Archived News

01/03/2011 (Bloomberg) - Palm oil fell on concern that higher energy costs may threaten the global economy recovery and cool demand for commodities after Libya’s violent uprising spread to other parts of the Middle East.

01/03/2011 (The Star Online) - PALM oil conferences hosted by the Malaysian authorities are set to become more innovative and creative as the fight for the global vegetable oils market turns tougher following the sustainable requirement imposed on agriculture crops worldwide.

01/03/2011 (The Star Online) - Used vegetable oil is deemed by many as one of the best feedstocks for producing biodiesel. For one, waste will be recycled into new – and green – fuel. And as the price of crude palm oil escalates, waste oil becomes an even more attractive alternative for making biodiesel. Further­more, making biodiesel from waste oil – instead of virgin palm oil – allays fears of a food source being turned into fuel.

01/03/2011 (Business Green) - Plans to create a sustainable palm oil industry are set to take a major step forward next month when the World Bank Group (WBG) presents a long-awaited strategy detailing how it could lift its moratorium on new palm oil investments as part of efforts to enhance the sector's sustainability practices.

01/03/2011 (Daily Times) - The palm oil imports into the country during January 2011 decreased by 12.60 percent as compared to the imports of December 2010.

01/03/2011 (Equity Bulls) - The Union Finance Minister, Shri Pranab Mukherjee has proposed to provide an amount of Rs. 300 crore to bring 60,000 hectares under palm oil plantations, by integrating the farmers with the markets.

01/03/2011 (China Daily) - Palm oil gained for a second day, tracking gains in crude oil and soyabeans, which surged the most in six weeks on Friday on bets that increasing export demand for US crops will tighten global supplies.

01/03/2011 (Bangkok Post) - The Commerce Ministry should be able to distribute more one-litre bottles of imported cooking palm oil to stores nationwide this week, minister Porntiva Nakasai said on Monday.

01/03/2011 (Financial Express) - It is an inclusive and growth-oriented Budget. The FM has given importance to the agriculture sector by recognising that agriculture development is central to India’s growth strategy.

01/03/2011 (Business Standard) - Terming the general budget as "farmer-friendly", Agriculture minister Sharad Pawar today said the government has fulfilled the long-cherished demand of farming community by lowering the interest rate on farm loan to 4 per cent through subvention incentives.

25/02/2011 (thenews.com) - Food price inflation and recovering Southeast Asian palm oil output will take centre stage at the industry’s largest event - the Bursa Malaysia’s annual Palm and Lauric Oils Conference & Exhibition.

28/02/2011 (Biofuel-News) - In Thailand, the world's third-largest producer of palm oil, the Energy Ministry is to hold 5,000 tonnes of crude palm oil (CPO) for use of cooking oil, as the country's government works to address the shortage of domestic palm oil.