Archived News

19/6/06 (The Star) - KUALA LUMPUR: Bursa Malaysia and Dalian Commodity Exchange (DCE) will jointly organise the China International Oil and Oilseeds Conference.

20/6/6 (Business Standard India) - Negotiations between India and Asean over the proposed Free Trade Agreement are deadlocked, with the latter now asking India to prune its list to just 60 items on which it will offer no tariff cuts. Asean has also rejected New Delhi's offer for a Tariff Rate Quota on palm oil, tea and pepper.

21/6/6 ( Reuters) - SAO PAULO, Brazil - Less than a year ago, analysts were saying the Brazilian government's biodiesel program -- based on castorbean oil production to benefit poor family farms -- was a charitable thought but unviable.

19/6/6 9The Star) - A British-Malaysian joint-venture will see the setting of a RM140mil biodiesel plant at the palm oil industrial cluster (POIC) in the Sabah east co-ast district of Lahad Datu.

20/6/6 (AP) - The American Heart Association has become the first big health group to urge a specific limit on trans fats in the diet - less than 1 percent of total calories - in new guidelines released Monday.

19/6/06 (Soyatech.com) - Driven by high conventional fuel prices and more strigent global fuel specs, key Asean countries - with India and China - are gearing up with incentives for biofuels investments. In Malaysia, there are plans to build 12 biodiesel plants with the first to be ready in 2007.

21/6/2006 (Soyatech.com) - Abstract Edible oil composition comprising 33 wt.% or more shea olein and one or more oils chosen from the group of rapeseed oil, soybean oil, sunflower oil or any fraction of these oils or palm olein.

13/6/06 (China Daily) - The Federal Land Development Authority (FELDA), the largest palm oil manufacturer in the world, has high hopes for China now that the nation has raised the quota for imports and showed a strong demand for the product in the first quarter.

12/6/06 (Manila Bulletin) - Malaysian investors who have put up palm oil plantation in Bohol are eyeing more potential palm oil land in Panay Island - perhaps in Iloilo or Antique in an aim to fill up robust demand for palm oil locally and in the world market.

15/6/06 (Independent) - A US food safety organisation is suing Kentucky Fried Chicken for its use of a type of cooking oil that government scientists agree can be potentially damaging to consumers' health.

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Mumbai , June 11 For 2006-07, global production of major oilseeds is projected at 389.4 million tonnes (mt), little changed from 390.1 mt of the previous year, while oilmeal production is projected higher at 220 mt (212 mt).