Archived News
26-12-2008
Malaysia: Commodities Under More Pressure In 2009
26/12/2008 (My.Sinchew), Malaysia - Reduced demand coupled with depressed prices are expected to pressure Malaysia\'s major commodities such as crude palm oil (CPO), rubber and tin next year
26-12-2008
Indonesia to increase palm oil base rate
26/12/2008 (The West Australian) - Indonesia, the world’s biggest palm oil producer, will raise the base price for palm oil exports in January to $418 a metric ton and keep the duty at 0 per cent.
26-12-2008
Investor to produce biodiesel in Luapula
25/12/2008(Lusaka Times) - An investor has expressed interest to venture into biodiesel production from palm oil in Luapula Province next year.
26-12-2008
Veg oil prices to rise 20% in \'09
25/12/2008 (Business Standard) - Despite the weak global outlook, edible oilseeds and oils prices are likely to appreciate 20 per cent in 2009 on rising palm oil demand from the food sector constituting 15 per cent of global consumption.
24-12-2008
No case for raising customs duty on palm oil
24/12/2008 (Commodity Online), New Delhi - The Vanaspati Consultative Committee, an apex body of the Vanaspati industry has urged the Union Government not to increase customs duty on Crude Palm Oil as consumer prices of edible oils continue to be high with prices of major oilseeds ruling above Minimum Support Price (MSP).
24-12-2008
Oil palm planters may get cess respite from Govt
24/12/2008 (The Star Online), Kuala Lumpur - The Government is considering a reduction in the Malaysian Palm Oil Board cess payment or even suspend it for a certain period to assist planters in dire straits.
24-12-2008
Oil palm initiative to pay out 8% yield
24/12/2005 (The Star Online), Serdang - Plentiful Gold-Class Bhd, which manages Country Heights Growers Scheme (CHGS), a collective oil palm growing initiative, will deliver an 8% payout nett yield to its participating planters next month.
24-12-2008
Edible oil, ghee prices fall by 10 pc
24/12/2008 (The Post), Islamabad - Despite 70 percent decline in edible oil prices in the international market, edible oil and ghee prices in Pakistan declined by 10 percent only.
24-12-2008
Malaysia seeks to reverse collapse of tiger population due to poaching, logging, palm oil
23/12/2008 (Mongabay.com) - A new law seeks to double Malaysia's tiger population to 1,000 by 2020, reports BBC News.
23-12-2008
Malaysia To Ride \"Bumpy\" Economic Journey Next Year
23/12/2008 (Bernama), KUala Lumpur - Malaysia has strong fundamentals which makes the economy resilient enough to ride through next year when the fallout of the global economic slowdown begins to take effect.
23-12-2008
Haldia plant starts bio-fuel production
23/12/2008 (Times Of India), Kolkata - The city is on the threshold of a bio-fuel revolution. Very soon, buses and diesel taxis may stop belching toxic smoke, and Kolkatans may again breathe fresh air. That is, if the government changes its policies to put this green fuel in top gear, as several countries have done.
23-12-2008
Govt may impose import duty on palm oil
22/12/2008 (My Iris) - The government will consider imposing import duty on crude palm oil in order to protect Indian oilseed industry amid a steep fall in international prices, commerce and industry minister Kamal Nath revealed after the meeting representatives of the edible oil industry.