Archived News

25/04/2014 (Reuters) - Asking prices for most products on the European vegetable oils market moved in a tight range on Thursday with participation in a trade dinner in Rotterdam capping activity.

25/04/2014 (Reuters) - Indonesia, the world's top producer of palm oil, lowered its export tax for crude palm oil to 12 percent for May from 13.5 percent in April, said Oke Nurwan, export director of agriculture and forestry products at Indonesia's Trade Ministry.

25/04/2014(Jakarta Post) - Sales of certified sustainable palm oil (CSPO) are expected to hit a record high this year due to larger purchase commitments from main buyer countries, according to the Roundtable on Sustainable Palm Oil (RSPO), a group that promotes the production and use of sustainable palm oil.

25/04/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

24/04/2014 (Bernama) - Felcra Berhad has approved nine consolidation and rehabilitation projects involving 4,900 hectares nationwide this year.

24/04/2014 (Daily Mirror) - Palm oil mills are in an enviable position to harness enormous amounts of renewable energy with high efficiency, the potential which remains largely unrealised, palm oil expert Krishna Moorthy says.

24/04/2014 (Hindu Business Line) - Coconut oil from other countries such as the Philippines may soon find its way into the country, thanks to its soaring prices.

24/04/2014 (Biofuels International) - Proposals to boost the mandatory amount of palm oil in biodiesel is thought to be hampering the government's efforts to increase the consumption of non-subsidised fuel in Indonesia.

24/04/2014 (Business Recorder) - Palm oil on the European vegetable oils market eased on Wednesday because of improved weather in southeast Asia and due to weakness in rival soyoil.

24/04/2014 (Borneo Post) - Sarawak Oil Palm Plantation Owners Association (Soppoa) reaffirmed its commitment to the adoption of Malaysian Sustainable Palm Oil (MSPO) standard for the oil palm industry here, with its members agreeing to the compliance and certification at its recent sixth Annual General Meeting.

24/04/2014 (GhanaWeb) - Under a new Presidential Initiative dubbed: “District Presidential Industrialisation Initiative,” the government, through existing agencies, is supporting rural entrepreneurs to build their capacity to increase output for a ready market.

24/04/2014 (UkrAgroConsult) - Malaysia’s severe drought in the first three months of 2014 will have a negative impact on palm oil production into early 2016 even after rain returned in the second half of March, industry researcher Oil World predicted.