Archived News
19-09-2007
No change in tariff value of imported edible oils
18/07/2007 (PTI), New Delhi - The government has left the base price for levying customs duties on palm oil and soyabean oil unchanged for the next fortnight to stabilise prices of the commodities at current levels.
19-09-2007
Pakistan\'s Sept palm oil imports surge on Ramadan
18/09/2007 (Reuters), KUALA LUMPUR - Pakistan has bought about 140,000 tonnes of palm oil for September shipment to meet strong demand during the Muslim holy month of Ramadan, but imports are likely to decline later, an industry official said on Tuesday.
19-09-2007
RI palm oil industry after a climate deal
18/09/2007 (The Jakarta Post), Jakarta - As the 13th session of the Conference of Parties (COP-13) on climate change scheduled for Dec. 3-14, 2007 in Bali is drawing near, there have been many discussions on the possible schemes for reducing greenhouse gas emissions post 2012 when the current arrangement under Kyoto Protocol is set to expire.
19-09-2007
Ministry Assures No Shortage Of Cooking Oil In Sarawak
18/09/2007 (Bernama), KUCHING - The Domestic Trade and Consumer Affairs Ministry's enforcement division in Sarawak today refuted claims that there is a cooking oil shortage in the state.
19-09-2007
Cooking oil shortage issue played up, claim Miri Bumi traders
18/09/2007 (The New Straits Times Online) - The Miri Bumiputera Traders Association (PBMS) claimed that certain groups may have played up the cooking oil shortage issue here on to trigger panic buying, especially among Muslims who will be celebrating Aidilfitri soon.
19-09-2007
India\'s Oilseeds, Grains Production May Exceed Target (Update1)
18/09/2007 (Bloomberg) - India's oilseed harvest may exceed government target this year, likely reducing imports of cooking oils that helped palm oil surge to a record.
19-09-2007
Edible oil prices continue to climb
18/09/2007 (The International News) - KARACHI: The edible oil wholesalers have got a free hand as they have all liberty to set prices of local and imported oils without any check and fear of the government.
17-09-2007
Malaysian palm oil earnings to hit record in 2007
16/09/2007 (AFP), KUALA LUMPUR - The value of Malaysia's palm oil exports is expected to reach a record high this year thanks to strong worldwide demand fuelled by the boom in biofuels, a report said Sunday.
17-09-2007
Demand for bio-diesel has soared due to high price of fossil fuel
16/09/2007 (The Star Online), MIRI - Palm oil export is set to turn in record earnings this year. The worldwide demand for palm oil for making bio-fuel such as bio-diesel has soared worldwide because of the current high price of fossil fuels and the increasing global warming due to overuse of fossil fuels.
17-09-2007
Southeast Asia gears up for palm oil boom
17/09/2007 (The Daily Star) - Southeast Asian nations are gearing up for a palm oil boom as interest in biofuels soars, but activists warn the crop may not satisfy a global thirst for energy that is both clean and green.
17-09-2007
Oil, ghee manufacturers increase prices at will
16/09/2007 (The International News), LAHORE - Edible oil prices in Pakistan are increasing at a time when Malaysian palm oil rates are on the decline and refined bleached deodorized palm olein rates dropping from a peak of $900 per tonne to $787 per tonne in August.
17-09-2007
Indonesia beckons foreign palm oil companies
16/09/2007 (The Star Online), JAKARTA - Indonesia, the world's biggest palm oil producer, wants foreigners to develop new plantations and may prevent them from acquiring existing operations, the agriculture minister said yesterday.