Archived News

18/11/2010 (AGRI MONEY) - Buoyant palm oil prices have staved off a profits miss at Anglo-Eastern Plantations, after the hangover from dry weather last year cut the productivity of its plantations.

18/11/2010 (SHARECAST), London - Palm oil producer Anglo-Eastern Plantations said extreme weather conditions have resulted in lower than expected yields so far this year.

19/11/2010 (The Jakarta Post) - Palm oil is now the world’s most widely traded vegetable oil. As Indonesia is the center of global production, palm oil in a priority for Indonesia’s economic planners. With millions of hectares either under oil palm or planned for development, a highly polarized debate surrounds the question of oil palm development in Indonesia.

20/11/2010 (Sabah Today), London - The oil palm industry is important to Malaysia from the perspective of economic development, poverty eradication and providing employment opportunities.

18/11/2010 (Bloomberg) - Malaysia’s limited room for expanding palm oil cultivation means that industry growth will have to come from improving productivity, its plantation minister said.

18/11/2010 (Bloomberg) - Palm oil plunged the most in more than a year on speculation that price-control measures announced by China, the world's biggest consumer of cooking oils, may slash import demand.

18/11/2010 (Reuters) - Palm oil producer Anglo-Eastern Plantations Plc (ANEA.L) said crude palm oil (CPO) production for January-September fell 6 percent as heavy rains across Southeast Asia led to lower-than-expected yields. The owner of plantations in Indonesia and Malaysia said production of fresh fruit bunches (FFB) for the period fell 5 percent from last year.

18/11/2010 (The Star Online), KUCHING - Keresa Plantations Sdn Bhd, one of Sarawak's smallest oil palm estate companies, has emerged as an industry leader as the first in the state to obtain RSPO (Roundtable for Sustainable Palm Oil) certification.

18/11/2010 (The Star Online), Brussels - In a united stand, the world's top palm oil producers Malaysia and Indonesia have expressed strong intention to undertake more joint activity to promote the commodity's sustainable production image and address the mounting negative publicity among the green NGOs and major importing Western countries.

18/11/2010 (The Star Online), Kuching - About 65% of the 3.2 million tonnes of global certified sustainable palm oil come from Malaysia, said a RSPO (Roundtable for Sustainable Palm Oil) executive director Jeremy Goon Kin Wai.

18/11/2010 (Today Online), Singapore - Palm-oil prices look set to hit about RM3,600 ($1,503) a tonne by next year, fuelled by supply shortages and robust demand from emerging markets, according to analysts.

17/11/2010 (The Borneo Post), Kuching - Homegrown group, Keresa remains committed towards meeting global standards via its participation in the Roundtable for Sustainable Palm Oil (RSPO).