Archived News

24/12/2013 (Bernama) - The BioPro Diesel invented by local scientists can potentially generate RM40 billion annually, in addition to providing a better solution to oil palm waste disposal.

24/12/2013 (Bernama) - Malaysia's latest innovation the Biopro Diesel not only costs 40 percent less compared with standard diesel fuel but it also emits less toxic fumes that are hazardous to the health and environment.

24/12/2013 (Bloomberg) - Palm oil advanced for a third day to the highest level in more than a week as a decline in the Malaysian currency improved prospects for exports from the world’s second-largest producer.

24/12/2013 (Reuters) - India's vegetable oil imports could rise more than 4 percent in the year to October 2014 to stand at a record 11.13 million tonnes, driven by a jump in overseas purchases of sunflower oil, a leading edible oil analyst said on Monday.

24/12/2013 (Reuters) - Indonesia, the world's top palm oil producer, kept its export tax for crude palm oil unchanged at 12 percent for January, said an official at the industry ministry.

24/12/2013 (Business Mirror) - The Philippine Coconut Authority (PCA) is hoping to build and develop a strong industry of oil palm and to establish a viable product via profitable venture, a statement by the PCA said on Monday.

24/12/2013 (Hindu Business Line) - The edible oils market ruled firm on Monday on higher demand amid extended gain in the futures market.

24/12/2013 (New Straits Times) - The United States may buy more palm oil from Malaysia, now that the Food and Drug Administration (FDA) has dropped trans fats’ “Generally Recognised as Safe” (GRAS) status.

24/12/2013 (The Star) - The Felda Group, the world’s largest oil palm plantation operator comprising 500,000ha of settler-owned land managed by the Federal Land Development Authority (Felda) and 360,000ha operated by Felda Global Ventures Holdings Bhd (FGV), remains committed to sustainable practices in its palm oil business.

24/12/2013 (Reuters) - Indian oilseeds and soyoil futures rose on Monday following gains in overseas prices and thin supplies in local spot markets, though a strong rupee capped the upside.

24/12/2013 (Hindu Business Line) - Strong global cues and rise in soyabean and soya oil futures lifted soya oil prices to on Monday, notwithstanding subdued demand in the spot market.

24/12/2013 (Business Recorder) - Following are London vegetable oil prices 1700 GMT.