Archived News

02/12/2011 (Commodities Now Online) - The Indonesia Commodity and Derivatives Exchange (ICDX) has succesfully obtained approval to launch a Refined Bleached Deodorized Palm Olein (RBDP Olein) Futures Contract from the Commodity Futures Trading Regulatory Agency (COFTRA).

02/12/2011 (APP): Shipping activity remained active at the Port where three ships carrying containers and Edible oil were allotted berths at Qasim International container Terminal and Liquid Cargo Terminal respectively on Wednesday, 30th Nov. Meanwhile six more ships scheduled to load/offload Containers, Rice and palm oil also arrived at outer anchorage of Port Qasim during last 24 hours .

02/12/2011 (Jakarta Post) - The Environment Ministry has classified 49 companies as “black” for operations that neglect environmentally friendly standards.

02/12/2011 (National Post) - The Indonesian Ministry of Forestry, with the support of PT SMART Tbk (SMART) and Asia Pulp & Paper Group (APP), announced a landmark partnership with Orangutan Foundation International(OFI) to create a two-year conservation programme geared towards the protection of orangutans, one of the more endangered animal species in the world.

02/12/2011 (The Guardian) - Norway has been accused of climate hypocrisy in Indonesia, where it has won plaudits for financing forest protection even as its state pension fund allegedly secures even greater revenues from logging, plantations, mining and other environmentally destructive practices.

01/12/2011 (Reuters) - Malaysian palm oil futures fell on Wednesday as euro zone caution and thin trading volumes overshadowed prospects of lower production aggravated by erratic weather.

01/12/2011 (Borneo Post) - Sarawak Oil Palms Bhd (Sarawak Oil Palms) nine months financial year 2011 earnings of RM199.7 million came in ahead of expectations, placing the company on track to form its best production year ever.

01/12/2011 (CSR Asia) - The ambition of the Roundtable on Sustainable Palm Oil (RSPO) was always to bring sustainable practices to the mainstream.

01/12/2011 (Business Times) - Malaysia has been the world’s top oleochemicals producer for the last 15 years but is now facing stiff competition from Indonesia.

01/12/2011 (Business Standard) - The government today said the domestic edible oil industry is not likely to be affected by imports from Indonesia after the Asian nation recently introduced new export duty on palm oil.

01/12/2011 (Daily Times) - Three ships carrying containers and palm oil were berthed at Qasim International Container Terminal and Liquid Cargo Terminal respectively on Tuesday.

01/12/2011 (MSN) - Crude palm oil edged lower by 0.10 per cent to Rs 509.70 per 10 kg in the futures market today amid profit-booking by speculators at prevailing levels.