Archived News

28/08/2013 (FoodNavigator.com) - Boosting industry commitment to sustainable palm oil, the impact of upcoming EU regulation and improving certification credibility are among the topics on the agenda at the first European Roundtable on Sustainable Palm Oil (RSPO) summit.

28/08/2013 (Bloomberg) - Palm oil climbed for the fifth day to a two-month high on speculation that the U.S. soybean crop will be smaller than previously estimated and as the ringgit fell to a three-year low, boosting demand for Malaysian supplies.

28/08/2013 (Bernama) - Palm oil price is expected to increase by year-end due to low production of substitutes such as vegetable and soybean oils, the Malaysian Palm Oil Council (MPOC) said Tuesday.

28/08/2013 (Hindu Business Line) - A sudden spurt in domestic and overseas futures market lifted prices of imported edible oils here on Monday, despite month-end need-based demand.

28/08/2013 (Thanh Nien Daily) - Vietnam has imposed a 5 percent import tax on refined soybean oil and palm oil, saying a surge in imports of the items is harming the domestic industry.

28/08/2013 (ANTARA News) - Indonesia is taking steps to reduce its fuels imports and promote the use of biofuels at home in response to its current account deficit and the depreciation of its rupaih currency against the US dollar.

28/08/2013 (News.Az) - News.Azinterviews Prayono Atiyanto , Ambassador of Indonesia to Azerbaijan.

28/08/2013 (Bernama) - Bursa Malaysia hits a daily historical all-time high of 91,449 contracts traded, including negotiated large trades at the close of market Tuesday.

28/08/2013 (Perishable News) - As part of its ongoing commitment to sustainability, Blommer Chocolate Company, the largest cocoa processor and ingredient chocolate supplier in North America, announced that following certification from the Roundtable on Sustainable Palm Oil (RSPO), it will be the first cocoa producer to offer 100 percent RSPO-certified, mass balance palm oil in the U.S., with certified products becoming available to customers this fall.

27/08/2013 (Reuters) - Malaysian palm oil futures surged to their highest in more than two months on Monday as a hot spell in the U.S. Midwest threatened to curb soybean yields and signalled tighter global edible oil supplies.

27/08/2013 (The Star) - A plantation company goes the extra mile to care for the land and its workers, and is rewarded manifold.

27/08/2013 (Reuters) - Indian soyoil futures rose on Monday to their highest level in more than two months, while the soybean contract hit a five-week high as gains in overseas markets and concerns about local soybean output bolstered sentiment.