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MARKET DEVELOPMENT  
  06-05-2010

Oil palms and profits from energy demand

06/05/2010 (Economic Times) - Baby vegetables may have glamour. But oil palms – nerdy tropical trees with oily fruit – have won the corporate farming sweepstakes. Oil palm plantations have become to cooking oil companies what coal blocks are to power plants: a sure-shot bet on India’s exploding energy demand.

MARKET DEVELOPMENT  
  06-05-2010

Malaysia, Indonesia palm oil groups unite against critics

05/05/2010 (AFP), Kuala Lumpur - Palm oil producers from Malaysia said Wednesday they had formed a coalition with their counterparts in Indonesia to counter intensified campaigns that blame the industry for rapid deforestation.

MARKET DEVELOPMENT  
  05-05-2010

A News Analysis

05/05/2010 (Bernama), Kuala Lumpur - Malaysia's palm oil industry is worth about RM50 billion annually and chances are that revenue may even touch RM60 billion this year, if current prices remain steady until the end of the year.

MARKET DEVELOPMENT  
  05-05-2010

Rain forest advocacy group slams Cargill

04/05/2010 (Star Tribune) - Cargill Inc.'s Indonesian palm oil business is under fire from an environmental advocacy group for allegedly using practices linked to rain forest destruction.

MARKET DEVELOPMENT  
  04-05-2010

Palm oil players in M’sia, Indonesia form group

04/05/2010 (The Star Online), Kuching - Palm oil producers in Indonesia and Malaysia have established the Indonesia-Malaysia Palm Oil Group (IMPOG) to formalise their collaboration on sustainable palm oil development.

MARKET DEVELOPMENT  
  04-05-2010

Oil palm investments by RPCs showing high returns

04/05/2010 (Daily Mirror) - The Planters' Association of Ceylon says diversification by Regional Plantation Companies (RPCs) into non-traditional areas such as palm oil cultivation and processing, is showing good results.

MARKET DEVELOPMENT  
  04-05-2010

Global shortage to keep coconut oil on the boil

04/05/2010 (Financial Express), Kochi - Higher demand for palm oil and low coconut production in Philippines and some parts of Indonesia because of the drought are likely to support coconut oil prices in India in the long-term, a report by the Agricultural Market Intelligence Centre (AMIC) of the Kerala Agricultural University said.

MARKET DEVELOPMENT  
  04-05-2010

Petrobras, Galp to Invest $530 Million in Biodiesel

03/05/2010 (Bloomberg) - Brazil’s Petroleo Brasileiro SA and Portugal’s Galp Energia SGPS plan to invest $530 million to produce biodiesel for the European market.

MARKET DEVELOPMENT  
  04-05-2010

Palm Oil Declines on Concern Edible Oils Demand May Drop

03/05/2010 (Bloomberg) - Palm oil, little changed, may drop amid concerns that demand for the edible oil may weaken as supply expands.

MARKET DEVELOPMENT  
  04-05-2010

Oil palm planters urged to create corridors for wildlife

03/05/2010 (The Star Online), Kuching - Oil palm planters have been asked to create “corridors’’ in their estates for wildlife, particularly the endangered orang utan, to roam in their natural habitats.

MARKET DEVELOPMENT  
  03-05-2010

Palm Oil May Decline on Concern Edible Oils Demand May Drop

03/05/2010 (Bloomberg) - Palm oil, little changed, may decline amid concerns that demand for the edible oil may weaken.

MARKET DEVELOPMENT  
  03-05-2010

Palm oil producers to meet amid attacks from green groups

01/05/2010 (Free Malaysia Today), Kuala Lumpur - Palm oil producers and government officials from Malaysia and Indonesia will meet on May 3 to discuss the latest round of attacks by Greenpeace and other environmental organisations that have blamed producers for destroying rainforests and biodiversity, an industry executive said on Wednesday.