Berita Arkib
25-08-2008
Kerala protests subsidy to imported edible oil
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.
25-08-2008
IJM Plantations plans RM600mil capex for Indon ops
22/08/2008 (The Star Online), Subang Jaya - IJM Plantations Bhd plans to invest RM600mil in capital expenditure to expand its Indonesian operations.
25-08-2008
Costa Rica Lacks Resources to Produce Biofuels
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
Exports and crop prices boon for country
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
Chin: Biofuel production won’t erode food supply
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.
21-08-2008
Brazil to establish oil palm plantations on degraded Amazon rainforest lands
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
No Short Supply Of Palm Oil-derived Food Despite Palm Oil Use For Biofuel, Says Peter Chin
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.
20-08-2008
Contract defaults hammer edible oil price
20/08/2008 (The Economic Times), New Delhi - The edible oil industry has come to a standstill after crude palm oil crashed on Tuesday to 50% of this year’s top price. The trade is in disarray as buyers in top importers like India, Pakistan and China are reneging on contracts while the market bottoms out.
20-08-2008
Palm oil importers seek re-adjustment in overseas contract
20/08/2008 (The Hindu), New Delhi - Falling global palm oil prices is a welcome news for consumers but not for importers who are now seeking a re-adjustment in their overseas contract to ward off losses, Solvent Extractors Association said on Tuesday.
20-08-2008
Envo Diesel Project Can Start If CPO Price Remains At Below RM3,000
19/08/2008 (Bernama), Kuala Lumpur - Usage of Envo diesel, a palm-based biofuel, can start this year if the crude palm oil price (CPO) remains at below RM3,000 a tonne, Deputy Minister of Plantation Industries and Commodities A. Kohilan Pillay said today.
19-08-2008
IOI shines with RM2.23bil profit
19/08/2008 (The Star Online), Petaling Jaya - IOI Corp Bhd posted an impressive 42% jump in pre-tax profit to RM856mil for its fourth quarter ended June 30 against RM602mil a year ago, backed by overall strong crude palm oil (CPO) prices, good earnings from the manufacturing of oleochemicals and property business.
19-08-2008
Importers defer payments as palm oil price falls
19/08/2008 (The Financial Express) - The unexpected slump in commodities prices seen over the last couple of weeks is having its fallout all across. The latest to join the bandwagon are edible oil traders from India who are re-negotiating and seeking deferment of some of the palm oil import contract with Malaysian sellers to ward off loses due to sudden fall.