Archived News

16/07/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

16/07/2014 (Hindu Business Line) - Vegetable oil imports dipped four per cent in June to 883,679 tonnes compared with 947,591 tonnes recorded in the same period last year.

16/07/2014 (Bangkok Post) - Surin: PEA Encom International, wholly owned by the Provincial Electricity Authority (PEA), has set a five-year capital expenditure budget of 32 billion baht until 2018, mostly for renewable energy projects.

16/07/2014 (Bloomberg) - The odds of a strong El Nino, which brings drought to the Asia-Pacific region and heavy rains to South America, are increasingly unlikely after the tropical Pacific Ocean cooled, according to Australia’s weather bureau.

16/07/2014 (Business Recorder) - The Karachi Port handled 284,543 tonnes of cargo comprising 252,556 tonnes of import cargo and 31,987 tonnes of export cargo including 7,794 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 252,556 tonnes comprised of 87,625 tonnes of containerised cargo; 21,213 tonnes of general cargo; 36,575 tonnes of bulk cargo: 27,000 tonnes of coal; 7,941 tonnes of DAP; 1,634 tonnes of soyabean meal and 107,143 tonnes of oil/liquid cargo.

16/07/2014 (Business Standard) - India imported 5,98,247 tonnes of palm oil in June, the second biggest shipments so far this calendar year, according to the Solvent Extractors' Association (SEA).

16/07/2014 (BioEnergy News) - Elevance Renewable Sciences, a specialty chemicals company, has created a new collaboration with Genting Plantations through Genting Integrated Biorefinery (GIB), to be located in the Palm Oil Industrial Cluster (POIC) in Malaysia.

16/07/2014 (Reuters) - India's vegetable oil imports fell 6.7 percent in June from a year earlier as buyers held off from purchases in the hope that prices would drop further, a top trade body said on Tuesday.

15/07/2014 (Bernama) - Singapore's Health Promotion Board is spending millions of dollars a year in subsidies to promote the use of healthier cooking oil, Xinhua news agency reports quoting Straits Times.

15/07/2014 (Bloomberg) - Palm oil entered a bear market after the U.S. government forecast record inventories of soybeans used to produce an alternative cooking oil.

15/07/2014 (The Star) - The world’s largest palm oil producer Felda Global Ventures Holdings Bhd (FGV) aims to grow its revenue to RM100bil in six years to become one of the Top 10 global agribusiness companies.

15/07/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.