Archived News

15/03/2013 (Bloomberg) - Malaysia left the tax on crude palm oil exports unchanged for April as the world’s second-largest producer seeks to boost shipments and cut near record inventories. Futures in Kuala Lumpur rallied.

14/03/2013 (Reuters) - Malaysian palm oil futures slipped to a two-month low on Wednesday as weakness persisted in overseas soybean markets, although traders said easing palm oil output should provide some support.

14/03/2013 (Jakarta Globe) - Environmental advocacy group Greenpeace has welcomed the launch of a forest conservation pilot project by the world\'s second largest palm oil plantation company, Golden Agri-Resources, to protect high carbon stock forests in Indonesia.

14/03/2013 (Agrimoney.com) - US farm officials called time on the drop in palm oil prices, citing the turn in the production cycle in South East Asia to a seasonal low at a time when values near their lowest since 2010 are attracting a \"keen interest\" from importers.

14/03/2013 (WNYC News) - Dunkin’ Donuts is changing it recipes, though customers may not notice much difference the next time they bite into a cruller. In response to pressure from New York State Comptroller Thomas DiNapoli, the company recently announced that it will set a goal of using only 100 percent sustainable palm oil in making its donuts.

14/03/2013 (Bloomberg) - Palm declined for a second day, falling to the lowest level in more than a week, on concern that the advancing soybean harvest in Brazil will boost global oilseed supplies, depressing demand for the tropical oil.

14/03/2013 (Dominican Today) - Greenpeace Indonesia today welcomed the launch of a forest conservation pilot project by Indonesia’s largest palm oil producer, Golden Agri-Resources (GAR), to protect High Carbon Stock (HCS) forests and called on other palm oil producers to take similar action.

14/03/2013 (Reuters) - Nestle, the world\'s biggest food company, published on Wednesday a raft of social and environmental targets it aims to meet by 2020, including better labelling of its products, only using sustainable palm oil and cutting greenhouse gas emissions.

14/03/2013 (Reuters) - Malaysian palm oil futures fell to a two-month low on Thursday, dropping for a third straight session on persistent weakness in soy markets, while traders watch for upcoming export data to gauge demand.

13/03/2013 (Reuters) - Malaysian palm oil futures edged lower on Tuesday, tracking weaker overseas soybean oil markets, although a fall in palm oil stockpiles helped keep losses in check.

13/03/2013 (The Star) - Affin Investment Bank Research is maintaining its 2013 crude palm oil (CPO) average selling price assumption of RM2,800 a tonne.

13/03/2013 (Bloomberg) - Palm oil fell for the first time in four days on speculation that exports from Malaysia, the world’s second-largest producer, may decline for a fifth month as a tax on shipments curbs demand among importers.