Archived News

16/04/2013 (Business Recorder) - The Karachi Port handled 261,168 tonnes of cargo comprising 175,791 tonnes of import cargo and 85,377 tonnes of export cargo including 6,503 loaded and empty containers during the last 48 hours ended at 0700 hours on Monday. The total import cargo of 175,791 tonnes comprised 74,789 tonnes of containerised cargo; 5,721 tonnes of general cargo; 11,300 tonnes of coal and 83,981 tonnes of oil/liquid cargo.

16/04/2013 (The Star) - The Roundtable on Sustainable Palm Oil (RSPO) grouping's EGM in Kuala Lumpur next week is set to be on the “watch list” of palm oil observers everywhere.

16/04/2013 (Business Times) - Malaysia, the world’s No.2 palm oil producer, will set its crude palm oil export tax for May at 4.5 per cent, unchanged from April, a government circular showed on Monday.

16/04/2013 (Marketwired) - Today A.T. Kearney released a study "New Oils for the New World," that analyzes potential sustainable alternatives to palm oil and provides recommendations on how these oils should be developed and commercialized. The "New Oils for the New World" study is an A.T. Kearney Clinton Global Initiative Commitment.

16/04/2013 (Economic Times) - Crude palm oil futures prices fell by Rs 4.50 to Rs 459.10 per 10 kg today as speculators booked profits at prevailing higher levels.

16/04/2013 (ABC) - The surprising biodiversity that remains in oil palm plantations can and should be protected, say researchers.

16/04/2013 (DNA) - Oil is a basic ingredient for any cooking. Ask nutritionists and endocrinologists, and you will be told that every person needs to consume oil – in one form or the other. There are lipids and fats in oils that the body requires. However, at the same time, there are chemicals which can make oils harmful as well. And this harm can come from unpacked or unrefined oils, and it can come from normally healthy oils that are heated excessively. Moreover, with the markets abuzz with reports that people should use oils like olive oil and rice bran oil, DNA thought it appropriate to discuss the issue for the benefit of our readers.

16/04/2013 (Economic Times) - Select edible oils extended losses for the third straight day with prices losing up to Rs 200 per quintal on the wholesale market today on subdued demand against increased supplies amid a weak global trend.

15/04/2013 (Bernama) - Kenanga Research has maintained Sime Darby Bhd's financial year 2013-financial year 2014 core net profit forecast of RM3.02 billion-RM3.55 billion despite plantation earning concerns due to weak crude palm oil (CPO) prices.

15/04/2013 (Radio Australia) - Around the region, the palm oil industry has been roundly criticised on a range of environmental, social and health grounds.

15/04/2013 (BBC News) - The UK's "irrational" use of biofuels will cost motorists around £460 million over the next 12 months, a think tank says.

15/04/2013 (Economic Times) - The BT cotton revolution, which swept India's countryside, is now doubling up as the source of the country's cheapest cooking oil. And in Narendra Modi's motherland, the Jasubens are loving it. Cottonseed or 'kapasiya' oil is ruling in the kitchens of Gujarat, the largest cotton-growing state. One out of every two bottles of oil consumed in Gujarat contains cottonseed oil.