Berita Arkib

03/03/2008 (The Financial Express), Chennai - The Tamil Nadu government has permitted contract farming in oil palm and plans to create large oil palm farms in over 20,000 hectare in the next five years. It has roped in some of the leading farm sector private sector Companies to take the lead in this. By the end of 2006-07, oil palm was being cultivated in 5,341 hectare, mostly in the Cauvery delta districts of Tiruchirapally, Thanjavur, and Perambalur. During 2007-08, oil palm was planted in over 3,000 hectare.

29/02/2008 (The Nation, Pakistan), Lahore - The new govt will be compelled to withdraw subsidy on oil prices gradually following a record prices surge in international market, avoiding fiscal budget deficit besides the strong pressure of the world bank, sources confided to The Nation here on Thursday.

28/02/2008 (NST Online) - PALM oil is riding high. The bullish mood is expected to prevail in the coming months. Prices have hit historic highs and show no sign of softening. At more than RM3,800 a tonne, profits have never been better.

28/02/2008 (The Economic Times), New Delhi - India may have to import more palm oil if the domestic prices of mustard, sunflower and groundnut oils continue to remain high, Godrej International director Dorab Mistry said.

28/02/2008 (The Financial Express), Mumbai - Crude palm oil (CPO) price in Malaysia may cross 4,000 ringgits shortly mainly on increasing demand, lower stocks and declining supplies with weather concerns, said Dorab Mistry, director, Godrej International Ltd, in Malaysia on Wednesday.

28/02/2008 (Bloomberg) - Wilmar International Ltd., the world's biggest palm oil trader, said fourth-quarter profit jumped fivefold after prices rose to a record and it made acquisitions to benefit from increased demand.

27/02/2008 (Reuters) - Indonesia's largest listed plantation firm, PT Astra Agro Lestari Tbk AALI.JK, reported a better-than-expected four-fold increase in its fourth quarter net profit on Wednesday, driven by a surge in palm oil prices.

28/02/2008 (Business Standard) - Mixing of cheap coconut oil with costly edible oils is rampant in south.

27/02/2008 (The Hindu Business Line) - Will the crude palm oil (CPO) price bubble burst sooner than many think? The market has been rising relentlessly in recent times, and has been racing towards the magical 4,000 Malaysian ringgits (MYR) a tonne in the wake of rising crude prices, weak dollar and robust demand.

27/02/2008 (KBC) - Palm oil production may be a successful business venture in the country in the coming years.

28/02/2008 (The News - International, Pakistan), Karachi - Malaysia has refused to allocate export quota of RBD palm olein to Pakistan raising fears of an impending shortage of edible oil in coming days, an industry official told The News on Wednesday.

27/02/2008 (Sify.com), Kuala Lumpur - Malaysia is closely examining cultivation of jatropha, a bio-diesel feedstock, Government officials said. Intercropping with oil palm is seen as the way to promote this new source of oil. Currently, about three million hectares are under oil palm cultivation in this country.