|
A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Feeding India’s Demand
07/07/2012 (The Star) - India's growing consumption of palm oil products translates into higher imports from Malaysia. Demand for palm oil products in India the world's second largest vegetable oil consumer after China is driven by factors such as an expanding middle class, palm oil's relatively low prices, and stagnant domestic production levels of edible oils.
Price Hike On The Eve of Ramadan
07/07/2012 (Financial Express) - Prices are on the rise prior to Ramadan. Common people are suffering because of the rise in prices of 10 essential commodities. Gram now sells at Tk 90/95 per kg.
Fitters Group\'s Green Mill Makes Inroads Into Indonesia
07/07/2012 (The Star) - Fitters Group Bhd has secured a US$3.87mil (RM12.28mil) contract with PT United Kingdom Indonesia Plantations (UKINDO) for its green mill project.
Edible Oils Surge on Weak $, Monsoon
07/07/2012 (Hindu Business Line) - Barring groundnut oil that ruled steady, most edible oils extended gain on Friday. Weak and erratic monsoon pushed up indigenous oil prices higher, while price hike by domestic refineries tracking strong the dollar making import costlier, led imported palmolein and soya oil to increase by Rs 6 and Rs 8 each for 10 kg. Domestic market rose despite decline in Malaysian palm oil and domestic futures. The undercurrent remains firm on weather-driven cues, said sources.
BOPP Re-emerges As The Best Stock on The GSE in 2nd Quarter
07/07/2012 (GhanaWeb) - Benso Oil Palm Plantation, BOPP has once again stood out as the best performing stock on the Ghana Stock Exchange in terms of returns to investors for second quarter of this year.
Profitable Palm Oil Leaves Environment Poor
07/07/2012 (CNN) - Even if you've never visited Malaysia or Indonesia, it's likely that you've made contact with these countries through the chocolate bar you've just eaten or the soap you've just washed your hands with.
VEGOILS-Palm Oil Touches Fresh 5-Week High on Dry Weather Fears
06/07/2012 (Reuters) - Malaysian crude palm oil futures rose to the highest in more than five weeks on Thursday, as investors anticipated a dry-weather rally would continue after U.S. markets reopened from a holiday.
Oil Palm Acreage Increasing in North-Coastal Districts of AP
06/07/2012 (Hindu Business Line) - Andhra Pradesh leads in oil palm cultivation in the country, but till now only the south coastal districts of East Godavari, West Godavari and Krishna were in the forefront. Now farmers in the north coastal districts are also taking to cultivation of the crop on a large scale. The Union Government is offering substantial subsidy on oil palm cultivation to reduce edible oil imports.
Farmers Gets Free Oil Palm Seedlings
06/07/2012 (Ghana) - More than 2,600 farmers in the Western Region have been provided with 1.4 million oil palm seedlings to wean them off illegal mining activities which tend to degrade the environment and pollute water bodies. The move is part of a sustainable livelihood empowerment programme.The project, which was spearheaded by the Minerals Commission in the Western Region, covers areas such as Wassa Amoansa, Bogoso, Nsuta Nbease, Huni Valley and Haiman.
