Archived News
10-06-2008
Palm oil rises on biofuel demand, soyaoil prices
10/06/2008 (Commodity Online), Kuala Lumpur - Higher demand for biofuel caused by crude oil prices and rally in prices of soyaoil helped Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives Bhd on Monday.
05-06-2008
Oil palm companies to pay windfall tax from July 1
05/06/2008 (The Star Online), Petaling Jaya - The Government will impose windfall tax on oil palm companies starting July 1.
05-06-2008
Win-win tax formula
05/06/2008 (NST Online), Kuala Lumpur - Plantation companies may not grumble about being hit with a windfall tax because the government has also scrapped the cooking oil cess at the same time.
05-06-2008
Govt to cut rebates on exports of edible oils
05/06/2008 (China Daily) - China is set to scrap the tax rebates on exports of vegetable oils from next Friday, which analysts said would help drive down domestic prices, although the effect would not be very "big".
05-06-2008
Far East to double landbank
05/06/2008 (The Star Online), Kuantan - Far East Holdings Bhd plans to double its plantation land bank to 40,000ha from 20,000ha currently to take advantage of strong crude palm oil (CPO) prices.
05-06-2008
Environmentally responsible palm oil production facility will set precedent for sustainability
04/06/2008 (PR-inside.com) - Palmas del Ixcan's palm plantations achieved another milestone last month following a ceremony on May 21st with U.S. Ambassador to Guatemala, James Derham, and Green Earth Fuels, LLC President & CEO, Gregory Bafalis, planting the plantations first palm.
04-06-2008
What’s palm oil got to do with orangutans?
04/06/2008 (The Economic Times) - Palm oil is everywhere. This globally traded vegetable oil is found in thousands of products you buy off the shelf, including ice cream, chocolate, biscuits, crisps, lipsticks, toothpaste, soap, detergents, cosmetics.
04-06-2008
Palm oil imports to fall 5-10pc
04/06/2008 (The News - International, Pakistan), Karachi - Pakistan’s import of palm oil will decrease by 5 to 10 per cent this year, as high price mars edible oil demand and an economic slowdown hits industrial production, a top importer said on Tuesday.
04-06-2008
Taxes adjustments to bring ghee price down
04/06/2008 (The Nation, Pakistan), Lahore - The government has decided for making taxes adjustments to bring the sky rocketing prices of edible oil and ghee down in the open market, sources told The Nation here Tuesday.
04-06-2008
China stops refunding export tax on some vegetable oil products
03/06/2008 (Xinhua), Beijing - China will stop refunding export taxes levied on some types of vegetable oil from June 13, the Ministry of Finance (MOF) said in a statement on Tuesday.
04-06-2008
Govt keeps base prices of edible oils unchanged
03/06/2008 (The Economic Times), New Delhi - The government on Tuesday decided to keep the base prices of edible oils unchanged for this fortnight.
04-06-2008
FACTBOX-World biofuels production and its impact
03/06/2008 (Reuters) - The following are facts about biofuels production as world leaders meet in Rome this week to discuss the global food price crisis.