Archived News

19/04/2011 (Bernama) - Palm oil tankers will be fitted with the "Global Positioning System" by year-end, says Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.

19/04/2011 (Mongabay.com) - Groups funded by the palm oil industry lashed out at the World Bank's new framework to resume lending to the palm oil sector.

19/04/2011 (The News International) - Pakistanís edible oil imports are likely to go up by five percent in 2011/12 to a record 2.16 million tons, a report of United States Department of Agriculture (USDA) said.

19/04/2011 (Jakarta Globe) - Indonesia is losing forest area about four times the size of Jakarta as politicians continue to bicker over a moratorium on cutting down trees.

19/04/2011 (Business Today) - If you are a commodity investor invested in iron ore, palm oil or chana alias chickpea, or are planning to put some money in these commodities, it may be worth taking a closer look at the recent budget proposals. Finance Minister Pranab Mukherjee has proposed to hike export duty on iron ore and has also allocated Rs 300 crore each for promoting palm oil and pulses production. Chana being the lone member of the pulses family that is traded on the commodity exchanges will feel the heat.

19/04/2011 (Solomon Star) - Exports jumped to $213.4 million from $116.6 million in the month of February.

19/04/2011 (Solomon Star) - Exports jumped to $213.4 million from $116.6 million in the month of February.

19/04/2011 (New Zealand Herald) - At a time when consumers are focused on near-record food costs, global stockpiles of edible oils needed to make everything from noodles to fish sticks are dropping to a three-decade low.

18/04/2011 (Food Product Design) - Fat crystallization is an important property in many food products, such as margarine-style spreads. To further delve into the science behind fat crystallization, Malaysian scientists examined the mechanism related to crystallization and emulsification of palm oil–based margarine fats. The researchers also looked at the main triacylglycerol (TAG) responsible for primary crystal formation and the best level of palm oil stearin that gives the required microstructure properties and body to finished products such as margarine, shortening and butter.

18/04/2011 (Forexyard) - Palm oil producer Sampoerna Agro sees output climbing as much as 8 percent this year from 289,000 tonnes in 2010, while planting will jump by at least 10 percent, an official from the Indonesian firm said on Friday.

18/04/2011 (Helsingin Sanomat) - Speaking at a Greenpeace press briefing in Helsinki on Thursday, director Lukas Straumann from Swiss NGO Bruno Manser Fonds, specialists in defending rainforests and indigenous people in the Malaysian state of Sarawak, urged the Finnish oil refiner Neste Oil to stop using palm oil in biofuel production.

18/04/2011 (Daily Times) - Pakistan’s trade balance—with its 53 trading partners—has been in deficit for the last five years, National Assembly was informed on Friday.