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MARKET DEVELOPMENT  
  15-04-2008

‘India may relax oilseeds import next year’

14/04/2008 (The Hindu Business Line), Chennai - The Union Government may relax import of oilseeds in 2009 to take the heat out of an “overheated domestic” oil and oilseeds market, according to Mr Dorab Mistry, Director, Godrej International Ltd.

MARKET DEVELOPMENT  
  15-04-2008

Being Top Producer Of Palm Oil Not A Big Issue, Says Malaysian Official

14/04/2008 (Bernama), Kota Kinabalu - Malaysia is not concerned over the issue of who will be the world's biggest palm oil producer as the country prefers to place extra focus on palm oil that is sustainably produced, a Malaysian palm oil official said Monday.

MARKET DEVELOPMENT  
  15-04-2008

POTS 2008 Set To Further Boost Palm Oil Exports

14/04/2008 (Bernama), Dubai -- The first Malaysia-United Arab Emirates (UAE) Palm Oil Trade Fair & Seminar 2008 (POTS 2008), which will be held here on May 26-27, is set to further enhance business opportunities in the Gulf region.

MARKET DEVELOPMENT  
  15-04-2008

CPO, commodities’ prices drive inflation

14/04/2008 (The Edge Daily), Kuala Lumpur - Prices of commodities appear to have been caught up in the upward draught of palm oil and soybean oil prices.

MARKET DEVELOPMENT  
  15-04-2008

Malaysia Concerned About Negative Carbon Debt Campaigns On Palm Oil Industry, Says Peter Chin

14/04/2008 (Bernama), Kota Kinabalu - Malaysia is greatly concerned by the negative campaigns targeted at the palm oil industry especially with regard to the distorting views on carbon debt, said Minister of Plantation Industries and Commodities, Datuk Peter Chin Fah Kui.

MARKET DEVELOPMENT  
  14-04-2008

Edible oil prices slip by 20-28%, new import deals uncertain

12/04/2008 (The Financial Express), Mumbai - With an increased uncertainty in the domestic market and weakening international Markets, edible oil importers are now reluctant to enter into the new contracts for the imports as prices have fallen considerably by 20-28% in last one month after the duty cut announced by the government.

MARKET DEVELOPMENT  
  14-04-2008

Online One unit to use MPOB technology

11/04/2008 (The Edge Daily), Kuala Lumpur - Online One Corp Bhd subsidiary Ace Edible Oil Industries Sdn Bhd (Ace Oil) has been licensed to use Malaysian Palm Oil Board’s (MPOB) patented technology in oil and fat separation.

MARKET DEVELOPMENT  
  14-04-2008

Tesco green fuel ‘adds to climate change’

14/04/2008 (Times Online, UK) - Tesco has made false claims about the source of the green fuel sold at its service stations, according to an investigation that found that the chain sold one of the most environmentally damaging types of biodiesel.

MARKET DEVELOPMENT  
  14-04-2008

Govt to provide edible oil at subsidised rate

13/04/2008 (Newindpress), Bhubaneswar - INFLATION touching all-time high and hitting the common people the most, Centre’s decision to provide 1 kg edible oil in poly pack at subsidised rate to the ration card holders from next month has come as a relief.

MARKET DEVELOPMENT  
  14-04-2008

Nigeria must deviate from crude oil to Agriculture –Akor

13/04/2008 (The Tide Online) - Alex J. Akor, an associate professor of Agricultural Engineering with the Rivers State university of Science and Technology, Nkpolu, Port Harcourt, is a man to trust when it comes to issues of local and international concern.

MARKET DEVELOPMENT  
  14-04-2008

Finally, coconut oil gets its due!

12/04/2008 (Commodity Online), Kochi - The progress of the Indian coconut sector during the last two decades can be classified into three distinct categories.

MARKET DEVELOPMENT  
  10-04-2008

Govt arranges talks to settle truckers, edible oil makers row

10/04/2008 (The News International, Pakistan), Karachi - Sindh government will hold negotiations on Thursday for settlement of a confrontation between owners of private oil-trucks and edible oil manufacturers that has fanned fears of shortage of commodity in coming days.