Archived News

26/09/2014 (Sun.Star) - To strengthen its mandate to support agri-venture and improve the economic life of the rural folk, the Development Bank of the Philippines (DBP) signed on September 25 a tripartite memorandum of agreement with the grower and buyer of an oil palm venture in Bukidnon.

26/09/2014 (Jakarta Post) - Taiwanese businesspeople and their Indonesian counterparts discussed on Thursday possibilities regarding long-term cooperation at a one-day exhibition organized by the Taiwan External Trade Development Council (TAITRA) in Jakarta.

26/09/2014 (Bloomberg) - The world’s two biggest palm oil producers cut export taxes on most shipments to zero, seeking to lure buyers amid a global glut in edible oils that sent prices to a five-year low.

26/09/2014 (The Straits Times) - Indonesia and Malaysia are working on a bilateral pact to better tackle the annual transboundary haze, according to officials from both countries who said the tie-up would focus on better fire prevention and tougher penalties for open burning on peatland.

25/09/2014 (Reuters) - Malaysian palm oil futures rose on Wednesday, fuelled by optimism that robust export demand amid easing palm production in September would help curb a rise in stockpiles in the world's second-largest grower.

25/09/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

25/09/2014 (Business Wire) - The Hershey Company (NYSE: HSY) today announced a new palm oil sourcing policy that updates and strengthens its commitment to source 100 percent traceable and responsible palm oil, a commitment the company announced in December 2013.

25/09/2014 (Center for Research on Globalization) - A new report from GRAIN details and explains the factors driving industrial oil palm producers to seek new areas of expansion and looks at the very different model presented by traditional oil palm production in West and Central Africa. This extensive study also includes information on over 60 large scale land grabs for oil palm plantations in Africa since 2000. A second table shows land grabs for palm oil in another hotspot, the Papuas of Indonesia and Papua New Guinea.

25/09/2014 (Hindu Business Line) - The price of the coconut oil has decreased by ₹7 a kg on Wednesday.

25/09/2014 (The Nation) - Oil palm plantations can create about 100,000 jobs, an expert, Dr Umoru Omodi.

25/09/2014 (AgriMoney.com) - The day's first set of major export data proved supportive to agricultural commodity prices.

25/09/2014 (Reuters) - Malaysian palm oil futures stretched gains into a third day on Thursday to touch their highest in more than six weeks, buoyed by robust demand and expectations that output would drop this month.