Archived News
12-11-2008
New plantations to drive demand for palm oil mills
11/11/2008 (The Star Online), Petaling Jaya - CB Industrial Product Holding Bhd (CBIP) expects its business of designing and building palm oil mills to grow by 50% next year.
11-11-2008
AP to reduce palm oil price for white card holders
10/11/2008 (Money Control), Hyderabad - The Andhra Pradesh Government has decided to reduce the palm oil price being distributed to White Card holders through fair price shops to Rs 35 a litre from the present Rs 45 immediately. The decision was taken by Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, after a meeting with officials of the Civil Supplies, Marketing and Horticulture here on Monday.
11-11-2008
Greenpeace stops palm oil shipments from leaving Indonesia
10/11/2008 (AFP), Jakarta — Environmental group Greenpeace said Monday it had stopped several palm oil shipments from leaving Indonesia and called for an end to forests and peatlands being destroyed to make way for plantations.
11-11-2008
Expert: Palm oil prices have reached the floor
10/11/2008 (Xinhua), Kuala Lumpur - Vegetable oils forecast expert Thomas Mielke believes palm oil prices have bottomed out and expects sharp increases ahead, Malaysian media reported on Monday.
11-11-2008
IOI Corp up 1st time in 3 days
10/11/2008 (Business Standard) - IOI Corp (1961), the world’s second- biggest palm-oil producer, gained for the first time in three days in Kuala Lumpur trading after profit beat some estimates and analysts said the stock is undervalued.
11-11-2008
Forest crimes and climate crimes: Greenpeace ships take action
10/11/2008 (Greenpeace) - The small (wet) figure above is a crew member of the Greenpeace ship Esperanza. Darkness has fallen on the port of Dumai (Indonesia) since this photograph was taken several hours ago, but our climber is still there, in the dark, occupying the anchor chain and preventing the tanker from setting off to the Netherlands with its 27,000 tonne cargo of palm oil. As Jamie wrote on the Forests for Climate blog, it takes only one person to stop a giant palm oil tanker.
10-11-2008
Millers Must Buy Palm Fruits From Planters
09/11/2008 (iStockAnalyst) - ALL 403 palm oil millers throughout the country have been reminded that they must receive and buy palm fruits from planters, despite the current economics of low profits.
10-11-2008
Palm Oil Prices Have Reached the Floor: Expert
09/11/2008 (iStockAnalyst) - VEGETABLE oils forecast expert Thomas Mielke believes palm oil prices have bottomed out and expects sharp increases ahead.
10-11-2008
Malaysia, Indonesia to Prop Up CPO Prices
09/11/2008 (iStockAnalyst), Putrajaya - Malaysia and Indonesia are joining forces to strengthen the price of palm oil.
10-11-2008
Indonesia, Malaysia to cut crude palm oil production
08/11/2008 (news.balita.ph), Jakarta — Indonesia and Malaysia, which produce some 85 percent of the world's crude palm oil (CPO), will cut production in short-term to help limit supply and prevent further price drops.
10-11-2008
Malaysia, Indonesia to curtail palm oil production due to low prices
08/11/2008 (Mongabay.com) - Malaysia and Indonesia countries that account for more than 85 percent of global palm oil production — will cut production in an effort to shore up collapsing palm oil prices, reports The Jakarta Post.
10-11-2008
RI, Malaysia cut CPO production
08/11/2008 (The Jakarta Post) - Indonesian and Malaysia, which produce some 85 percent of the world's crude palm oil (CPO), will cut production in the short-term to help limit supply and prevent further falls in prices.