Archived News
11-02-2011
Govt takes flak over cooking oil price surge
11/02/2011 (Bangkok Post) - The opposition Puea Thai Party has opened fire on the government and the Commerce Ministry for failing to control the price of consumer goods, particularly cooking palm oil.
11-02-2011
CPO rally closer to its end: Credit Suisse
11/02/2011 (Business Times) - The Malaysian palm oil rally could be closer to its end as higher prices may hurt demand for the edible oil, Credit Suisse Group AG said in a report today.
11-02-2011
Malaysian palm oil off three-year high
11/02/2011 (Business Recorder) - Malaysian palm oil futures ended off three-year highs hit earlier on Thursday as traders booked some profits after a slew of industry data showed tight vegetable oil supplies at a time when demand has picked up. Industry regulator Malaysian Palm Oil Board said January palm oil stocks fell to a six-month low, as floods and heavy rains curbed output.
11-02-2011
Soya oil rises on fresh buying
11/02/2011 (CommodityOnline) - The refined soy oil futures broke its two days decline and rebounded on Wednesday on short covering and emergence of fresh buying.
11-02-2011
CPO rises on tight supply
11/02/2011 (Commodityonline) - Crude Palm oil yesterday traded with the positive node and settled 0.63% up at 587.7 tracking gains in Malaysian palm oil which rose to their highest levels in almost three years with support from supply-demand fundamentals.
08-02-2011
Wilmar to invest $1.15b in Indonesian palm oil plants
08/02/2011 (Today Online) - Singapore agri-business firm Wilmar International plans to invest US$900 million ($1.15 billion) to construct crude palm oil derivative plants in Indonesia, the Industry Minister said yesterday.
02-02-2011
Local refiners take Indonesia palm oil due to floods
02/02/2011 (The Star Online), Kuala Lumpur - Malaysian refiners snapped up more Indonesian crude palm oil to meet orders from China and India after floods in a key growing area submerged estates and cut off roads, adding to Asia\'s escalating food costs.
02-02-2011
Palm oil import increase to 120,000 tonnes approved
02/02/2011 (Bangkok Post) - The government has approved im ports of another 120,000 tonnes of crude palm olien to solve the domestic shortage of palm oil.
02-02-2011
Malaysian palm oil producers destroying Borneo peat forests faster than ever before
01/02/2011 (Mongabay.com) - Peatlands and rainforests in Malaysia\'s Sarawak state on the island of Borneo are being rapidly destroyed for oil palm plantations, according to new studies by environmental group Wetlands International and remote sensing institute Sarvision.
02-02-2011
Thailand to import a further 120,000 tonnes of palm oil
01/02/2011 (Black Sea Grain) - Thailand will import an additional 120,000 tonnes of crude palm oil to ease a shortage that has pushed up the cost of meals, on top of 30,000 tonnes already brought in this year from neighbouring Malaysia.
01-02-2011
EPP schemes to assist smallholders under Palm Oil NKEA
01/02/2011 (Borneo Post Online), Ranau - Tan Sri Bernard Dompok, the Minister of Plantation Industries and Commodities launched the Oil Palm Smallholders Replanting and New Planting Schemes, one of eight Entry Point Projects (EPPs) under the Palm Oil National Key Economic Area (NKEA) here yesterday.
01-02-2011
Malaysian peatswamps obliterated for palm oil: study
01/02/2011 (AFP), Kuala Lumpur – Peatswamp forests home to such species as the Borneo pygmy elephant are being obliterated in Malaysian Borneo to make way for palm oil plantations, according to a new study.