Archived News

24/05/2011 (IBN Live) - With the Integrated Tribal Development Agency (ITDA) deciding to go for oilpalm cultivation for the first time in the State, the tribal welfare department has started identifying the potential places in agency areas of the district.

24/05/2011 (Yale Environment 360) - Nearly two-thirds of West Africa’s remaining rainforests are in the small but troubled nation of Liberia. That is a small miracle. A decade ago, Liberia’s forests were being stripped bare by warlords to fund a vicious 14-year civil war that left 150,000 dead. In 2003, the United Nations belatedly imposed an embargo on Liberian “logs of war.” Revenues crashed and, coincidentally or not, the war swiftly came to an end.

23/05/2011 (The Star) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to continue the uptrend this week driven by positive sentiments from the external market and export data.

23/05/2011 (Business Times) - Plantation stocks are in the limelight this results season as companies, large and small, almost double profits on higher crude palm oil (CPO) prices.

23/05/2011 (Bloomberg) - The price of palm oil may decline as much as 30 percent this year as supply increases, putting pressure on producers including Golden Agri Resources Ltd., the Royal Bank of Scotland Group Plc (RBS) said in a report.

23/05/2011 (Financial Times) - For something which ends up in such simple products as soap, fish fingers and cakes, palm oil has a tortuously complex supply chain, a fact food producers cite as a significant difficulty in attempting to source the ingredient sustainably.

23/05/2011 (Hindu Business Line) - Two and a half years ago, Mr Kumarasamy Reddiar of Vikaravandi village in Tamil Nadu's Villupuram district decided to cultivate oil palm. He chose to replace paddy, casuarina and sugarcane and today, he gets 20 tonnes of fresh fruit bunch (FFB) of oil palm a year on the nine hectares.

23/05/2011 (Food Ingredients First) - Forest fragmentation driven by demand for palm oil is having a catastrophic effect on multiple levels of biodiversity, scientists from Queen Mary, University of London have discovered.

23/05/2011 (Jakarta Globe) - Although it continues to fluctuate, the average price of palm oil this year will remain higher than last year as it moves toward $900 per metric ton, an industry association says.

23/05/2011 (IPP Media) - Henry Oranya, District commissioner for Mkuranga in Coast Region, has invited foreigners to invest in palm oil production in Rufiji District as a way of fending off edible oil imports to Tanzania.

23/05/2011 (The Star) - BY 2015, Felda Global Group, the commercial entity of Federal Land Development Authority (Felda) is envisaged to emerge as a dynamic agri-business and multinational organisation with strong upstream and downstream activities, a well-recognised brand, diversified activities and a leadership especially in agri-based new technologies.

23/05/2011 (The Star) - Rising de-mand for oil palm fibre in China should spur millers in Sabah to look at using their own waste products to generate money, said state Industrial Development Datuk Raymond Tan.