Archived News

11/11/2013 (BBC News) - The authorities say the chances are "slim" of prosecuting those responsible for the yellow oil globules that polluted the Suffolk coast last month.

11/11/2013 (The Star) - More convincing catalysts may be needed before plantation stocks see a re-rating despite the recent run-up of crude palm oil (CPO) prices, which climbed to a year-to-date high recently.

11/11/2013 (Jakarta Post) - More than 600 delegates from 30 countries are gathering in the Roundtable on Sustainable Palm Oil (RSPO) 11th annual conference opening in Medan, North Sumatra, today when the multi-stakeholder organization itself is facing bigger challenges to its own sustainability as the market watchdog of socially and environmentally sustainable palm oil.

11/11/2013 (Scoop.co.nz) - The Grey Lynn Farmers Market is already a popular market for Aucklanders to shop for locally grown and produced foods. Now market shoppers can feel confident that their purchases are not supporting the palm oil industry and the environmental damage and habitat destruction that oil palm plantations are creating.

11/11/2013 (Bloomberg) - Illegal logging and mismanagement of Indonesia’s forestry industry may have prevented more than $7 billion flowing to state coffers from 2007 to 2011, costing the government more than its health budget, Human Rights Watch said.

11/11/2013 (Jakarta Post) - The agreement signed by the Roundtable on Sustainable Palm Oil (RSPO) and the Indonesian Sustainable Palm Oil (ISPO) earlier this month is strategic for promoting sustainable palm oil because their cooperation is designed to eventually unify the certification of sustainable palm oil, thereby removing confusion, economizing physical resources and reducing costs.

11/11/2013 (Business Standard) - A record acreage in Maharashtra and Madhya Pradesh had led to a build-up in expectations of a higher soybean crop after the sowing process. However, due to very heavy rains during the pod filling stage in Madhya Pradesh and some parts of Vidarbha (Maharashtra), a larger than expected damage was caused to the soybean crop. On account of this, we have seen a sharp drop in production, as well as quality issues in the new crop of soybean. Crushers from Madhya Pradesh are these days seeking Maharashtra’s crop due to quality issues.

11/11/2013 (Daily News & Analysis) - The state government wants the Centre to review its decision to ban the sale of palm oil through the public distribution system.

09/11/2013 (Reuters) - Malaysian palm oil futures slipped to a near two-week low on Friday as a bout of technical selling pressured prices, but the market was rangebound ahead of a key industry report on production and stocks in the world's No.2 producer.

09/11/2013 (Jakarta Globe) - Sawit Sumbermas Sarana, a unit of plantation company Citra Borneo Indah, expects to raise up to Rp 1.45 trillion ($127 million) through a December initial public offering.

09/11/2013 (Reuters) - Malaysia's third-largest listed plantation company, Kuala Lumpur Kepong Bhd, said it had agreed to a $21.3 million cash acquisition to gain a foothold in the palm oil sector in Liberia.

09/11/2013 (Bloomberg) - Palm oil posted the biggest weekly drop in more than eight months before a report from Malaysia expected to show that stockpiles gained even as production declined last month.