Archived News

30/04/2008 (Trade Arabia News) - Malaysian Palm Oil exports to the UAE and Bahrain have registered a sharp rise last year, according to latest reports from the Malaysian Palm Oil Council (MPOC).

29/04/2008 (Reuters, UK), Jakarta - Indonesia state oil firm Pertamina has cut the biofuel blend in diesel fuel to 1 percent from 2.5 percent as rising palm oil prices and lack of incentives have cut margins, a company official said on Tuesday.

28/04/2008 (AllAfrica.com) - That palm oil production is yet another agricultural sector that remained untapped by Nigerian farmers is not in dispute. Oil from palm is used for virtually every thing. It is used for cooking, making soap and pomade etc.

29/04/2008 (Reuters, India) - Malaysian crude palm oil futures rose 1.1 percent on Monday as global vegetable prices climbed on the back of record crude oil prices, traders said.

28/04/2004 (The Jakarta Post) - The government will cut the crude palm oil (CPO) export duty for May to 15 percent, on a decline in the commodity price in the international market, Trade Minister Mari Elka Pangestu says.

28/04/2008 (Trading Market) - The Indonesian government said it will cut the export tax on crude palm oil (CPO) from 20 per cent to 15 per cent in May to follow a decline in the prices of that commodity on the international market.

28/04/2008 (The Independent) - For the past few years, one of the world's biggest advertisers has been trying to persuade us to celebrate natural beauty: Unilever very successfully peddles its Dove brand on a promise of making more women feel more beautiful everyday. But is Dove killing our planet?

27/04/2008 (The Bangkok Post) - State-run oil giant PTT Pcl has taken over a major palm oil plantation in Kalimantan, the Indonesian province on Borneo island, PTT Prasert Bunsumpun said on Sunday.

27/04/2008 (The Sunday Times Online, Sri Lanka) - Recent changes in tax policies by Indonesian, Indian and Chinese governments on Palm Oil imports may have an impact on Sri Lankan exports to those countries with increasing competition, according to industry analysts.

27/04/2008 (Reuters, USA), Bangkok - Malaysian palm oil prices are unlikely to rise much higher this year from current levels as domestic supplies are improving while the world's appetite for biofuels is showing signs of slowing on rising feedstock prices, a senior Malaysian government official said on Monday.

26/04/2008 (Bernama), Bali - Malaysia and Indonesia today agreed to carry out joint scientific research to counter anti-palm oil propaganda among Western non-governmental organisations.

26/04/2008 (The Star Online) - WITH crude palm oil prices camping well above the RM3,000 per tonne level for several months now, many people must surely be sorely tempted to venture into the plantation sector. After all, coaxing a middling yield from an oil palm holding isn't rocket science, and selling a commodity in a hot market can't be too hard either.