Archived News

13/06/2011 (Stock Market Wire) - Chairman of MP Evans Group, Peter Hadsley-Chaplin, told the AGM that production of palm oil had got off to a very good start in 2011 with robust prices and markedly improved crops.

13/06/2011 (Business Times) - Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are likely to be trading higher next week on expectation of stronger demand for the commodity, dealers said.

13/06/2011 (Business Times) - Malaysia’s palm oil exports rose 22 per cent in the first 10 days of June from the same period in May, independent market surveyor Intertek said.

10/06/2011 (Opposing Views) - You can find palm oil in just about every type of product—hand soap, lipstick, cookies, supplements, peanut butter. It’s even being used as biofuel. The relatively cheap commodity is noted for its stellar nutritional profile (similar to olive oil) and its lack of flavor and smell, allowing it to blend seamlessly into multiple applications. However, although it was once hailed as the future of “sustainable energy,” palm oil is actually unsustainable and an absolute eco-nightmare, conservationists say.

10/06/2011 (Palm Oil HQ) - Crude palm oil futures on Malaysia’s derivatives exchange tumbled sharply Thursday following heavy selling due to lower soyoil and lingering concerns about rising stock levels.

10/06/2011 (Borneo Post) - Sarawak-based palm oil company, BLD Plantation Bhd (BLD Plantation) will invest an estimated RM100 million towards the construction of a new crude palm oil (CPO) mill and a second refinery plant to cater for robust demand.

10/06/2011 (Shan Herald Agency for News) - Illegal trade is booming on the southern Shan State motorcade trade route through Mae Hong Son, a northern province in Thailand. Since the beginning of the New Year, hundreds of new and used cars have been transported from Mae Hong Son, to Taunggyi, Burma (Myanmar).

10/06/2011 (Triple Pundit) - Unilever has been recognized as a sustainability leader in a 2011 survey by SustainAbility, and the Ethical Corporation awarded the company its Responsible Business Award in the High Performance category. CEO Paul Polman talks about how the company has lowered its carbon emissions by 40 percent in the last ten years, how, as a large palm oil producer it is looking to move toward sustainable palm oil, and how it is working to change consumer habits to aid in conservation.

10/06/2011 (Business Recorder) - Malaysian palm oil reversed gains to briefly touch a one-month low late on Thursday, as a bout of technical selling weighed and investors positioned themselves ahead of the release of a flurry of agriculture data.

10/06/2011 (Bernama) - Malaysian Genomics Resource Centre Bhd (MGRC) and Felda Agricultural Services Sdn Bhd (FAS) have succeeded in the sequencing and assembly of the Ganoderma boninense fungus genome.

10/06/2011 (Bernama) - The Perak government has allocated 625 hectares to the state Farmers Organisation Authority to cultivate oil palm, Menteri Besar Datuk Seri Dr Zambry Abdul Kadir said Thursday.

09/06/2011 (Business Daily) - A ship carrying 30,000 tonnes of palm oil — used in the making of cooking oil — has docked at Mombasa port, allaying fears of shortage of the product triggered by the April hijacking of another vessel loaded with the raw material.