Archived News

28/01/2016 (Bernama) - Malaysian exporters may gain from a recent decision by the European Union (EU) to review its autonomous tariff suspensions and quotas to the EU from Jan 1, 2016 onwards.

28/01/2016 (Bloomberg) - China’s increased appetite for palm oil ahead of Lunar New Year celebrations is likely to wane as buyers switch to cheaper soyoil in coming months.

28/01/216 (The Nation) - Unarguably, the development of a strategic action plan for agricultural sector -Agricultural Transformation Agenda – remains one of the efforts of the Federal Government at boosting food production in Nigeria.

27/01/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on wednesday Jan 27.

27/01/2016 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

27/01/2016 (Jakarta Globe) - Government sources have announced plans to cut the export tax on palm kernel shells for the next two years, responding to palm oil producers demand for quick cash amid a global decline in prices, putting plans for power plant development using the biomass on the back burner.

27/01/2016 (EconomyNext) – Sri Lanka’s Watawala Plantations said net profit for the December 2015 quarter rose 28 percent to 188 million rupees from a year ago as costs and tax expense fell while tea and palm oil generated profits.

27/01/2016 (Business Standard) - Federation of Tamil Nadu Agricultural Association today termed as "national shame" the import of cooking oil and hit out at the government for "neglecting" domestic farmers' interests, particularly coconut and ground nut growers.

27/01/2016 (Bernama) - The Malaysian Palm Oil Council (MPOC) forecasts the crude palm oil (CPO) price uptrend will continue this year on lower-than-expected production which will affect supplies.

27/01/2016 (Reuters) - Palm oil on the European vegetable oils market firmed a little with Malaysian palm oil futures on concerns over production.

27/01/2016 (Jakarta Post) - The government launched the first pilot project late last month for large-scale solar power generation to supply rural areas in Kupang, East Nusa Tenggara. Now it is palm oil-based biogas that is poised to become a major source of electricity in rural areas that are far from the national grid of the state electricity firm (PLN).

27/01/2016 (Bioenergy Insight Magazine) - Asia Biogas, an Irish-Singaporean-owned bioenergy developer, has begun commercial operation at 12,300MWh per year biogas plant in Thailand.