Archived News

03/12/2009 (Bloomberg) - India, the largest consumer of edible oils after China, may retain duty-free status for crude palm oil imports as food inflation concerns mount, said Thomas Mielke, chief executive of industry publication Oil World.

03/12/2009 (The Jakarta Post) - Despite environmental concerns, Indonesia plans to continue the expansion of its much-contested oil palm plantations to cover a total area of 18 million hectares, from the current 9.7 million, to generate more employment and improve people's welfare.

03/12/2009 (The Jakarta Post) - Palm oil companies in the country said Thursday that the export regulation on crude palm oil (CPO) export was too tight and often influenced CPO prices.

03/12/2009 (Mail Online) - Waitrose will start using sustainable palm oil in its own-brand food in an attempt to help prevent climate change, the supermarket announced.

03/12/2009 (The Jakarta Post) - Indonesia, now the world’s number one crude palm oil (CPO) producer, wants to become number one in the palm oil downstream sector with a number of government incentives currently being deliberated to boost the downstream sector.

03/12/2009 (The Independent) - Waitrose is to switch its own-brand foods to "sustainable" palm oil in a move intended to help prevent deforestation, climate change and other problems caused by the world's cheapest vegetable oil.

02/12/2009 (Agrimoney) - While shares often enjoy a so-called "Santa rally" in December, palm oil may be poised for a Christmas crunch as heavy inventories take their toll.

02/12/2009 (Commodity Online), Monrovia - West African nation Liberia on Tuesday said it is in the final stages of securing a $1.6 billion Indonesian investment in palm oil production which is expected to create 35,000 jobs.

02/12/2009 (Business Times, Malaysia) - Indonesia and Malaysia, the world’s largest palm oil producers, may experience slower output growth next year due to the resurgent El Nino weather condition, a top industry analyst said on Wednesday.

02/12/2009 (Pakwatan) Islamabad - Pakistan will likely import over 100,000 tonnes of palm oil for December despite high domestic inventories, a leading industry official said on Wednesday, with orders already placed for about 60,000 tonnes.

02/12/2009 (The Jakarta Post) - The country's largest bank by assets, Bank Mandiri, has extended more funding for the country’s the palm oil sector as it continues to outperform other agricultural sectors.

02/12/2009 (The Jakarta Post) - Indonesia's position as the world's number one palm oil producer would likely not be shaken in years to come as the country has 18 million hectares of land that could be used for palm oil plantations, almost doubling from the current 9.7 million hectares that have been licensed for palm oil estates.