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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
Cut in import duty of palm oil to affect coconut sector
22/03/2008 (The Hindu), Kochi - The Union government’s move to slash the import duty on palm oil will affect the coconut based industry in general and the trade in coconut oil in particular. The situation will have a disastrous impact on the coconut farming sector, which has been reeling under severe problems in recent years. Coconut farmers in Kerala will be the worst hit as the productivity had already declined in the State owing to a variety of reasons.
Sri Lanka should liberalize edible oil imports: coconut exporters
23/03/2008 (Lanka Business Online (LBO)) – Sri Lanka's exporters of value added coconut products are asking to authorities to free edible oil imports, so that profits from oil milling would fall, freeing more nuts for other industries.
Withdraw cut in import duty, says VS
23/03/2008 (The Hindu) Thiruvananthapuram - Chief Minister V.S. Achuthanandan on Friday called upon the Central government to withdraw the cut in import duty of palm oil.
\'Import duty cut on edible oil to hit Kerala\'
21/03/2008 (The Hindu Business Line), Thiruvananthapuram - The Centre's decision to slash the import duty on edible oils including palm oil is likely to hit thousands of coconut farmers in Kerala, already reeling under the impact of steady price fall over the years.
Bangladesh waives customs duty on soybean, palm oil
20/03/2008 (Reuters, India), Dhaka - Bangladesh has waived a 10 percent customs duty on refined soybean and palm oil to halt soaring prices in the country's retail market, customs officials said on Thursday.
India Lowers Import Duties on Edible Oil to Check Inflation
20/03/2008 (Bloomberg) - India, the world's biggest buyer of vegetable oil after China, cut import duties on edible oil to ensure adequate domestic supplies and curb inflation.
Govt cuts edible oil import duties to lower prices
20/03/2008 (Reuters, India) New Delhi - India, the world's biggest vegetable oil buyer after China, on Thursday cut import duties on some edible oils, including crude palm, to improve supplies and ease prices as inflation hit a 10-month high.
Nigeria: South Africa Wants Country\'s Palm Oil
20/0./2008 (AllAfrican.com) - South Africa has indicated interest in Nigeria's palm oil. Director, West Africa International Trade and Economic Development Division in the South African Department of Trade and Industry (DTI), Mrs. Hester Obisi said during a meeting with officials of Nigerian Export Promotion Council in Abuja that South Africa would procure palm oil from Nigeria to be used as fuel in the generation of power.
Rice, edible oil duties cut to tame inflation
21/03/2008 (The Economic Times), New Delhi - Call it operation attack inflation. With the inflation inching towards 6% mark, the government on Thursday slashed Customs duty on edible oils and rice to contain their prices in the domestic market. While the Customs duty on rice has been slashed to nil from 70%, duty on all crude and refined edible oil imports has been substantially reduced from the current level of 52-75% to 20% and 27.5% respectively.
