Archived News
23-06-2011
USC Raises Ghee, Cooking Oil Prices By Rs 7 per Kg
23/06/2011 (Daily Times) - The Utility Stores Corporation of Pakistan (USC) has made its first upward revision in ghee and cooking oil prices after announcement of the budget, which will put an adverse impact on the already bruised consumers, who are working hard to make ends meet.
23-06-2011
Edible Oil Tops Food Import Bill In 11 Months Of FY 2011
23/06/2011 (Daily Times) - The share of edible oil in the total food imports stood at 40 percent during 11 months of fiscal 2011, traders said.
23-06-2011
Select Edible Oils Decline On Weak Global Cues
23/06/2011 (Business Standard) - Edible oil prices declined by up to Rs 30 per quintal in the wholesale oils and oilseeds market today on fall in demand at prevailing levels amid weak global cues.
22-06-2011
Certified Sustainable Palm Oil Derivatives ‘Prohibitively Expensive’ In US
22/06/2011 (Food Navigator) - It could be years before certified sustainable palm oil (CSPO) derivatives are affordable for most US food manufacturers, although changes to the ‘mass balance’ option for sustainable palm could bring prices down, suppliers have admitted.
22-06-2011
Palm Oil Barons Dominate Indonesian “Rich List
22/06/2011 (WorldCrop.com) - Eka Tjipta Widjaja, the head of palm oil giant Sinar Mas Group, has climbed to the top of Indonesia’s rich list, according to the business magazine Globe Asia.
22-06-2011
Pressing Palm Oil Issues
22/06/2011 (The Star) - Labour shortage, low wage structure, the Roundtable on Sustainable Palm Oil (RSPO) certification, stagnating yield, high taxes and levies as well as Malaysia losing its competitiveness in the palm-based downstream activities to Indonesia, hogged the limelight at the Incorporated of Society of Planters National Seminar 2011 (ISP NATSEM 2011) yesterday.
22-06-2011
Palm Oil Farming Gets Boost in Mizoram
22/06/2011 (Assam Tribune) - The Mizoram Agriculture department has claimed that more oil will be cultivated from palms in Mizoram in an area covering about 3,000 hectares under Integrated Scheme of Oilseed Oilpalm and Maize (ISOPOM).
22-06-2011
ACCCIS Wants Levy Increase On Foreign Workers To Be Reduced
22/06/2011 (Bernama) - Industry players here want the increase in the levy on foreign workers, especially in the plantation, construction and services industries, to be reduced to sustain economic growth.
22-06-2011
China Green Comments on Recent Floods in China and Independent Laboratory Tests of Beverage Products
22/06/2011 (TodayIR) - China Green (Holdings) Limited, (HK:0904), ("China Green", the "Group", or the "Company"), a leading branded food and beverage company and integrated green-food provider in China, today issued a response regarding the severe floods in Hubei and Jiangxi provinces in China. In addition, the Company announced that it has performed independent third-party laboratory tests on its selected multi-grain branded beverage products, and the results showed no evidence of DEHP.
22-06-2011
Hoarding Price Hike Ahead of Ramazan
22/06/2011 (The News International) - The middlemen continued to stoke the price-hike of food items in the wholesale and retail markets ahead of Ramazan, traders said on Tuesday.
22-06-2011
Critically Endangered Orangutan Pushed Closer to Extinction as Government Set to Reject Mandatory Labelling of Palm Oil
22/06/2011 (News Maker) - Thursday’s recommendation by the Senate Community Affairs Legislative Committee to reject a bill that requires mandatory labeling of palm oil in food products will mean that Australians are kept in the dark as palm oil continues to be labelled as vegetable oil.
22-06-2011
Spain\'s Cepsa to Expand into Second-Generation Biodiesel
22/06/2011 (Renewable Energy World) - Spanish petrochemical company Cepsa plans to make 26.4 million gallons of biodiesel at three factories in Southern Spain.