Archived News

21/04/2009 (Indopia), New Delhi - India & a poss edible oil imports are projected to decline by 12 per cent to around 6 million tonnes in 2009-10 season due to an expected rise in domestic output and large carry-over stocks, the USDA said in a report.

21/04/2009 (Solomon Star) - PALM Oil production for February has dropped by 11 percent, to reverse the 9% growth in the previous months.

21/04/2009 (NST Online), Kota Kinabalu - Palm oil thefts in Sabah have caused losses of up to RM9 million, with syndicates stealing up to 3,000 tonnes of oil last year.

21/04/2009 (Business Standard) - All kinds of motives can be attributed as to why the trade went all out to import 3.434 million tonnes of edible oil in the first five months of the 2008-09 oil year (November to October). Imports jumped by 1.5 million tonnes over the same period last year, confounding all the stakeholders.

20/04/2009 (Joy Online) - Mr. Charles Cofie, Chief Executive Office of Unilever has reiterated his call on the Ghana Standard Board (GSB) and other authorities to control the influx of counterfeit products onto the Ghanaian market.

20/04/2009 (The Jakarta Post) - The state-owned electricity company PT PLN has welcomed the International Finance Croporation (IFC)-initiated biomass power plant projects using palm oil wastes and rice husks, an official says.

20/04/2008 (Reuters), Kuala Lumpur - India, the world's No 2. vegetable oil buyer, has only covered about a third of its palm oil requirements for May, which will spark off a scramble for supplies before prices go any higher, traders said on Monday.

17/04/2009 (ICTSD) - An Indonesian palm oil company has become the country’s first to be certified ’sustainable’ by the Roundtable on Sustainable Palm Oil (RSPO). But environmentalists caution that production in the world’s largest palm oil producing country continues to pose a serious environmental threat.

17/04/2009 (The Jakarta Post) - It's the world's largest producer of crude palm oil and fourth largest producer of rice, Indonesia has huge potential for generating electricity from the tens of millions tons of waste from the two industries.

17/04/2009 (Teatro Naturale) - Manufacturers are now required to state on food labels the amount of trans fatty acids, also called hydrogenated fats, in packaged foods. Both trans fatty acids and saturated fatty acids are associated with elevated heart disease risk factors.

17/04/2009 (The Daily Star) - The price of edible oil increased in the capital with its gradual rise in the international market since last month.

16/04/2009 (The Hindu Business Line), Chennai - Vegetable oil imports increased 28 per cent in March compared with the same period a year ago but the pace of the shipments in to the country slowed down compared with the previous three months.