Archived News
01-10-2010
Australia may require labeling of products containing palm oil
01/10/2010 (Mongabay.com) - An Australian senator introduced a legislation that would require manufacturers to specify whether palm oil has been used in their food products, reports the Australian Associated Press. Presently food labeling laws in Australia allow companies to list palm oil as "vegetable oil" on packaging even though it comes from a palm tree.
01-10-2010
Crude palm oil futures down on profit-booking
01/10/2010 (The Economic Times) - Crude palm oil prices declined by Rs 4.40 to Rs 408.80 per 10 kg in futures trade today, as traders booked profits, driven by a weak trend in the spot markets.
01-10-2010
Soy oil zooms on short positions
01/10/2010 (Commodity Online) - The refined soy oil futures recovered from recent losses on Thursday as investors covered their short positions.
30-09-2010
CPO advances bearish trend on selling
30/09/2010 (Commodity Online) - The MCX CPO futures advanced its bearish trend for third day in a row on extended selling pressure.
30-09-2010
Palm Oil Powers to First Quarterly Gain in Three with 15% Gain
30/09/2010 (Bloomberg) - Palm oil had its first quarterly gain in three, chalking up a 15 percent advance for the period while climbing ahead of a report on U.S. stockpiles of soybeans, used to make a rival oil.
30-09-2010
Indonesia to impose a 2% export tax on biodiesel in October
30/10/2010 (Platts), Singapore - Indonesia, a burgeoning exporter of biodiesel in Southeast Asia, will impose a 2% export tax on biodiesel for the first time in October, trade sources said this week.
30-09-2010
Palm Oil in Malaysia Rebounds With Soy After Biggest Decline in Five Weeks
30/09/2010 (Bloomberg) - Palm oil, poised to post its first quarterly gain in three, climbed ahead of a report on U.S. inventories of soybeans, used to make a rival oil.
30-09-2010
Palm Oil Powers to First Quarterly Gain in Three with 15% Gain
30/09/2010 (Bloomberg) - Palm oil had its first quarterly gain in three, chalking up a 15 percent advance for the period while climbing ahead of a report on U.S. stockpiles of soybeans, used to make a rival oil.
29-09-2010
CPO falls in line with weak edible oil markets
29/09/2010 (Commodity Online) - The crude palm oil futures fell further on extended selling pressure moving in line with weak other oil market.
29-09-2010
Crude palm oil futures decline on weak global cues
29/09/2010 (PTI), New Delhi - Crude palm oil prices declined by Rs 3.60 to Rs 415.30 per 10 kg in futures market today as speculators reduced positions in tandem with a weakening global trend.
28-09-2010
Recycle oil palm waste, millers told
28/09/2010 (The Star Online), Kota Kinabalu - Oil palm millers should recycle oil palm waste into re-useable materials, Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said.
28-09-2010
New oil palm clone set to double palm oil yield up to 10 tonnes per ha
28/09/2010 (The Star Online), Kota Kinablu - A new oil palm clone dubbed Wakuba oil palm ramet brand was launched with a promise of doubling the current oil yield.