Archived News
19-03-2010
Firm\'s RM25m fertiliser plant to meet Sabah, K\'mantan demand
19/03/2010 (Daily Express), Lahad Datu - Behn Meyer, one of the biggest fertiliser and chemical trading companies in Malaysia, is investing RM25 million on its 7.6-acre fertiliser cluster here. The plant is an expansion of the company's business in Sabah where it has branch offices in Lahad Datu, Sandakan and Tawau.
18-03-2010
Nestle drops Indonesian palm oil supplier
17/03/2010 (Forbes), Geneva - Swiss food and beverage company Nestle SA says it dropped an Indonesian palm oil supplier over concerns about the company's environmental record.
18-03-2010
Nestle Replaces Oil Supplier Amid Greenpeace Campaign
17/03/2010 (Bloomberg) - Nestle SA said it dropped Sinar Mas Group as a supplier of palm oil, after Greenpeace called on the world’s largest foodmaker to cut ties with the Indonesian company.
18-03-2010
Changes in crude oil market affect vegoils
11/03/2010 (The Hindu Business Line), Kuala Lumpur - The relationship between crude petroleum oil and vegetable oil via the biodiesel route is by now well established. Changes in the crude petroleum market fundamentals are sure to impact vegetable oils including palm oil.
17-03-2010
Palm oil imports down in March
17/03/2010 (Daily Times, Pakistan) Islamabad - Pakistan’s palm oil imports are seen down in March, as ample stocks will likely limit incoming shipments to around 118,000 tonnes, a top industry official said on Tuesday.
17-03-2010
ANALYSIS-US soyoil lures funds on biofuel optimism
16/03/2010 (Reuters), Chicago - Investment funds are betting U.S. soyoil futures, up 9 percent since February, will keep rallying as the Obama administration pushes for greater use of biofuels to reduce dependence on crude oil.
17-03-2010
Pakistan March palm oil imports down, no Apr cover
16/03/2010 (Reuters), Islamabad - Pakistan\'s palm oil imports are seen down in March as ample stocks will likely limit incoming shipments to around 118,000 tonnes, a top industry official said on Tuesday.
17-03-2010
Rain, Storms Forecast in Malaysia’s Palm Oil Areas, Prices Fall
16/03/2010 (Bloomberg) - Rains and thunderstorms were forecast in Malaysia’s biggest palm oil producing states, easing concerns El Nino may curb output in the world’s second-largest producer of the tropical oil. Prices fell.
17-03-2010
Consumers Must ‘Get Used to’ Higher Oilseed Prices, Mistry Says
16/03/2010 (Bloomberg) - Prices of vegetable oils must rise to encourage farmers to boost planting and meet surging global demand for food and biofuels, Godrej International Ltd. said.
17-03-2010
Vegetable oil imports down 8% to 0.7 mt
16/03/2010 (The Financial Express), New Delhi - India's vegetable oil imports in February fell 8% to 700,769 tonne from a year ago as higher purchases in the previous months pushed up port stocks, the Solvent Extractors Association of India (SEA) said on Monday.
15-03-2010
Nestlé sets timetable for palm oil decisionKit-Kat maker and supplier Cargill respond to Greenpeace campaign
15/03/2010 (Guardian.co.uk) - The head of operations for Nestlé Jose Lopez has told Guardian Sustainable Business that he expects to eliminate all traces of palm oil from Sinar Mas from its supply chain by mid-May, providing the allegations by Greenpeace linking the company to deforestation stand up.
15-03-2010
Palm oil declines to lowest level in almost two weeks
15/03/2010 (Bloomberg), Singapore - Palm oil dropped for a third day to the lowest level in almost two weeks as crude oil fell and on concerns record soybean supplies from South America will reduce the need for substitutes.