Archived News
24-02-2011
Soya Oil Declines on Fresh Selling
24/02/2011 (Commodity Online) - The refined soya oil futures witnessed a positive trend in early trade of Tuesday on extended short covering.
23-02-2011
Palm Oil Advances on Soyabean, Oil Price Gain, Output Forecast
23/02/2011 (Bloomberg) - Palm oil gained for the first time in six days as prices of soyabeans and crude oil rallied, while ECM Libra Capital Sdn. forecast an increase in production.
23-02-2011
Crude Palm Oil Futures Remain Up on Global Cues
23/02/2011 (Business Times) - Crude palm oil futures prices rose further by adding 0.16 per cent to Rs 564.20 per 10 kg today on sustained buying by traders on the back of firm global trends.
23-02-2011
Soya-Oil Exports Jump to Record as Palm Declines, Oil World Says
23/02/2011 (Bloomberg) - Soyabean-oil exports jumped to a record in the October-January period as shipments of rival palm oil decreased, Oil World said.
23-02-2011
Global CPO Production To Increase Post La Nina
23/02/2011 (Borneo Post Online) - Relevant crude palm oil (CPO) authorities; Oil World and the US Department of Agriculture have both given rather exuberant forecasts for global CPO production this year.
23-02-2011
RI Should Speed Up FTA Talks With India: Gapki
23/02/2011 (The Jakarta Post) - The Association of Indonesian Palm Oil Producers (Gapki) called on the government to speed up negotiations of a free trade agreement with India to protect Indonesia’s palm oil market following last week’s India-Malaysia Free Trade Agreement (FTA). The India-Malaysia FTA would allow Malaysian firms to get better concessions for palm oil and refined products.
23-02-2011
COOKING OIL - 33m Litres To Be Available In 15 Days
23/02/2011 (The Nation) - The National Oil Palm Policy Committee confirmed yesterday that 33 million litres of cooking palm oil would enter the market within 15 days and the government would make a total subsidy allocation of Bt214 million to the Energy Ministry and producers of cooking palm oil.
23-02-2011
Soyabean To Remain Supportive In Domestic Market On Weak Stock Position
23/02/2011 (India Infoline Ltd.) - Soyabean prices in domestic market is likely to remain supportive in the coming days due to receding stocks of soya bean in major mandies against strong crushing demand from soya oil millers.
22-02-2011
Porntiva Tables Palm Oil Crisis Action Plan
Rejig of import-export rules among proposals.
22-02-2011
Certified Soyabean Will Have Level Playing Field
22/02/2011 (The Star Online) - BY April, the world will possibly be getting its first taste of certified soybean from South America and India an initiative taken by the Roundtable on Responsible Soy Association (RTRS).
22-02-2011
Rocketing Food Prices To Boost Indonesia Downstream Palm Investment
22/02/2011 (Daily Times) - Rising food prices and a government drive to develop Indonesia’s commodity processing sector will lure more firms to invest in palm oil products in the world’s top maker of the oil, despite erratic power, bad roads and aging ports that complicate the task of processing and moving goods.
22-02-2011
Thai Central Bank Closely Monitors Accelerating Inflation
22/02/2011 (MCOT.NET) – Bank of Thailand (BoT) Deputy Governor Atchana Waiquamdee on Monday revealed the central bank was keeping a close watch on the country's accelerating inflation rate.