Archived News

06/01/2009 (The Star Online), Petaling Jaya - As crude oil price rose for the third consecutive trading day, hitting US$48.68 per barrel in New York yesterday, crude palm oil (CPO) also followed suit, shooting past RM1,800 per tonne

06/01/2008 (The Economic Times / India Times), Mumbai - Domestic supply of edible oils would be enough to ensure that demand is comfortably met during the first quarter of calendar year 2009. Good reports for mustard crop and imports will be sufficient to address the incremental demand that followed a decline in edible oil prices last year, according to industry experts.

06/01/2008 (Business Standard) - Palm oil is being sold at Rs 1.50 a kg discount to the prevailing price in the benchmark Malaysian markets, thanks to an abundance of supply from Indonesia.

05/01/2009 (Allafrica) - The Plantation Owners Forum of Nigeria (POFON) has decried the recent plan of the Federal Government to lift the ban on importation of palm oil and other related products as well as approve massive importation of such commodities.

05/01/2009 (Sindh Today), New Delhi - India’s edible oil deficit is expected to widen by 73.5 percent by 2020 to more than 8.1 million tonnes a year from the current 4.71 million tonnes, said an industry lobby report, released here Monday.

06/01/2009 (The Star Online), Petaling Jaya - As crude oil price rose for the third consecutive trading day, hitting US$48.68 per barrel in New York yesterday, crude palm oil (CPO) also followed suit, shooting past RM1,800 per tonne.

05/01/2009 (The Edge Daily), Kuala Lumpur - It was a roller-coaster ride for oil palm players in 2008, as crude palm oil (CPO) started the year at RM3,050 a tonne, gaining momentum to scale new heights at RM4,486 and then a freefall to RM1,390 a tonne.

05/01/2009 (Thomson Financial News), Kuala Lumpur - Malaysian plantation stocks gained on Monday on hopes that a rise in crude oil prices would bolster palm oil prices, dealers said.

05/01/2009 (The Hindu), Kochi - Coconut productivity should be enhanced and quality in supplies should be ensured, Coconut Development Board chairperson Minnie Mathew has said.

02/01/2008 (Guardian.co.uk) - Coffee grounds — currently wasted or used as garden compost — could become a cheap and environmentally friendly source of biodiesel and fuel pellets, says a study.

02/01/2009 (The Economic Times), New Delhi - The government may not impose an import duty on crude palm oils for the time being due to the rise in prices of cooking oils in the domestic market even as a section of the industry has asked for a 30% duty.

01/01/2009 (The Star Online), Johor Baru - The Johor National Park Corporation (JNPC) has called for cooperation from owners of oil palm plantations located near its parks to prevent poachers from entering the forest areas.