Archived News
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.
21-02-2011
Abhisit rejects fund to steady palm oil price
Porntiva calls for govt to allocate B1bn budget.
21-02-2011
Crude palm oil futures seen to be trading at RM3,600 to RM3,800
21/02/2011 (The Star Online) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to be traded around the RM3,600 to RM3,800 per tonne level this week as some investors might pull back investments in local commodities, dealers said last week.
21-02-2011
Nigeria spends $5b on food imports yearly .
21/02/2011 (Nigerian Compass) - As tariff on food imports rise, African countries are spending about $50billion on food imports every year. From the amount, Nigerian spends $5billion while Ghana spends S1billion.
21-02-2011
Commodity Trends: Soybean,Chana Prices Weaken
21/02/2011 (Commodity Online) - Soybean prices tracked global trends to fall in Indian markets while chana prices declined on arrivals and sluggish domestic demand. Soybean prices fell at CBOT after US exports to China fell on scrapping of an order signaling importers may be switching to South American supplies, according to a Bloomberg report.
21-02-2011
Govt \'Can Solve\' Palm Oil Crisis
21/02/2011 (The Nation) - The government is expected by tomorrow to crack the palm oil crisis without having to spend Bt1 billion to freeze the price, as suggested by the Commerce Ministry.
20-02-2011
Thai Govt promises action on palm oil shortage
20/02/2011 (AsiaOne) - Deputy Prime Minister Suthep Thaugsuban, who chairs the national palm-oil policy committee, yesterday pledged to come up with effective measures to solve the acute shortage of cooking oil next week.
20-02-2011
Select edible oils strengthen on rising seasonal demand
20/02/2011 (Business Standard) - Select edible oil prices continued their upward movement on the wholesale oils and oilseeds market during the past week on persistent buying by vanaspati millers, buoyed by the ongoing marriage season.