Archived News

20/08/2013 (Reuters)- The following are the daily Vegetable oil trade data supplied by Mumbai based The Solvent Extractors\' Association of India.

20/08/2013 (Hindu Business Line) - Edible oils prices increased on Monday tracking weaker rupee that plunged to a new low against the dollar and extended gains in Malaysian palm oil futures.

20/08/2013 (Bloomberg) - The slump in India’s rupee may fail to deter refiners and traders from importing record amounts of cooking oils for a second year amid rising demand in the world’s largest palm oil buyer.

20/08/2013 (Deccan Herald) - The Palm oil industry has become an unavoidable part of our daily lives, but it is also an environmental disaster, according to many conservation biologists, writes Carl Zimmer.

20/08/2013 (The Star) - Palm oil specialist CB Industrial Product Bhd’s second quarter net profit came in below expectations at RM18.9mil, 20% down year-on-year, but HwangDBS Vickers Research remains bullish on the stock, maintaining its Buy call with the target price revised downwards 10 sen to RM3.10 for the stock which closed at RM2.87 on Monday.

20/08/2013 (Bloomberg) - For anyone following the economic turmoil in India, the combination is depressingly familiar: A record high current-account deficit. A weakening currency. A spike in inflation. A fall in the stock market.

20/08/2013 (Reuters) - Indian soybean production is likely to rise by as much as 18 percent to a record 13.34 million tonnes in 2013/14 from the year before as rains boost crops in key growing areas, a senior industry official said.

20/08/2013 (Business Standard) - The value of Indian imports of edible oils and pulses is set to plummet as international prices drop and domestic output climbs in the wake of heavy monsoon rains, helping save the country around $4 billion as it struggles to narrow a gaping current account deficit.

20/08/2013 (Confectionery Production) - Edible coatings manufacturer Mantrose-Haeuser has expanded its proprietary line of high performance polishes, palm oil free polishes and anti-sticking agents for the confectionery industry.

20/08/2013 (Marketwired) - NextFuels, a pioneer in transforming agricultural residue into biofuels, unveiled its strategy today for economically producing transportation and industrial fuels from wet, unprocessed agricultural waste.

20/08/2013 (Bloomberg) - Palm oil retreated from a five-week high as crude oil fell, reducing the appeal of vegetable oils as biofuel feedstock.

19/08/2013 (Borneo Post) - Crude Palm Oil Futures (FCPO) rebounded when the market opened after the Hari Raya festivities and went above the consolidation range again as it hit its highest in more than a month on Friday.