weather could lower production