Archived News
18-02-2008
Cooking oil prices see fresh rise
18/02/2008 (Independent Bangladesh) - Prices of cooking oils increased more than Tk 200 per maund (37.3 kilogram) within a day on Saturday because of their dwindling supplies. The fresh jump in wholesale prices instantly influenced the already volatile retail market, where non-packed soya bean price surged to a range of Tk 104 and Tk 110 per kilogram on Saturday.
18-02-2008
POIC project attracts RM1.8bil investments
18/02/2008 (The Star Online) - POIC Sabah Sdn Bhd\'s palm oil industrial cluster (POIC) project in Lahad Datu has steadily attracted “quality†investors since its launch over the past two years.
18-02-2008
Keep veg oil customs duty unchanged’
16/02/2008 (Sify.com), Chennai - The Central Organisation for Oil Industry and Trade (COOIT) has urged the Union Finance Ministry to keep the customs duty on import of vegetable oils unchanged in order to help increase oilseeds production in the country.
18-02-2008
Edible oils tariff values kept unchanged
15/02/2008 (The Economic Times), New Delhi - The base prices of edible oils, which determine the customs duties on them, have been kept unchanged by the government for the next 15 days to keep the rising prices of the commodities under check.
18-02-2008
Malaysia\'s Jan crude palm oil output up 2 pct from Dec as production recovers
13/02/2008 (Forbes), Kuala Lumpur - Malaysia, the world's leading producer of palm oil, said Wednesday crude palm oil production rose 2 percent in January from December as the industry recovered from a seasonal year-end downcycle.
18-02-2008
Thailand worries over food shortages amid palm oil debate
14/02/2008 (Forbes), Bangkok - Thailand has started requiring that all its diesel fuel include a component made from palm oil, a move that could reduce costly energy imports but is driving up prices for the commodity, experts say.
18-02-2008
Edible oil prices shot up by Tk 10 a litre
18/02/2008 (The Daily Star) - Prices of edible oil at both retail and wholesale levels registered a fresh hike of Tk 7 to Tk 10 in the last couple of days -- apparently due to price manipulation by a section of unscrupulous traders, said market operators.
18-02-2008
The difference between ethanol and biodiesel
16/02/2008 (Sedona.biz) - An expert on biodiesel set me straight recently about the vast differences between ethanol and biodiesel. Jerry Robock of Community Fuels runs the Hudson Valley Biodiesel Cooperative in Cottekill, N.Y., and responded to my column on biofuels.
13-02-2008
Malaysia\'s palm oil export value surges by 45.5% in 2007
12/02/2008 (Xinhua), Kuala Lumpur - Malaysia's export value of palm oil recorded 37.54 billion ringgit (11.37 billion U.S. dollars in 2007, up 45.5 percent compared with the previous year.
13-02-2008
Malaysia reviews proposed biofuel policy amid rising palm oil prices
12/02/2008 (International Herald Tribune, France), Kuala Lumpur - Malaysia is reviewing plans for mandatory blending of palm oil and diesel for biofuel after prices of the commodity more than doubled in two years, a Cabinet minister said Tuesday.
13-02-2008
Malaysia\'s exports grow 2.7 pct in 2007, expects upward trend to continue
12/02/2008 (Forbes), Kuala Lumpur - Malaysia said on Tuesday it expects exports to continue to trend upward this year after growing by 2.7 percent in 2007, helped by strong demand in Asia.
13-02-2008
Edible oil gains as demand rise
13/02/2008 (The Economic Times), New Delhi - The heated food versus fuel debate may soon see end of Round One. Right now, soya oil and palm oil are both firmly food. Whether a crop is used for filling stomachs or fuel tanks depends on who is able to pay more. From the look of things, when it comes to fats, people are winning over cars.