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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Nigeria spends $5b on food imports yearly .
21/02/2011 (Nigerian Compass) - As tariff on food imports rise, African countries are spending about $50billion on food imports every year. From the amount, Nigerian spends $5billion while Ghana spends S1billion.
Commodity Trends: Soybean,Chana Prices Weaken
21/02/2011 (Commodity Online) - Soybean prices tracked global trends to fall in Indian markets while chana prices declined on arrivals and sluggish domestic demand. Soybean prices fell at CBOT after US exports to China fell on scrapping of an order signaling importers may be switching to South American supplies, according to a Bloomberg report.
Govt \'Can Solve\' Palm Oil Crisis
21/02/2011 (The Nation) - The government is expected by tomorrow to crack the palm oil crisis without having to spend Bt1 billion to freeze the price, as suggested by the Commerce Ministry.
Thai Govt promises action on palm oil shortage
20/02/2011 (AsiaOne) - Deputy Prime Minister Suthep Thaugsuban, who chairs the national palm-oil policy committee, yesterday pledged to come up with effective measures to solve the acute shortage of cooking oil next week.
Select edible oils strengthen on rising seasonal demand
20/02/2011 (Business Standard) - Select edible oil prices continued their upward movement on the wholesale oils and oilseeds market during the past week on persistent buying by vanaspati millers, buoyed by the ongoing marriage season.
Govt may require biofuels mixed into non-subsidized fuels
20/02/2011 (The Jakarta Post) - In an effort to reduce prices, the government may issue a regulation requiring state oil and gas company PT Pertamina to use biofuels in producing non-subsidized fuels, a senior official said Friday.
Cooking oil firm faces DSI probe
20/02/2011 (The Nation) - Major edible oil producer Morakot Industry Co came under the spotlight yesterday after authorities found it had not used a 1,400-tonne government-issued inventory of palm oil to produce bottled cooking oil despite acute shortage.
Najib: Malaysia can repeat strong economic performance in 2011
20/02/2011 (The New Straits Times) - Prime Minister Datuk Seri Najib Tun Razak says Malaysia is capable of repeating its strong economic performance this year if the growth momentum continues although faced with uncertain external challenges.
India expects to buy more palm oil from Malaysia.
19/02/2011 (The Star Online) - India sees continued demand for Malaysian palm oil this year, given the current shortage of edible oils in the country, said India Commerce and Industry Minister Anand Sharma.