Archived News

16/08/2011 (Reuters) - Malaysian palm oil climbed for a fourth straight session on Monday, boosted by strong export data and as financial market jitters eased slightly after last week's volatility.

16/08/2011 (Hindu Business Line) - Despite all the hype about slowing palm oil production growth and robust export demand as well as tremendous holding power generated by record producer-profits in the last two years, palm oil prices have softened recently.

16/08/2011 (East African Business Week) - Business people from Uganda will benefit from bilateral investment and trading relations with their counterparts from Thailand, one of Asia's major economies.

16/08/2011 (Radio New Zealand) - Last year NZX launched a dairy futures market allowing buyers and sellers to lock in milk prices for delivery at a later date.

16/08/2011 (Kenya Broadcasting Corporation) - African countries are set to gain from an interconnected commodity exchange.

16/08/2011 (Renewable Energy Magazine) - EurObserv’ER’s latest biofuels barometer shows Europeans consumed 13.6% more biofuel in 2010 than in the previous year. This represents a slowdown in biofuel consumption, which rose by more than double that rate (28.9%) between 2008 and 2009.

16/08/2011 (Reuters) - Indonesia will give a tax holiday for investors committing at least 1 trillion rupiah ($117 million) into sectors including metals and energy, an effort to spur record levels of foreign direct investment in Southeast Asia's biggest economy.

15/08/2011 (The Star) - Kim Loong Resources Bhd will look for more land in the country as part of its long-term plan to increase its oil palm plantation acreage.

15/08/2011 (The Star) - Malaysia will send representatives to Australia to lobby against a parliamentary move requiring palm oil labelling in Australia.

15/08/2011 (The Star) - The question of whether the Roundtable on Sustainable Palm Oil (RSPO) is needed in the landscape of national standards being introduced may indeed be a likely first thought. The RSPO welcomes diverse opinions and perspectives, no matter how far reaching and incongruous it may seem. The essence of discourse is that it brings forth at most times, an eventual harmonisation. And other times, a bearing to remain where one started off.

15/08/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, said it withdrew 10,500 metric tons of crude palm oil in an auction in Jakarta today.

15/08/2011 (Taipei Times) - The European Commission’s Joint Research Centre (JRC) has developed three new methods to detect an illegal clouding agent found in sports drinks imported from Taiwan, the EU said in a press statement.