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Berita Arkib

MARKET DEVELOPMENT  
  09-08-2013

FAO Food Price Index Falls for Third Consecutive Month

09/08/2013 (Commodities Now) - The FAO Food Price Index averaged 205.9 points in July 2013, 4 points (nearly 2 percent) below its revised value for June and 7 points (or 3.3 percent) lower than in July 2012. The decline in July, which marked the third consecutive monthly drop, was largely driven by lower international prices for grains, soy and palm oil while sugar, meat and dairy quotations were also down from the previous month.

MARKET DEVELOPMENT  
  09-08-2013

Palm Oil: Consumer Council Impounds Scooped Palm Oil in Kano

09/08/2013 (Afrique en Ligue) - Consumer Protection Council - Officials of the Kano state Consumer Protection Council (CPC) yesterday impounded and trucks conveying the contaminated palm oil which was scooped from drainages after the tanker conveying it crashed at the Club Road Roundabout in Kano.

MARKET DEVELOPMENT  
  09-08-2013

Africa: Could China Lead the Race to Save Tropical Forests?

09/08/2013 (AllAfrica.com) - The world's tropical forests - the planet's lungs - are in rapid decline.

MARKET DEVELOPMENT  
  09-08-2013

Reactivating Nigeria’s Oil Palm Industry

09/08/2013 (BusinessDay) - A Research by BusinessDay Research and Intelligence Unit(BRIU)

MARKET DEVELOPMENT  
  09-08-2013

US Palm Oil Project Would Destroy Endangered Chimpanzee Habitat in Cameroon

09/08/2013 (WebWire) - The endangered Chimpanzee stands to have swathes of its forest habitat in Cameroon destroyed if a US company’s controversial plans to establish a palm oil plantation in the area are not stopped.

MARKET DEVELOPMENT  
  09-08-2013

Ample Supply Seen Capping Edible Oils’ Rise

09/08/2013 (Hindu Business Line) - The edible oils market was mixed on Thursday. Following improved festival demand, sentiment in indigenous oils ruled firm at producing level pushing groundnut oil by Rs 10, sunflower expeller oil and cotton refined oil by Rs 5 each in Mumbai.

MARKET DEVELOPMENT  
  09-08-2013

Greenwashed Palm Oil Marketing?

09/08/2013 (Huffington Post) - What's in a word? According to consumer groups, when it comes to marketing products that use palm oil, everything. They issued a harsh statement this week against what they see as greenwashing by brands that use palm oil.

MARKET DEVELOPMENT  
  09-08-2013

Shipping Activity at Port Qasim

09/08/2013 (Business Recorder) - Four ships C.V Nijran, C.V Maersk Kinston, M T Akaki Bunga and M.T Alamonda carrying containers, furnace oil and palm oil were berthed at Qasim International Container Terminal, FOTCO Oil Terminal and Liquid Cargo Terminal respectively at Port Qasim on Tuesday, 06th August. Meanwhile on oil tanker 'Lahore' also arrived at outer anchorage of Port Qasim during the last 24 hours.

MARKET DEVELOPMENT  
  08-08-2013

VEGOILS-Palm Oil Hits One-Week Low on High Output Worries

08/08/2013 (Reuters) - Palm oil futures dropped to their lowest in more than a week on Wednesday on market talk that production growth in Malaysia was significantly higher last month, stoking concerns about a potential build up in stocks.

MARKET DEVELOPMENT  
  08-08-2013

TDM Plans To Set Up Four Oil Palm Processing Factors In Indonesia

08/08/2013 (Bernama) - TDM Bhd plans to set up four oil palm processing factories in Kalimantan, Indonesia soon, said chairman, Datuk Roslan Awang Chik.

MARKET DEVELOPMENT  
  08-08-2013

Wilmar Profit Rises 87% on Higher Volumes, Oilseeds Unit Rebound

08/08/2013 (Bloomberg) - Wilmar International Ltd. (WIL), the world’s largest palm oil trader, said second-quarter profit rose 87 percent on increased sales volumes and after its oilseeds unit swung to a profit.

MARKET DEVELOPMENT  
  08-08-2013

Agri commodities Face Bearish Outlook

08/08/2013 (Business Standard) - The bears seem to have gripped agri commodities globally. While improved weather conditions in the US and good monsoon in India have improved the crop prospects, weak global economic conditions have affected demand, putting pressure on prices.