Archived News

19/05/2009 (Business Times, India), Hamburg - Malaysian October 2008/September 2009 palm oil output is likely to reach only 17.8 million tonnes Hamburg-based oilseeds analysts Oil World forecast yesterday.

19/05/2009 (The Independent) - The Government has joined calls for Britain’s best-selling household groceries to use sustainable palm oil.

19/05/2009 (TMCnet), Colombo - Palm oil prices have stabilised after last year's collapse and demand should grow in future, according to Good Hope, a subsidiary of Sri Lanka's Carson Cumber batch group with plantations in Malaysia and Indonesia.

19/05/2009 (Bangkok Post) - The price of chemical fertilisers and vegetable oils will not rise during the current period, Department of Internal Trade director-general Yanyong Phuangrach said on Tuesday.

19/05/2009 (The Jakarta Post), Jakarta - The palm oil industry has sparked controversy over environmental issues, as well as concerns over security.

16/05/2009 (Reuters) - Malaysian planter Sime Darby (SIME.KL) plans to expand its non-plantation businesses to reduce its dependence on the more cyclical palm oil earnings, The Edge business weekly reported, citing a top company official.

15/05/2009 (International Centre forTrade and Sustainable Development) - The Worldwide Fund for Nature (WWF) says it will begin a campaign to rate major palm oil purchasers on their sustainability after figures show only a fraction of certified palm oil on the market has been purchased.

21/05/2009 (Mongabay.com) - The Malaysian government\'s federal land agency (FELDA) is now denying its well-documented plan to develop oil palm plantations in the Amazon rainforest, reports Ecological Internet, a forest advocacy group that carried out a campaign against the project.

19/05/2008 (The Jakarta Post) - While a handful of oil palm plantations are raking in a fortune from their activities, many villagers are reeling at the loss of the source of much of their livelihoods.

19/05/2009 (The Jakarta Post) - Indonesia's palm oil business, already hit by lower prices, risks an overseas buyers boycott, with NGOs saying government plans for huge plantations in Kalimantan may mean big environmental damage.

19/05/2009 (Business Standard) - “Prices of crude palm oil (CPO) are expected to surge 20 per cent to surpass 3,000 ringgit later this year, on falling output in the mainland production centres that are Malaysia, Indonesia, Argentina and Ukraine,” a paper presented by Dorab Mistry, director of Godrej International said in Jakarta on Monday.

18/05/2009 (The Star Online) - TOGETHER with a recovery in global commodity prices, crude palm oil (CPO) futures for three-month delivery shot up to above RM2,600 a tonne at Friday’s market closing from RM2,000 on March 31.