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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.

MARKET DEVELOPMENT  
  10-04-2008

Dubai Group buys 30pc in Malaysian company

10/04/2008 (Khaleej Times Online), Kuala Lumpur — Dubai Group, the financial-services unit of Dubai Investment Group, bought a 30 per cent stake in a Malaysian biodiesel company for $49.5 million to help the venture expand capacity and develop new estates.

MARKET DEVELOPMENT  
  10-04-2008

CPO to rally on tight vegetable oils supply

10/04/2008 (The Star Online), Petaling Jaya - Crude palm oil (CPO) is expected to trade near the RM4,000 per tonne mark within the next few weeks as fear over vegetable oils supply tightness escalates following strikes in Indonesia and Argentina.

MARKET DEVELOPMENT  
  10-04-2008

Govt ups the ante on inflation

10/04/2008 (The Financial Express), New Delhi - The Centre is stepping up its fight to contain price rise. In an attempt to address the issue of demand-supply mismatch in the domestic market, the government-owned trading firm State Trading Corp, invited bids to import 117,000 metric tonne of lentils.

MARKET DEVELOPMENT  
  10-04-2008

Govt urged to review 20% rise in export tax on palm oil

09/04/2008 (ANTARA News), Jakarta - The Indonesian Plantation Companies Association (GPPI) has appealed to the government to review its decision to raise progressive tax on palm oil exports to 20 percent.

MARKET DEVELOPMENT  
  10-04-2008

Tankers Strike; Oil supply suspended from Karachi Port

08/04/2008 (Pakistan Times), Karachi - The supply of palm oil to the whole country from Karachi lay suspended owing to the oil tankers strike here.

MARKET DEVELOPMENT  
  08-04-2008

Malaysia\'s palm oil exports may hit 50 billion ringgit in 2008 - report

07/08/2008 (Forbes), Kuala Lumpur - Malaysia's palm oil exports may hit a record 50 billion ringgit ($15.5 billion) this year after a 42 percent gain in 2007, boosted by strong global demand, the Star newspaper reported Tuesday.

MARKET DEVELOPMENT  
  08-04-2008

Record palm oil exports of RM50b seen this year

08/04/2008 (The Star Online), Bangi - The Malaysian Palm Oil Board (MPOB) expects palm oil export earnings to touch a record RM50bil this year on anticipation that the price of the commodity will maintain its bullish run.