Berita Arkib

25/02/2008 (Rediff News) - With the government planning to start 20 per cent blending of bio-diesel with diesel, Indian oil [Get Quote] companies are fast firming up their bio-diesel ventures.

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.

25/02/2008 (The Hindu Business Line), Mumbai - It is not unusual for vegetable oil prices to spike days ahead of the global industry’s calendar event — Palm and Lauric Oils Price Outlook held in Kuala Lumpur at this time of the year. We have seen it happen in the past. This year is no different. The market for both palm and soya oils has reached the stratosphere, with prices continuing to record new highs from time to time.

26/02/2008 (Red Orbit) - The three-day Palm and Lauric Oils Conference (POC) 2008, which started yesterday, will see more than 1,600 delegates gathering in Kuala Lumpur, surpassing last year's number of 1,500.

26/02/2008 (The Edge Daily), Kuala Lumpur - The current prices of feedstocks were too high to make biodiesel's production cost at a competitive level, says Dutch cooperative bank Rabobank International in the Palm Oil Conference 2008 held here on Feb 26.

27/02/2008 (The Star Online), Kuala Lumpur - Strong demand for biofuels will be the catalyst driving prices of agriculture commodities higher.

26/02/2008 (Commodity Online), Mumbai - Godrej Industries has formed a JV with IJM Plantations of Malaysia to further improve their prospects in oil palm business.

26/02/2008 (Financial Times) - The price of palm oil jumped nearly 6 per cent yesterday to reach a record high on the Bursa Malaysia derivatives exchange, boosted by strong demand from China and India.

25/02/2008 (Scientific American) - Virgin Atlantic became the first commercial airplane operator to fly a plane powered partially by palm tree oil this week. In a short but historic flight, one of the company's Boeing 747-400s flew more than 200 miles (320 kilometers) from London Heathrow Airport to Schiphol Airport in Amsterdam, reaching a peak altitude of 25,000 feet (7,600 meters) during the 40-minute flight, with one of its four engines burning a blend of 20 percent coconut and babassu oils mixed with regular petroleum-based jet fuel.

27/02/2008 (The News - International, Pakistan), Kuala Lumpur - Pakistan is looking to buy around 200,000 tonnes of palm oil from Malaysia and Indonesia for April and May shipments, a top industry official said on Tuesday.

24/02/2008 (The Economic Times), New Delhi - In the wake of prices of cooking oils skyrocketing, making them unaffordable to the poor, an edible oil trade body has suggested the government to subsidise the vegetable oils for supply through the public distribution system.

25/02/2008 (Bloomberg) - India, the second-biggest buyer of vegetable oils after China, may spend more on imports of the commodity this year as it boosts purchases to ease a domestic shortfall amid record prices.