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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
India seen importing 400,000 tonnes of palm oil
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.
Soyabean price fixed at Tk 106.50 per kg, Palm oil Tk. 99.50
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.
Govt fixes edible oil prices
26/02/2008 (Independent Bangladesh) - The caretaker government fixed the price of edible oil Monday after a discussion with dealers.
Edible oil prices shoot up by 20-50%
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.
Customs duty on sunflower oil may be cut
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.
Amazon nuts help fuel first biofuel flight
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.
Ghee and edible oil crisis is looming
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.
Row over crude palm oil duty
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."
Edible oil prices on the rise
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.
