Berita Arkib

26/08/2008 (The Edge Daily), Kuala Lumpur - The default of some palm oil cargoes meant for China and India in the past few weeks following a slump in crude palm oil (CPO) prices was not as severe as reported, the Palm Oil Refiners Association of Malaysia (Poram) acting chairman Yong Chin Fatt said.

26/08/2008 (The Edge Daily), Kuala Lumpur - The price of crude palm oil (CPO) must decline to RM2,200 a tonne in the next few weeks for demand to rebound, said Dorab Mistry, director at Godrej International Ltd.

24/08/2008 (The Hindu), New Delhi - India's edible oil imports are likely to rise by eight per cent in 2008-09 in volume terms, with the palm oil becoming a preferred choice of importers, a US report has said.

24/08/2008 (Daily Times), Karachi - The importers made around 150,000 metric tonne deals in palm oil future trading contracts for September, Pakistan Vanaspati Manufacturer’s Association (PVMA) said Friday.

23/08/2008 (The Daily Star) - Prices of non-brand edible oil, which had been falling in accordance with a downward trend in the international market over the last month and a half, suddenly went up in kitchen markets of the capital over the last three days.

22/08/2008 (Commodity Online), Thiruvananthapuram - The kerala government on Thursday expressed its strong protest against Centre’s decision to provide subsidy for importing edible oil saying that the move would badly hit the coconut farmers in the state.

22/08/2008 (The Star Online), Subang Jaya - IJM Plantations Bhd plans to invest RM600mil in capital expenditure to expand its Indonesian operations.

21/08/2008 (Costa Rica Pages) - Costa Rica’s desire to get a little greener has encountered a hitch: despite the National Biofuel Program’s October implementation deadline, Costa Rica lacks sufficient natural resources to produce biofuels. Currently, most of the country’s ethanol and African palm oil, which can be used to produce bio combustibles, is sold internationally for a much higher profit than keeping it here at home.

21/08/2008 (The Bangkok Post) - Ample exports and high farm prices will buffer the Thai economy from global economic woes, said M.R. Pridiyathorn Devakula, a former finance minister.

21/08/2008 (The Star Online) - THE PROMOTION of the biofuel industry will not affect food supply from palm oil-based products, said Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui.

20/08/2008 (Mongabay.com) - Brazil to compete with Malaysia in palm oil production but environmentalists worry redrawing of forest reserve law will hurt biodiversity conservation efforts.

20/08/2008 (Bernama), Kuala Lumpur - There will be no short supply of palm oil-derived food with the use of palm oil to produce biofuel, the Dewan Rakyat was told Wednesday.