Archived News

02/11/2015 (ANTARA News) - Indonesia and Malaysia are currently in the process of achieving harmonization in palm oil standards as part of an agreement to set up a Council of Palm Oil Producing Countries (CPOP).

02/11/2015 (FoodNavigator-USA.com) - San Francisco-based microalgae pioneer Solazyme has expand its joint venture with oils expert Bunge to develop a “range of breakthrough oils for food and products for animal nutrition”.

02/11/2015 (Times of India) - Price of packed mustard oil in Delhi has increased by over 30% in the past one year and in Kolkata it has gone up by Rs 27 per litre because of less oilseed production last year due to adverse weather conditions. But the biggest relief for consumers is the low retail prices of palm oil and other edible oils because of sufficient availability in the international market.

02/11/2015 (GhanaWeb) - Vendors of palm oil in the Madina market have voluntarily handed over gallons of palm oil to the Foods and Drugs Authority to test if they are safe for human consumption.

02/11/2015 (Business Standard) - Steady conditions prevailed at the wholesale oils and oilseeds market today as prices of edible and non-edible oils moved in a narrow range on scattered buying and settled around previous levels.

02/11/2015 (Mint Market Info) - Crude palm oil futures declined on MCX on account of higher arrivals of oilseeds in producing centers. Though, lower output due to the El Nino weather phenomenon, which sees scorching weather across Asia, capped some losses.

02/11/2015 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,362, as market players were profit taking before the weekend.

30/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday October 30.

30/10/2015 (Business Standard) - Crude palm oil prices fell marginally by Rs 1.40 to Rs 409.10 per 10 kg in futures trade today as participants offloaded positions due to subdued demand in spot markets.

30/10/2015 (Citifmonline) - Four days after the Food and Drugs Authority (FDA) issued an alert about some adulterated palm oil on the market, some consumers have suspended buying palm oil foods.

30/10/2015 (Bernama) - Indonesia wants to strengthen its domestic market and reduce imports as measures in improving the national economic slowdown, said Indonesian vice-president Jusuf Kalla.

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.