Archived News

18/02/2010 (GNA), Kumasi - Four oil palm processing groups in the Ashanti Region have commended the Japanese International Cooperation Agency (JICA) for initiating a training programme to enhance their operations.

18/02/2010 (Awoko) - Sierra Leone is a Least Developed Country in Africa and this has given us the opportunity to export varieties of goods to the United States under the Africa Growth and Opportunity Act (AGOA). Producers in these areas will be permitted to export products to the US duty-free.

18/02/2010 (Jakarta Globe) - New York. Nestle, the world’s largest food maker, says it has dropped Sinar Mas Group as a supplier of palm oil, after Greenpeace called on it to cut ties with the Indonesian company.

17/02/2010 (Bernama), Kuala Lumpur - Felda, the biggest palm oil-based company in the world, is heading in the right direction towards a greener environment with its initiative to convert methane gas into electricity.

17/02/2010 (Bloomberg) - Palm oil prices may stabilize between $700 and $750 a metric ton this year as China and India buy more of the commodity, Indonesian Trade Minister Mari Pangestu said.

17/02/2010 (Black Sea grain.net) - Ukraine will increase its palm oil import in the 2009/10 season due to strong export of sunoil. Since the beginning of season 2009/10 (September/January), Ukraine imported about 167 KMT of palm oil or by 23% more than some period last year (136KMT). Total 2008/09 season Ukraine imported 252 KMT of palmoil.

17/02/2010 (The Jakarta Post) - The Agriculture Ministry plans to use 1.8 million hectares of land designated as industrial forests (HTI) as oil palm plantations, pending the issuance of a regulation.

16/02/2010 (The Star Online) - FEW realised that palm-based cooking oil, or its export name RBD palm olein, is heavily subsidised by the Government, except when there is a festive season approaching for fear of shortages in the subsidised cooking oil due to hoarding.

16/02/2010 (Solomon Star News) - THE industrial strike action by workers of the Guadalcanal Plain Palm Oil (GPPOL) late last year had affected palm oil production for the month of December.

16/02/2009 (Carbon Positive) - Using carbon markets to prevent deforestation in developing countries is unlikely to provide a high enough economic incentive to save tropical forests, a study has found. The European Commission’s Science for Environment Policy unit quotes a study published in the journal Environmental Science and Technology, which compares the returns from clearing tropical forest for palm oil plantations with the likely carbon costs if such emissions were priced.

15/02/2010 (Jakarta Globe) - As Indonesia looks for ways to meet its ambitious emissions-reduction targets, the Ministry of Forestry on Monday said it plans to issue a new regulation that would allow commercial forestry companies to plant crops such as palm oil in new concession areas.

15/02/2010 (Bloomberg) - Vegetable oil imports by India, the biggest user after China, climbed 10 percent in the three months ended January after a drought reduced cooking oil production and lower prices fueled demand.