Archived News

26/04/2013 (Bloomberg) - Palm oil advanced for a third day to the highest level in almost two weeks on speculation that rising exports from Malaysia may help pare stockpiles in the world’s largest producer after Indonesia.

26/04/2013 (MarketWatch.com) - Liberia's President, Her Excellency Ellen Johnson Sirleaf today visited oil palm farms in Sinoe County. Travelling with members of the press, President Johnson Sirleaf made visits to Golden Veroleum Liberia's (GVL) oil palm development sites in Butaw and Numapoh Kpanyan, where, in the last two years, GVL has created over 2,700 new jobs.

26/04/2013 (Jakarta Globe) - Astra Agro Lestari, the palm oil plantation unit of Astra International, plans to revamp its plantation area and construct palm oil processing plants through a $200 million loan.

26/04/2013 (The Star) - Palm oil stocks in China probably eased 1.4 percent in end-March, from record high levels a month ago, as consumption in the world's second-largest buyer of the commodity rose more than its imports, traders and analysts said on Thursday.

26/04/2013 (AgriMoney.com) - The poor prospects for palm oil prices prompted plantations group Sipef to warn of a drop in earnings this year, seeing little prospect of a revival in tea values for now either.

26/04/2013 (New Straits Times) - Terengganu's prominent oil palm plantations company TDM Berhad will start building an RM80 million oil palm mill in their plantations in West Kalimantan, Indonesia this year to further strengthen its position and increase its value-added revenue.

26/04/2013 (Mongabay.com) - Environmentalists are unhappy with Thursday\'s approval of new criteria for the world\'s leading palm oil certification standard.

26/04/2013 (The Sun Daily) - The move by the Indonesian government to limit foreign ownership of plantation land in the country is likely to see more local plantation companies venture into new markets such as Africa and Papua New Guinea (PNG) as part of their expansion plans, analysts say.

26/04/2013 (Jakarta Post) - Indonesia is maintaining its efforts to place two of its agriculture-based products — palm oil and rubber — on the Asia-Pacific Economic Cooperation’s (APEC) list of environmentally friendly goods despite rejection by some members.

26/04/2013 (Business Times) - The Roundtable on Sustainable Palm Oil (RSPO) hopes to boost the uptake of certified sustainable palm oil from 50 per cent now by improving transparency in the supply chain.

26/04/2013 (Green Peace) - It always amazes me how the actions – or rather inaction – of high-level meetings in far-off cities can so seriously impact forests in my own country.

26/04/2013 (Bernama) - HwangDBS Vickers Research expects another year of negative earnings growth for Sime Darby Bhd in financial year (FY) 2014 based on its forecast of flat crude palm oil (CPO) prices.