Archived News
24-10-2007
Edible oil for biofuel under attack
23/10/2007 (Business Standard) - The Solvent Extractors’ Association of India (SEA) has urged the government to discourage the use of edible oils, including rapeseed oil, palm oil and soybean oil, for biofuel as it would lead to a price rise in edible oils.
22-10-2007
Experts work to save orangutans
22/10/2007 (The New Zealand Herald), Chicago - The remaining 62,000 orangutans in the wild could be wiped out within decades as forests in their Asian island habitat are decimated by loggers and palm oil farmers, say conservationists.
22-10-2007
Palm oil demand wiping out world\'s orangutans
19/10/2007 (Chicago Sun-Times) - Studies conflict on the health benefits of palm oil, but experts meeting at the Brookfield Zoo said Thursday it's bad for one species: orangutans.
22-10-2007
Coconut oil may not gain from ban
20/10/2007 (Business Standard) - The move to ban the import of palm oil through the Kochi port may not provide relief for the coconut oil sector, reeling under falling prices.
22-10-2007
Record oil price boosts demand for biofuels but critics question the cost
19/10/2007 (AFX News Limited), KUALA LUMPUR - Record oil prices have boosted demand for biofuels as consumers and companies look for cheaper and cleaner energy sources, but there are growing concerns that the various substitutes for gasoline and diesel may be doing more harm than good.
22-10-2007
Malaysian CPO futures surge to record high
19/10/2007 (Reuters) - MALAYSIAN crude palm oil futures crude palm oil futures surged to a record high today, driven by strong overnight gains in rival soyabean oil and crude oil markets.
22-10-2007
Palm oil, a diesel substitute
19/10/2007 (The Hindu), KOCHI: In its quest to find alternative uses of the country’s traditional product, palm oil, the Malaysian Palm Oil Council is experimenting with a number of ways to carve out a niche of its own in the highly competitive energy sector.
22-10-2007
Indonesia to Miss Palm Oil Target, Pangestu Predicts
17/10/2007 (Bloomberg) - Indonesia, the world's largest palm oil grower, forecast that it will miss a target for output this year because of dry weather, exacerbating a shortage of the commodity that has helped drive the price to a record.
22-10-2007
Malaysian palm oil earnings to hit new record in 2007: report
18/10/2007 (AFP), Kuala Lumpur - The value of Malaysia's palm oil exports is expected to reach a record of 40 billion ringgit (11.84 billion dollars) this year as prices soar, a report said Wednesday.
22-10-2007
Indonesia may miss 17 mln tonne palm oil target
19/10/2007 (Antara News), Jakarta - Dry weather means Indonesia may miss its target of producing 17 million tonnes of palm oil this year, but it is still on track to overtake Malaysia as the world's top producer, the trade minister said on Friday.
22-10-2007
Lower landed cost may favour crude palm oil import
15/10/2007 (The Hindu Business Line), Chennai - With the landed price of crude palm oil being cheaper than de-gummed (crude) soyabean oil by at least $130 (Rs 5,000), importers are likely to be encouraged to import more of the former.
22-10-2007
Import of palm group of oils through Kochi banned
18/10/2007 (Sify), Chennai - The Centre on Wednesday banned import of palm group of oils through Kochi port in what is seen as an effort to help slumping coconut oil prices to recover.