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Berita Arkib

MARKET DEVELOPMENT  
  26-01-2015

Palm Oil Has the Potency to Replace Hydrocarbons as Nigeria’s Mega Export Earner, Says Oroh

26/01/2015 (The Guardian Nigeria) - Abdul Oroh is the Edo State Commissioner for Agriculture and Natural Resources. In this interview with FEMI ADEKOYA, he sheds more light on efforts by the state government to exploit opportunities in the agricultural sector, especially in a bid to drive the nation’s diversification agenda, while attracting new investments to the state.

MARKET DEVELOPMENT  
  26-01-2015

Decline in Documented Output of Cooking Oil

26/01/2015 (DAWN.com) - The cooking oil industry is struggling to sustain the growth momentum that had set in after the establishment of new manufacturing units in 2011-12. Power outages, liberal imports of foreign brands of edible oil and informal production are a challenge to the industry’s ability to expand output.

MARKET DEVELOPMENT  
  26-01-2015

Oil Palm Sector and Burden of Trade Liberalisation

26/01/2015 (THISDAY Live) - The swift crash of crude oil per barrel in the international market to $43.5 should not only be a wake-up call to the Nigerian government on the need to revamp the other sectors of the economy, especially the crude palm oil sector. This can be done by increasing the internal and local production which will help meet up with the internal demand of the product and subsequently boost the export of the commodity.

MARKET DEVELOPMENT  
  26-01-2015

Tariff Deferment Gives Some Relief To Businesses: Alliance DBS

26/01/2015 (Bernama) - The deferment of the electricity and gas tariff hike will give some relief to businesses grappling with higher costs, Alliance DBS Research said today.

MARKET DEVELOPMENT  
  26-01-2015

GST: Some Items to Be Cheaper

26/01/2015 (The Star) - The prices of television sets, refrigerators, air conditioners, electric irons, hair dryers, diapers and soft drinks are expected to come down with the introduction of the Goods and Services Tax (GST).

MARKET DEVELOPMENT  
  26-01-2015

VEGOILS-Palm Hits Lowest Since December on Slow Demand; Floods Support

26/01/2015 (Reuters) - Malaysian palm oil futures declined to their lowest since December on Friday, as global market uncertainties diminished demand for the edible oil from top customers China and India, but a forecast dip in production after Malaysia's recent floods provided support.

MARKET DEVELOPMENT  
  23-01-2015

VEGOILS-Market Factors to Watch Jan 23

23/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT  
  23-01-2015

India Oilseeds, Soyoil Extend Losses on Weak Palm Oil

23/01/2015 (Reuters) - Indian soyoil and rapeseed futures extended their losses on Thursday on a drop in Malaysian palm oil and higher imports of edible oils, while soybeans fell on sluggish export demand for soymeal.

MARKET DEVELOPMENT  
  23-01-2015

Wilmar Opens Palm Oil Supplies to Scrutiny to Protect Forests

Jan 23 (Reuters) - Wilmar International Ltd. , the world's largest palm oil processor, opened its supply chains to outside scrutiny on Thursday in what environmentalists called an unprecedented step to help safeguard tropical forests.

MARKET DEVELOPMENT  
  23-01-2015

Nigeria: 32 Ships Expected With Various Products At Lagos Ports

23/01/2015 (The Guardian Nigeria) - Thirty-two ships are expected to arrive at the Lagos ports with various products, the Nigerian Ports Authority (NPA) said on Thursday.

MARKET DEVELOPMENT  
  23-01-2015

‘How to Promote Food Processing As Mega-Revenue Earning Industry’

23/01/2015 (Guardian) - Amidst concerns overby dwindling revenue profile of the country from unstable global oil prices, the stakeholders in the food processing industry, yesterday, expressed belief that the sector has the capacity to become Nigeria’s highest revenue earner if strategically supported and exploited.

MARKET DEVELOPMENT  
  23-01-2015

VEGOILS-Palm Hits Lowest Since December on Slow Demand; Floods Support

23/01/2015 (Reuters) - Malaysian palm oil futures declined to their lowest since December on Friday, as global market uncertainties diminished demand for the edible oil from top customers China and India, but a forecast dip in production after Malaysia's recent floods provided support.