Archived News

30/12/2007(Pacific Magazine) - Woodlark Island in Papua New Guinea’s Milne Bay province will become the subject of a study by U.S. scientists early next year.

28/12/2007 (The Economic Times), Kalkata - To protect the interest of coconut growers in Kerala, the Centre has banned palm oil product imports through any ports of the state. The government ban came through a notification dated December 24, 2007, issued by the directorate general of foreign trade (DGFT), under the Union commerce ministry.

27/12/2007 (The Hindu), New Delhi - In a move aimed at protecting the coconut farmers in Kerala, the Centre has banned import of palm group of oils through the ports of the state.

27/12/2007 (The Economic Times), New Delhi - India has extended a ban on the import of palm oils to all ports in southern Kerala state after lobbying from producers of rival coconut oil, drawing criticism from a leading trade body.

28/12/2007 (The Economic Times), Mumbai - Edible oil prices have gone up in the domestic market following a firm international soya complex and palm oil prices. Prices have gone up by Rs 1-Rs 1.5 per kg for all edible oils since the past 15 days despite good supplies.

27/12/2007 (Bernama) - The East Coast Economic Region (ECER) plans to integrate cattle rearing in oil palm lands will provide dual income to oil palm farmers and create 6,000 new job opportunities in the region, Malaysian Palm Oil Board (MPOB)'s director-general Datuk Dr Mohd Basri Wahid said Thursday.

27/12/2007 (live.mint.com) - Aban imposed on the import of palm oil through the ports in Kerala two days ago may not have much effect and is also unlikely to help raise consumption of coconut oil in the state, industry sources said.

27/12/2007 (The Wall Street Journal), Borken, Germany - The European Union's dream of using vegetable-based diesel fuel in cars to cut oil imports and the pollution that causes global warming is turning sour.

26/12/2007 (The Hindu Business Line), Mumbai - Import of palm group of oils through any port in Kerala has been banned. A notification dated December 24, 2007 issued by the Director-General of Foreign Trade (under the Ministry of Commerce) has modified the import policy.

27/12/2007 (The Post, Pakistan), Islamabad - Pakistan imported 100,000 tons of palm oil by December 25 and emerged as the third-largest importer of the commodity.

27/12/2007 (The Economic Times), Kuala Lumpur - Malaysian palm oil surged to a record high on Wednesday, gaining close to 2%, as surging demand for food and fuel amid fears of falling production raised concerns about the supply outlook next year. And traders said prices of palm oil, used in products ranging from cosmetics and confectionaries to biodiesel, could rise further eary next year as fears of reduced soya plantings in the United States lift soybean prices to 34-year highs.

27/12/2007 (The News International, Pakistan), Islamabad - Pakistan imported 100,000 tonnes palm oil till Dec 25 and emerged the third largest importer of the commodity.