Archived News

18/02/2011 (istockanalyst) - China\'s Ministry of Commerce (MOC) raised the estimates of soya oil, palm oil and rapeseed oil imports by 30,000 metric tons (tonnes), 86,300 tonnes and 26,900 tonnes respectively over its previous forecasts made in late January.

18/02/2011 (Business Times) - THE Comprehensive Economic Cooperation Agreement (CECA) between Malaysia and India will be inked today, providing businessmen better access to the goods and services in the two countries.

17/02/2011 (Business Times) - Malaysia’s palm oil exports rose 7.3 per cent in the first 15 days of February compared with the previous month, estimated Societe Generale de Surveillance, an independent cargo surveyor.

17/02/2011 (Bloomberg) - Palm oil dropped the most in two months, tracking overnight losses in soybeans which declined amid a report that Brazil’s output and exports may climb to records and on speculation U.S. farmers may increase planting.

17/02/2011 (Business Standard) - Crude palm oil prices moved down by Rs 7.50 to Rs 583.40 per 10 kg in futures trade today as speculators reduced their holdings, tracking weakening global trend.

17/02/2011 (AlertNet) - Environmentalists and the government have welcomed a pledge by Indonesia's largest palm oil producer to follow new standards to protect carbon-rich forests and peat land.

16/02/2011 (Bloomberg) - Palm oil dropped, tracking crude oil prices that traded near the lowest level in 10 weeks after an end to protests in Egypt eased concern that oil shipments from the Middle East will be disrupted

16/02/2011 (MSN News) - Prices of palmolein and crude palm oils declined by Rs 20 per quintal on the wholesale oils and oilseeds market today, largely in tandem with weakening global trends.

16/02/2011 (Business Line) - Vegetable oils import declined 17 per cent in January compared with the same period a year ago on higher domestic oilseeds crop.

16/02/2011 (TIME) - It's easy to miss amid the drama of Egypt — though the two stories are connected — but the world is in the grip of a full-blown food crisis.

14/02/2011 (The Sun Daily Online) - THIS was the headline in The Telegraph two weeks ago. The article went on to say that new satellite imagery has shown, with demand for palm oil, land has been cleared indiscriminately. "We never knew exactly what was happening in Malaysia and Borneo," the newspaper quoted Alex Kaat from Wetlands International as saying. "Now we see there is a huge expansion (of deforestation) with annual rates that are beyond imagination."

14/02/2011 (The Denki Shimbun (The Electric Daily News)) - In Malaysia, a thermal power generation project using waste from the milling of palm fruit for oil extraction as fuel has gotten on track. Initially, there was a problem with unsteady combustion temperature in boilers due to an inability to skillfully adjust the amount of moisture in the fuel, but this problem was resolved with experience, and the boiler now remains in stable operation.