Berita Arkib

26/02/2008 (DNA India), Mumbai - Godrej Industries, in an effort to push its oil palm plantation business, has formed a joint venture with a Malaysian planter, IJM Plantations.

25/02/2008 (The Hindu Business Line) - The Future Group is all set to make a foray into rural retailing by riding on the Aadhaar outlets belonging to Godrej Agrovet. The group intends to pick up a majority stake in a separate joint venture company to be floated by itself and Godrej Agrovet, to enter into yet another retailing format.

26/02/2008 (The News - International, India), Kuala Lumpur - India will be in the market to import up to 400,000 tonnes of palm oil and about 50,000 tonnes of soyoil in the next three months, as importers rush to take advantage of a deepening discount for palm versus soy oil, a leading industry official said on Monday.

26/02/2008 (The New Nation, Bangladesh) - After a three and half hour long meeting with the importers and wholesalers the government Monday fixed a high price for edible oil further increasing the burden on the common people.

26/02/2008 (Independent Bangladesh) - The caretaker government fixed the price of edible oil Monday after a discussion with dealers.

25/02/2008 (Sify.com) Hyderabad - After gold, it is the turn of edible oils to get affected by international factors. Consumers, who have witnessed huge increase in the prices of the yellow metal in the last few weeks, are in for yet another shock.

23/02/2008 (The Hindu Business Line, India), New Delhi - A reduction in the import on sunflower oil is quite likely in the coming Union Budget, according to industry sources.

24/02/2008 (elEconomista.es, Spain), London - Nuts picked from Amazon rainforests helped fuel the world's first commercial airline flight powered by renewable energy on Sunday.

25/02/2008 (The Post, Pakistan) - Ghee and cooking oil prices have once again increased this month which affected the purchasing power of consumers. Local manufacturers blame that prices of palm oil in the international market have gone up from $ 1,120 to $ 1,150 per tonne. The retail market price of a four kg of oil tin has increased from Rs 550 to Rs 625. Similarly, a 9.5 litre of cooking oil tin was being sold at Rs 1,140, is now available at Rs 1,250 per tin. The price of one kg pouch of ghee has also gone up from Rs 112 to Rs 124.

21/02/2008 (Financial Express, India), New Delhi - The tariff structure on vegetable oils has become a contentious issue between the two opposing sections of the industry. The producers of hydrogenated vegetable oil (vanaspati) want the duty on crude palm oil (CPO) to be reduced to 20%, while the manufacturers of refined vegetable oils want the duty to remain at the existing 46.35%, which they say is "already quite low."

22/02/2008 (The Economic Times), Mumbai - Strong movement in edible oil prices globally, mainly on the back of a good demand expected from Asian countries and demand from the stockists and oil millers locally, have combined to lead to a surge in the prices of edible oil complex in the local markets and on the futures exchanges.

21/02/2008 (Borneo Bulletin), Kota Kinabalu - Sabah Chief Minister Datuk Musa Aman said the development of the oil palm industry in Sabah will continue to be given priority by the State government. Based on the projection of the agriculture land estimated at 2.2million hectares, about 1.8 million had been identified suitable for oil palm plantations.