Archived News

27/01/2012 (AllAfrica.com) - The Kebbi State Coordinator of the National Agency for Food Drug Administration and Control (NAFDAC), Mr. Bitrus Fraden has called on the people of the state to disregard text messages indicating that poisoned palm oil is being transported from the Southern part of the country to the state.

27/01/2012 (The Hill) - The Environmental Protection Agency will publish data Friday showing that biofuels made from palm oil won’t count towards the nation’s renewable fuels mandate because they’re not climate-friendly.

26/01/2012 (Business Recorder) - Malaysian crude palm oil futures edged up in post-holiday trade on Wednesday as traders focused on dry south American weather affecting soy yields, although concerns of a looming Greek debt default curbed gains.

26/01/2012 (Business Recorder) - Malaysian palm oil is expected to drop to 3,136 ringgit per tonne, as it could have completed a rebound from an hourly chart low of 3,103 ringgit.

26/01/2012 (Reuters) - Malaysian crude palm oil futures edged up in post-holiday trade on Wednesday as traders focused on dry south American weather affecting soy yields, although concerns of a looming Greek debt default curbed gains.

26/01/2012 (Expressindia.com) - New Delhi Select edible oil prices rose by up to Rs 100 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati millers to meet the ongoing marriage season demand amid a firming global trend.

26/01/2012 (Jakarta Post) - Publicly-listed plantation company PT Astra Agro Lestari reported that it sold 1.25 million tons of crude palm oil (CPO) in 2011, increasing by about 12 percent from 1.11 million tons in 2010.

26/01/2012 (Jakarta Globe) - Simon Evenett, an economics professor at the University of St. Gallen in Switzerland, has likened the eighth World Trade Organization Ministerial Conference last month to a Russian doll: “The deeper you go, the less and less you get.” The conference, the top decision-making body of the WTO, was hoped to resuscitate the Doha Round, the long-stagnant round of negotiations to reform the international system of trade. However, many commentators share the view that the ministerial conference did nothing to move the round forward.

26/01/2012 (MoneyControl.com) - Fitch Ratings has come out with its outlook on Indian edible oil. The research firm expects, the prices of most edible oils will remain firm and overall production of mustard and groundnut oilseeds may decline due to lower acreage and yields that would result in lower crushing and output.

26/01/2012 (Jakarta Globe) - Developing primate conservation projects, particularly for great apes, can contribute toward the long-term health of forests and to carbon sequestration schemes, scientists contend.

25/01/2012 (The Star) - Lately, the debate has grown louder over the discriminatory nature of the European Union's (EU) default values for biofuels especially on imported biofuel feedstocks like palm oil and soybean oil.

25/01/2012 (Moneycontrol.com) - Nirmal Bang has come out with its report on oil and oilseeds. As per the research firm CPO is expected to trade higher today.