Berita Terkini

MARKET DEVELOPMENT
25-08-2008

Kerala protests subsidy to imported edible oil

22/08/2008 (Commodity Online), Thiruvananthapuram - The kerala government on Thursday expressed its strong protest against Centreâ€™s decision to provide subsidy for importing edible oil saying that the move would badly hit the coconut farmers in the state.

MARKET DEVELOPMENT
25-08-2008

IJM Plantations plans RM600mil capex for Indon ops

22/08/2008 (The Star Online), Subang Jaya - IJM Plantations Bhd plans to invest RM600mil in capital expenditure to expand its Indonesian operations.

MARKET DEVELOPMENT
25-08-2008

Costa Rica Lacks Resources to Produce Biofuels

21/08/2008 (Costa Rica Pages) - Costa Ricaâ€™s desire to get a little greener has encountered a hitch: despite the National Biofuel Programâ€™s October implementation deadline, Costa Rica lacks sufficient natural resources to produce biofuels. Currently, most of the countryâ€™s ethanol and African palm oil, which can be used to produce bio combustibles, is sold internationally for a much higher profit than keeping it here at home.

MARKET DEVELOPMENT
21-08-2008

Exports and crop prices boon for country

21/08/2008 (The Bangkok Post) - Ample exports and high farm prices will buffer the Thai economy from global economic woes, said M.R. Pridiyathorn Devakula, a former finance minister.

MARKET DEVELOPMENT
21-08-2008

Chin: Biofuel production wonâ€™t erode food supply

21/08/2008 (The Star Online) - THE PROMOTION of the biofuel industry will not affect food supply from palm oil-based products, said Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui.

MARKET DEVELOPMENT
21-08-2008

Brazil to establish oil palm plantations on degraded Amazon rainforest lands

20/08/2008 (Mongabay.com) - Brazil to compete with Malaysia in palm oil production but environmentalists worry redrawing of forest reserve law will hurt biodiversity conservation efforts.

MARKET DEVELOPMENT
20-08-2008

No Short Supply Of Palm Oil-derived Food Despite Palm Oil Use For Biofuel, Says Peter Chin

20/08/2008 (Bernama), Kuala Lumpur - There will be no short supply of palm oil-derived food with the use of palm oil to produce biofuel, the Dewan Rakyat was told Wednesday.

MARKET DEVELOPMENT
20-08-2008

Contract defaults hammer edible oil price

20/08/2008 (The Economic Times), New Delhi - The edible oil industry has come to a standstill after crude palm oil crashed on Tuesday to 50% of this yearâ€™s top price. The trade is in disarray as buyers in top importers like India, Pakistan and China are reneging on contracts while the market bottoms out.

MARKET DEVELOPMENT
20-08-2008

Palm oil importers seek re-adjustment in overseas contract

20/08/2008 (The Hindu), New Delhi - Falling global palm oil prices is a welcome news for consumers but not for importers who are now seeking a re-adjustment in their overseas contract to ward off losses, Solvent Extractors Association said on Tuesday.

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