Archived News
28-10-2008
Vanaspati sector opposes move to hike vegoil import duty
24/10/2008 (The Hindu Business Line) - The debate within the country’s oils and fats industry over the desirability of continuing with a zero-duty regime for imported crude oils is heating up with a memorandum from the two New Delhi-based industry associations representing vanaspati (hydrogenated oil) to the Union Food and Agriculture Minister as also the Finance Minister urging not to make any change in the present duty structure.
24-10-2008
Malaysian palm oil mills to drive Ronser’s growth
24/10/2008 (The Star Online), Damansara - Ronser Bio-Tech Sdn Bhd, a newly set up industrial waste treatment company, will focus on palm oil mills in Malaysia to drive growth.
24-10-2008
Palm oil price reduced by Rs. 5
24/10/2008 (The Hindu), Chennai - The retail price of palm oil sold through fair price shops under the special public distribution system has been reduced from Rs. 40 a litre to Rs. 35.
24-10-2008
Private Sector Help Needed To Tackle Declining Commodity Prices
23/10/2008 (Bernama), Putrajaya - The private sector's help is being sought to find solution for the declining commodity prices especially for rubber and crude palm oil.
24-10-2008
Companies Sign Pledge Against Palm Oil\'s Expansion
24/10/2008 (Environmental Protection) Thirty-one food, cosmetic, and consumer goods companies – and one palm oil supplier – have signed a Rainforest Action Network (RAN) pledge to support a moratorium on the expansion of palm oil plantations into tropical forests, according to an Oct. 22 press release.
23-10-2008
Indonesian Palm Oil Producers Ready To Use Biodiesel
23/10/2008 (Bernama), Jakarta - Most Indonesian palm oil producers are ready to utilise biodiesel fuel, to increase the use of crude palm oil, as the price of the commodity in the world market has dropped.
23-10-2008
CPO price close to critical level
23/10/2008 (The Star Online), Petaling Jaya - The crude palm oil (CPO) price is nearing its critical level of RM1,500 per tonne, mirroring the dampening impact of the global economic slowdown on demand for major commodities.
23-10-2008
India considering tax on vegetable oil imports
23/10/2008 (Daily Times), New Delhi - India is considering to tax vegetable oil imports to protect the domestic industry from a slump in prices and lift a ban on exports, the farm minister said on Wednesday.
23-10-2008
Why price of oil palm drops
23/10/2008 (Solomon Star News) - GUADALCANAL Plains Palm Oil Limited (GPPOL) general manager, Harry Brock, says the drop in palm oil prices to local outgrowers was due to global market forces.
23-10-2008
Palm oil outgrowers not happy with drop in price
23/10/2008 (Solomon Star News) - THE Palm Oil Outgrowers Association on Guadalcanal Plains wants the Guadalcanal Plains Palm Oil Limited (GPPOL) to explain the drastic drop in palm oil prices.
23-10-2008
Govt may revise tax on imports of edible oils
22/10/2008 (Live Mint) - New Delhi: India, the world’s largest buyer of vegetable oils after China, may impose tax on imports to protect oilseed growers as cheap palm oil floods the domestic market.
23-10-2008
Indonesian palm oil producers ready to use biodiesel
22/10/2008 (ANTARA News), Pekanbaru - Most Indonesian palm oil producers are ready to use biodiesel fuel to increase the use of crude palm oil while the price of the commodity in the world market has dropped.