Archived News

15/03/2016 (Reuters) - Malaysian palm oil futures fell on Monday, tracking competing oils and on slow export demand, after rising to their highest level in a month in early trade, lifted by last week's forecasts of slowing output.

15/03/2016 (FoodNavigator.com) - A tax on palm oil destined for food could be on the cards in France as the government votes on its Biodiversity Bill this week.

15/03/2016 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday after palm oil futures jumped to their highest since mid-February lifted by last week’s forecasts of slowing output before dropping back to even with the previous close.

15/03/2016 (Business Standard) - Prices of sesame and cottonseed oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market today following scattered buying by retailers.

15/03/2016 (The Star) - Felda Global Ventures Holdings Bhd (FGV), which is seeking to buy about 55% equity interest in China-based edible oil producer Zhong Ling Nutril-Oil Holdings Ltd, has cancelled its application for approval to one of the regulators and has not resubmitted it.

15/03/2016 (Business Standard) - Vegetable oil imports to rise to 15 mn tonnes next year Veg oil import duty may rise Palm oil price to rise on El Niño With sanctions on Iran gone, India can import oil freely IOC against import duty on crude oil.

15/03/2016 (eco-business.com) - The Palm Oil Innovation Group (POIG), an international collective of palm oil growers and non-government organisations, on Thursday released new standards to verify that companies are producing the commodity without deforestation, peatland destruction, or the exploitation of communities and workers.

15/03/2016 (Economic Times) - Crude palm oil prices were down by Rs 2.70 to Rs 504 per 10 kg in futures trade today as traders offloaded positions due to subdued demand in spot market.

15/03/2016 (Reuters) - Indonesia expects dryer than normal weather in several fire and haze-prone regions in western and central Indonesia in March and April, the state weather agency (BMKG) said on Monday, referring to a recent increase in fires and hotspots.

15/03/2016 (Reuters) - India's vegetable oil imports in February rose 28 percent from a year earlier to 1.11 million tonnes, a leading trade body said in a statement on Monday.

15/03/2016 (Biofuels International Magazine) - The EU’s biofuel targets may have ended up increasing greenhouse gas (GHG) emissions due to the use of “dirty” biodiesel, an EU analysis has found.

15/03/2016 (Biodiesel Magazine) - Canadian Prime Minister Justin Trudeau visited the exhibit hall of the Globe 2016 Conference in Vancouver, British Columbia, March 2-4, where one of the technologies he was introduced to was BioCube Corp.’s transportable biodiesel refinery, the BioCube.