Archived News

11/04/2013 (Bloomberg) - Palm oil fell before the release of data from Malaysia which may show that inventories dropped last month, while output climbed for the first time in six months.

10/04/2013 (Reuters) - Malaysian palm oil futuresended slightly lower after hitting a near two-week high on Tuesday as fears over the bird flu outbreak in China and its impact on soybean prices outweighed hopes for lower palm inventory in the Southeast Asian nation, the world's No.2 producer.

10/04/2013 (Jakarta Globe) - Palm oil shipments from Indonesia probably slumped by the most in two years in March, slowing a decline in inventories at the world’s largest producer, as demand eased from China, the second-biggest buyer.

10/04/2013 (Design News) - Although many of the biofuels we report on in Design News are crop-based or derived from biomass such as plant wastes, we've also told you about biofuels derived from used cooking oil. Now, a weekly commercial transatlantic flight has begun with jets that run on the stuff.

10/04/2013 (Hindu Business Line) - Edible oils were mixed in the oils and oilseeds market on Tuesday.

10/04/2013 (Business Recorder) - Four ships C.V Nysted Maersk, C.V Maersk Wyming, M.V Inlaco Brave and M.T Karachi carrying containers, sand- crush and furnace oil were arranged berthing at Qasim International Container Terminal, Multi Purpose Terminal and Engro Vopak Terminal respectively at Port Qasi on Monday. port sources said Tuesday.

10/04/2013 (Jakarta Globe) - Austindo Nusantara Jaya, a mining and plantation company controlled by the Tahija family, plans to offer the public a stake to help finance a planned palm oil processing plant.

10/04/2013 (The Guardian) - Cooking waste from thousands of London restaurants and food companies is to help run what is claimed to be the world's biggest fat-fuelled power station.

09/04/2013 (Reuters) - Malaysian palm oil futures edged up to more than one-week highs in thin trade on Monday as investors pinned their hopes on stockpiles having eased furtherin March, signalling stronger demand for the tropical oil, although the ringgit's recent rise capped gains.

09/04/2013 (Daily Times) - Karachi Chamber of Commerce and Industry (KCCI) urged to the Ambassador of Indonesia to Pakistan Burhan Muhammad to expedite enforcement/implementation of Preferential Trade Agreement (PTA) between Pakistan and Indonesia.

09/04/2013 (Tuoitrenews) - Vietnamese cooking oil makers are calling on the government to impose remedial actions against imported cooking oil products, which are causing material injury to the domestic industry thanks to their cheap prices and zero import duties.

09/04/2013 (The Atlantic) - Squinting under the bill of his baseball cap, Leonary Marcus scans the treetops for ripe clusters of palm fruit to hack down with the aluminum scythe hanging from his shoulder. When a flame-red bunch catches his eye, he hooks the tool at the crux of the branch and yanks downward with all the muscle a 17-year-old can muster. The canopy shakes, a squawking bird flees and the fruit crashes to the ground in scattered heaps for him to gather into a rusty wheelbarrow. Leonary wipes the sweat from his face and moves on to the next row of trees, as he has done almost every day for the past five years.