Archived News

31/08/2013 (Costa Rica News) - As you head south along the Pacific Coast of Costa Rica from Jaco down past Quepos/Manuel Antonio toward Dominical, vast forests of palm trees stretch for miles along the highway.

31/08/2013 (Bloomberg) - Indonesia and Malaysia, the world’s top palm oil producers, will accelerate biodiesel programs to boost consumption after prices tumbled last month to the lowest level in more than three years.

31/08/2013 (IPPmedia) - The National Development Corporation (NDC) has signed a joint venture pact with Singapore based firm Nava Bharat to establish a Palm Oil plantation for the production and processing of palm oil in the Coast Region village of Kimala Misale in Kisarawe District.

31/08/2013 (Reuters) - Indian oilseeds and soyoil futures extended losses on Friday on weak demand in local spot markets and as edible oil prices fell overseas on profit-taking.

31/08/2013 (Hindu Business Line) - Edible oils market witnessed a bearish trend on Friday, tracking weak futures market and lack of demand.

31/08/2013 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives Exchange eased on Friday as investors booked profits from the week's rally. The rally was fuelled by forecasts of dry weather in the soya-producing US Midwest, although healthy demand and a still-weak ringgit underpinned sentiment. August exports are expected to be higher compared with July, after a 7 per cent rise in the first 25 days.

31/08/2013 (Platts) - Indonesia has further strengthened its biodiesel blending mandate by making it compulsory for power utilities to use gasoil blended with 20% biodiesel, a senior government official said late Thursday.

31/08/2013 (Business Recorder) - Pakistan-Indonesia Preferential Trade Agreement (PTA) will become operational from September 1, creating new opportunities for mutually beneficial exploitation of the huge trade potential that happily marks the historically friendly relations between the two countries.

30/08/2013 (Reuters) - Malaysian palm oil futures slipped on Thursday as investors took profits from six straight sessions of gains that were driven by expectations that hot U.S. weather would curb the availability of competing soybean oil.

30/08/2013 (Reuters) - Indonesia is confident that an agreement can be reached with Asia-Pacific countries on listing crude palm oil as an "environmental good", a move that would cut trade tariffs and boost exports, a trade ministry official said on Thursday.

30/08/2013 (Bernama) - New Britain Palm Oil Ltd (NBOL), one of the world's largest fully-integrated producers of sustainable palm oil, it is seeking advice on the implications of the code amendment for the company and the Kulim (M) Bhd.

30/08/2013 (AllAfrica.com) - The National Development Corporation (NDC) and Naval Bharat Pte Limited of Singapore (NBS) yesterday signed a 111 million US-dollar joint-venture agreement to establish an oil palm farm and processing plant in Kisarawe District, Coast Region.