Archived News

04/04/2011 (Moneycontrol.com) - The World Bank on Friday lifted an 18-month global moratorium on lending for new palm oil investments, endorsing a strategy that focuses on supporting small farmers that dominate the sector.

04/04/2011 (Business Times) - The Southeast Asian plantation sector was cut to “underweight” from “market weight” at UOB- Kay Hian Holdings Ltd because palm oil prices are expected to peak in the first half of 2011 and weaken in the second half, according to a report today.

04/04/2011 (ICIS) - Asia C12 lauric acid prices may continue to soften on poor buying interest and amid falling values of feedstocks crude palm oil (CPO) and crude palm kernel oil (CPKO), market sources said on Monday.

01/04/2011 (Tempo Interactive) - The government will change its palm oil industry export strategy, from only exporting raw material to exporting processed products. “In the future, 60-70 percent will be exported in its processed form,” said Coordinating Minister for the Economy, Hatta Rajasa, yesterday.

01/04/2011 (Fiji Times) - Part Two: "Social and Environmental Impacts of Palm Oil".

01/04/2011 (India Infoline.com) - A leading exporter of palm oil-based products to Japan said the country's consumption of the cooking oil remains steady for now, despite the devastating earthquake and tsunami on March 11, but demand could potentially increase in the longer term. Japan consumes around 2.3 million-2.5 million tons of vegetable oils include soya oil, rapeseed oil and palm oil.

01/04/2011 (moneycontrol.com) - South-India based edible oil refiner Sheetal Refineries has filed draft red herring prospectus with the market regulator SEBI for its public issue of upto Rs 60 crore.

01/04/2011 (British Baker) - Two major ingredients suppliers are leading the charge towards using sustainable palm oil.

01/04/2011 (Bangkok Post) - Farmers will pay a heavy price for the floods now ravaging much of the South, as more than 730,000 rai of agricultural land are already inundated and the affected area is increasing.

01/04/2011 (Bloomberg) - Storms in southern Thailand eased today as the death toll from flooding climbed to 21 and rubber producers said losses may be double a previous estimate.

01/04/2011 (Business Area) - The European Union plans to increase investment in Indonesia in recent years. The European Union saw the potential for substantial investments in Indonesia.

31/03/2011 (Bangkok Post) - The price of cooking palm oil will remain at 47 baht a litre for another three months to ensure price stability in the market and no impact on planters as producers will be required to purchase fresh palm nut at six baht a kilogramme.