Archived News

25/09/2007 (The Jakarta Post) - A lack of coordination between government institutions is one of the main problems to face Indonesia over the past few years. Some examples should demonstrate the gravity of the problem.

24/09/2007 (The Economis Times), NEW DELHI - Putting rumours of a ban on rice export at rest, the Centre today ruled out any such step and said a duty cut on imported edible oil would be considered at an "appropriate time".

24/09/2007 (Reuters), India - Indonesia is expected to export 14 million tonnes of palm oils in 2008, up from this year's estimated 13 million tonnes, and record a further rise in overall output, a leading trade official said.

24/09/2007 (The Jakarta Post) - Environmentalists and palm-oil producers are increasingly at odds. Greens groups say palm oil is driving the conversion of tens of thousands of hectares of peatlands and lowland forest in Indonesia, putting wildlife at risk, increasing the vulnerability of forests to fires, and triggering large emissions of greenhouse gases.

25/09/2007 (The Economic Times), NEW DELHI - Brunei Darussalam, part of the 10-member Asean group, has demanded that India should cut import duties on oil and natural gas as part of the proposed India-Asean free trade agreement (FTA).

24/09/2007 (Commodity Online), PANAJI - Edible oil prices will go up further due to reports of lower oil seed production, says industry expert Thomas Mielke, editor of the Oil World publication.

25/09/2007 (AFX News Limited), JAKARTA - The Indonesian government removed the 10 percent value-added tax on non-branded cooking oil Monday, an official said.

23/09/2007 (Reuters), India - Global palm oil prices may reach 2,600-3,000 ringgit per tonne shortly as demand is likely to surpass supplies and rival soyoil is also expected to rise sharply, a top industry analyst said on Sunday.

23/09/2007, India (Reuters) - Global oilseed output is expected to fall by 13 million tonnes to 391 million tonnes in the year to October 2008 from the year before, a top industry analyst said on Sunday, which may lift edible oil prices.

22/09/2007 (Reuters), India - India will buy 6 million tonnes of edible oils in the year to October 2008, more than a downwardly revised forecast of 5.5 million tonnes this year, a top industry analyst said on Saturday.

22/09/2007 (Bloomberg) - India, the world's second-biggest buyer of vegetable oils, may import more of the commodity as some farmers lower acreage for mustard and other oilseeds to grow more wheat.

23/09/2007 (Reuters), India - Global palm oil prices, which have been on the boil for the last couple of months, could ease from January if the United States cuts incentives it gives to biofuel producers, a leading analyst said.