Archived News
20-10-2015
Food, Ag Firms Pledge To Combat Climate Change
20/10/2015 (Agri-Pulse) - Many of the nation's top agriculture, food and biofuel companies have pledged to reduce greenhouse gas emissions as the White House tries to build a case for an international climate agreement.
20-10-2015
Crude Palm Oil Falls By 0.7% on Low Demand
20/10/2015 (Business Standard) - Crude palm oil prices were down 0.74% at Rs 413.70 per 10 kg in futures trade today after traders reduced their exposure, triggered by muted demand at the spot market.
19-10-2015
VEGOILS-Market Factors to Watch Oct 19
19/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
19-10-2015
Sarawak Rejects Trade Barriers
19/10/2015 (New Straits Times) - The Malaysian Palm Oil Board data showed that Sarawak produced 3.4 million tonnes of crude palm oil (CPO) last year. This year, with more trees maturing, the state is expected to achieve 3.5 million tonnes.
19-10-2015
Edible Oils Extend Gains on Millers Fresh Buying
19/10/2015 (Hindu Business Line) - Edible oils extended gains for yet another week at the wholesale oils and oilseeds market on continued buying by vanaspati millers and retailers to meet ongoing festive and wedding season demand amid positive global cues.
19-10-2015
Edible Oil Units in AP, Telangana Want VAT Refund
19/10/2015 (Hindu Business line) - At a time when industries’ clamour for sops has become perpetual, edible oil refiners want Andhra Pradesh and Telangana governments to bring their units in the negative list for incentives.
19-10-2015
Sustainability Pledge Proves an Obstacle For Government Hungry For More Palm Oil
19/10/2015 (Jakarta Globe) - The Indonesian government is taking a major step backward from efforts to develop a sustainable palm oil industry, critics contend, as it sidelines a “zero deforestation†pledge by the country’s five biggest producers of the commodity in favor of economic nationalism.
19-10-2015
Farmers Seek Higher MSP
19/10/2015 (Hindu Business Line) - More than 60,000 oil palm farmers in the twin Godavari districts has been incurring huge losses from past several years. After investing on a large scale have on the crop, the slump in the minimum support price (MSP) over the years is taking a toll, they say, adding that increase in labour cost and farm inputs is adding to their woes.
19-10-2015
Nirmala Rules Out Raising Import Duty on Crude Palm Oil
19/10/2015 (Hindu Business Line) - Ruling out the possibility of a hike in import duty on crude palm oil from 12 per cent to 50 per cent as a measure to protect the interests of domestic farmers, Union Minister of State for Commerce and Industry Nirmala Sitaraman has said that such a ‘drastic step’ would be seen as a barrier to international trade.
19-10-2015
Reports Demystify Palm Oil Myths, Expose Benefits
19/10/2015 (The Nation) - For months now, I have been planning on writing this piece but because it is not time bound, I always pushed it aside to attend to time-bound stories.
19-10-2015
“Plant Now, Take Care†Targets 1M Oil Palm Seedlings Planted
19/10/2015 (Sun.Star) - A P1 billion government investment on oil palm promises to convert poverty to prosperity.
19-10-2015
Vegetable Oils May Not Be As Healthy As Advertised
19/10/2015 (Leadership) - With scientists advising against many cooking oils like olive claimed to produce toxic chemicals when heated – what should you use instead?