Berita Arkib

15/04/2009 (Pak Watan), Islamabad - Pakistan has made few purchases of palm oil this month after strong buying in the first quarter led to a glut, and buying is expected to remain slow at present prices, a top industry official said on Wednesday.

15/04/2009 (The Jakarta Globe) - Over the last 40 years, global oil palm cultivation has increased exponentially, with 43 percent of the total cultivated oil palm crop currently produced in Indonesia. This inception of palm oil as a valuable commodity, particularly as biofuel, has dramatically accelerated deforestation in Borneo, with only a third of the original forest cover expected to remain by 2020. However, the country’s economic reliance on oil palm products and the present fragility of international markets make addressing this environmental crisis a rather sticky situation.

15/04/20009 (The Star Online), Petaling Jaya - While exports of crude palm oil (CPO) have been unexpectedly strong in the first three months and so far in April, analysts remain wary of the sustainability of demand due to the unprecedented global recession.

15/04/2009 (The Star Online), Petaling Jaya - Oil palm plantation companies in Peninsular Malaysia could start paying windfall taxes again in May and June should the average price of crude palm oil (CPO) touch RM2,500 per tonne this month.

14/04/2009 (The Hindu), New Delhi - State-run trading firm PEC Ltd has invited bids for import of 12,000 tonnes of crude palm oil, to be delivered in May.

14/04/2009 (Solomon Star) - EMPLOYEES of the failed Vangunu Palm Oil project in Marovo say the government was aware of the problem at Merusu but failed to act in time.

14/04/2009 (The Malaysian Insider), Singapore – Rising global demand and a decline in inventories have pushed crude palm oil prices higher in a move that’s rekindled interest in plantation stocks.

11/04/2009 (Teatro Natural International) - Presently India is importing around 5-6 lakhs MT of Crude Palm Oil from Malaysia/Indonesia annually. Out of this total quantity, 70%-80% of oil is processed through fractionation process and separated into two kinds of oils.

12/04/2009 (Reuters) - Malaysia's IOI Corp (IOIB.KL), the world's third-largest listed palm oil producer, said that the price of crude palm oil would rise to 2,600-2,800 ringgit per tonne in the remainder of the year.

09/04/2009 (The Star Online), Kuala Lumpur - The National Smallholders Association (NASH), which represents over 400,000 smallholders nationwide, said the delivery of government funds and technical expertise to smallholders has been inefficient.

14/04/2009 (The Star Online) - LOCAL palm oil production is looking strong, but the stagnant oil-extraction rate (OER) of palm oil, especially in Peninsular Malaysia that is below 20% for the past 20 years, has been a major concern.

13/04/2009 (The Hindu Business Line), Mumbai - Why is India importing vegetable oils like nobodys business? At a time when rabi oilseed crops have fared much better than they did last year and summer season (when seasonally cooking oil use declines) is upon us, inflows of various oils into the country have been staggering, to say the least.