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| China buys record tons of Soybeans from US |
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Commodity Online
NEW YORK: The USDA said that China bought 253,000 tons of U.S. soybeans for 2008-2009. July soybeans closed up 30.5 cents at $13.78. |
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| Malaysia, Indonesia to gain from palm oil boom |
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The other day, Dorab Mistry, Director of London-based Godrej International, whose vegetable oil forecasts are closely followed world wide said that vegetable oil demand is going to remain buoyant in the medium to long term. |
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| Palm oil, Soya up on global cues |
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Commodity Online
NEW DELHI: Soybean and palm oil prices surged up to Rs 50 a quintal on Tuesday mainly on global cues. |
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| Edible oil futures down on speculation |
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Commodity Online
NEW DELHI: Oilseeds prices on NCDEX fell sharply Tuesday on reports that states such as Delhi, Uttar Pradesh and Maharashtra would enforce storage limit on edible oils and oilseeds. |
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| Malaysian palm oil futures bullish as exports rise |
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| According to Intertek Testing Services (ITS), exports of Malaysian palm oil products in the first 10 days of the month increased by 34.5 per cent to 409,238 tonnes from 304,279 tonnes in the same period last month, |
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| FCRI extracts bio-fuel from micro-algae |
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| FCRI scientists said that the extraction of bio-fuel by standardising the research procedure from marine micro algae was a major breakthrough and institute has plants to develop an industrial model for mass production |
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| Malaysia's Ta Ann to expand its oll palm business |
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| Recently, many local plantation companies are looking at NCR land development schemes in Sarawak via joint ventures, according to The Star. |
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| Bull phase likely in crude palm oil futures this week |
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| CPO futures traded on Bursa Malaysia Derivatives advanced strongly last week, supported by record high crude oil and worries over global edible oil supply tightness. |
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| NMCE launches guar seed, turmeric contracts |
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Commodity Online
AHMEDABAD: India’s National Multi-Commodity Exchange has launched new series for futures contract in guar seed and turmeric from Saturday. |
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| NMCE suspends futures in rubber, chana, soy oil |
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Commodity Online
AHMEDABAD: The National Multi-Commodity Exchange (NMCE) on Friday announced the suspension of futures trading in rubber, chana and soyoil. |
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| Soybean tax: Argentine farmers resume strike |
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Commodity Online
BUENOS AIRES: After a month long truce, thousands of Argentine farmers resumed a crippling strike Wednesday urging government to roll back a stiff tax hike on soybean exports. |
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| STC invites bid to import RBD palmolein |
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Commodity Online
NEW DELHI: The State Trading Corporation of India on Tuesday invited bids for importing 24,000 tons of RBD palmolein to be delivered in May-June period. |
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| Soybean, cottonseed oil up on demand |
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Commodity Online
NEW DELHI: Good demand from retailers helped soybean and cottonseed oil prices to go up by Rs 50 a quintal at the wholesale oil and oilseed market here on Wednesday. |
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| Brazil to produce biofuels despite controversy |
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| Brazil, a world leader in both food and biofuel production, has faced mounting pressure in the wake of a widespread shortage in staple foods and resulting price hikes for foodstuffs. |
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| High edible oil demand, oil companies expand |
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Commodity Online
AHMEDABAD: As edible oil scenario is getting more sticky in India – world’s biggest consumer – companies in the oil field is going gaga. |
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| Gujarat varsity develops new groundnut variety |
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Commodity Online
The variety has been developed to augment the export of HPS groundnut from Gujarat. |
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| UP mills to produce ethanol directly from sugarcane |
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| The Mayawati Government’s decision comes in the wake of the notification issued by the Union Government on December 28, 2007 under the Sugarcane (Control) Order, 1966. |
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| Why Chinese exporters are fed up with Dollar |
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By Justice Litle
Chinese exporters are fed up with the dollar -- and starting to demand payments in euros. While a weaker dollar is making life tougher for Americans, there is a hidden upside -- for U.S. exporters. |
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| Battle for Bt Cotton seed prices hots up in Guj |
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Commodity Online
According BKS workers, the companies do not give proper prices to farmers who grow BT Cotton seeds on behalf of the companies |
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| Biofuels not responsible for food crisis: report |
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F O Licht opined that reports blaming increased biofuels production for the present food grain crisis are exaggerated and the share of oil seeds and grains in the total global usage for biofuels is limited.
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