Archived News

04/02/2013 (AllAfrica) - Malaysian palm oil manufacturer, Pacific Interlink, is set to erect the largest ever edible oil refinery in Ethiopia, which will produce 300,000tn of oil at an estimated cost of 401.1 million Br.

04/02/2013 (Borneo Post) - The US Payrolls rose 157,000 in January after continual increment from Decem­ber.

04/02/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Ma­laysia Derivatives end­ed the week sharply higher due to weather concerns in South America and better prospects for exports demand in the coming months.

04/02/2013 (Hindu Business Line) - Fearing large-scale cheaper refined oil imports, the edible oil industry has urged the Government to hike duty on refined, bleached and deodorised (RBD) palmolein to up to 20 per cent.

02/02/2013 (This is Somerset) - A rescue operation has been launched after more than 100 seabirds were washed up along the Westcountry coast covered in a sticky \"waxy, glue-like” substance said to be palm oil.

02/02/2013 (Bernama) - The Indonesian government hopes 70 percent of its crude palm oil production could be processed at home, Indonesia\'s ANTARA news agency reported.

02/02/2013 (Inquirer.net) - House Minority Leader Danilo Suarez on Friday said he would ask Congress to look into the “anomalous” selling of palm-based cooking oil by a sequestered oil mill which is tasked with promoting coconut-based products.

02/02/2013 (IBNLive) - Edible oils constitute an important part of the food cuisine. The demand for vegetable oils has risen steadily catapulted by a combination of factors.

02/02/2013 (Business Mirror) - Farmers belonging to the militant Kilusang Magbubukid ng Pilipinas (KMP) and the claimants movement Coco Levy Fund Ibalik sa Amin (CLAIM) on Sunday added their voices to calls for a congressional inquiry into the reported importation and selling of palm-based cooking oil by a sequestered oil mill.

01/02/2013 (Agrimoney.com) - Month ends are, by repute, times when agricultural commodities suffer extra selling pressure, as funds tidy up positions to release cash for paying clients, and so on.

01/02/2013 (Bloomberg) - Mewah International Inc. (MII), an edible oils and fats processor, will complete a refinery in Malaysia after the country cut export taxes on crude palm oil, potentially boosting margins.

01/02/2012 (AllAfrica) - The French President Francois Hollande today received his Cameroonian counterpart, Paul Biya, at the Elysée Palace in Paris - and there was not a lack of potential topics for discussion.