Archived News

27/09/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

27/09/2013 (FoodNavigator-USA.com) - UPDATED - General Mills has unveiled a commitment to sustainably source 10 key ingredients, representing 50% of its raw material purchases, by 2020.

27/09/2013 (FoodNavigator.com) - Record palm oil stocks from Indonesia, the world’s biggest producer, could mean a price drop for the food ingredient.

27/09/2013 (CosmeticsDesign-Europe.com) - The Roundtable on Sustainable Palm Oil’s (RSPO) first EU Summit has helped industry to increase demand for sustainable palm oil according to the organisers.

27/09/2013 (Jakarta Globe) - Palm oil headed for a third weekly decline to cap the worst run since July on speculation that increasing production will boost reserves in Indonesia and Malaysia, the biggest suppliers of the most consumed cooking oil.

27/09/2013 (The Guardian) - Every summer for the past couple of decades, a thick cloud of smoke has swept through parts of south-east Asia. Originating from the Indonesian island of Sumatra, the forest fires are an annual ritual. But this year, the public outrage in Singapore reached a crescendo, fueling a heated blame game between governments and companies.

27/09/2013 (Bloomberg) - Palm oil declined to the lowest level in more than six weeks as a fall in crude prices reduced the appeal of vegetable oils as biofuel feedstock and the pace of exports slowed from Malaysia, the second-biggest producer.

27/09/2013 (Hindu Business Line) - The share of soyabean and sunflower oils, or soft oils, in the country’s vegetable oils import could increase to over two million tonnes (mt) next season starting November with shipments of palm group of oils remaining unchanged, according to a section of the edible oil industry.

26/09/2013 (Reuters) - Malaysian palm oil futures ended lower on Wednesday, reversing from gains made in the morning session as investors turned cautious over rising palm output in the world's No.2 producer.

26/09/2013 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

26/09/2013 (Reuters) - Exports of Malaysian palm oil products for Sept. 1-25 rose 6.4 percent to 1,213,583 tonnes from 1,140,460 tonnes shipped during Aug. 1-25, cargo surveyor Societe Generale de Surveillance said on Wednesday.

26/09/2013 (Bernama) - The Malaysian Biotechnology Corporation (BiotechCorp) has awarded "BioNexus" status to Verdezyne, Inc with the privately-held industrial biotechnology company focused on producing renewable chemicals to make a significant investment in the planned set up of local biochemical production facility.