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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil falls to 11-week low on weak exports, rising output
CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets
Private plantation company to import oil palm seedlings from Costa Rica
11/06/2008 (ANTARA News), Muara Teweh - PT Antang Ganda Utama (AGU), a major private plantation company, in Teweh Tengah subdistrict, North Barito District, Central Kalimantan, planned to import 1,150,000 seedlings of oil palm trees from Costa Rice, a Central American country.
Indonesia May End Cooking Oil, Soybean Subsidies
10/06/2008 (Flex News), Jakarta - Indonesia may scrap subsidies on local palm-based cooking oil and soybeans next year because global prices have eased and it has launched a scheme of cash handouts for the poor, the trade minister said on Tuesday.
Malaysia\'s Vitaoils plans JV; to invest $50 mn
10/06/2008 (Business Standard) - Malaysian edible oil major MM Vitaoils is scouting for a local partner here to enter Rs 20,000 crore palm oil market in India, where it plans to invest $50 million and to acquire a refinery.
Cheaper edible oils through ration shops soon in three states
10/06/2008 (Zee News), New Delhi - The Centre may start supplying edible oils through ration shops in at least three states -- Himachal Pradesh, Chhattisgarh and Tamil Nadu -- from this month, as part of its measures to give relief to the common man from rising prices.
NAFED to import 24,000 T veg oils
10/06/2008 (Reuters, India), New Delhi - A leading Indian farm co-operative has contracted to import 24,000 tonnes of vegetable oils and plans to buy 120,000 tonnes by March to help improve domestic supplies, its managing director said on Tuesday.
Govt urged to provide loans to solvent plant owners
10/06/2008 (The Post, Pakistan), Multan - All Pakistan Solvent Extractors Association (APSEA) has appealed to federal government and the governor State Bank to issue instructions to all the banks and financial institutions for providing finances to solvent plant owners for the procurement of oil-bearing seeds like sun-flower.
Indonesia, India to finalize economic agreement in August
09/06/2008 (The Jakarta Post) - Representatives from Indonesia and India will meet in India in August to finalize a negotiation on an economic partnership agreement, an ambassador says.
Rush for cooking oil
07/06/2008 (The Star Online), Miri - Panic buying of cooking oil has started in northern Sarawak following talk that the price of this essential commodity may increase by up to 50% today.
Palm oil rises on biofuel demand, soyaoil prices
10/06/2008 (Commodity Online), Kuala Lumpur - Higher demand for biofuel caused by crude oil prices and rally in prices of soyaoil helped Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives Bhd on Monday.
