Archived News
10-09-2008
Palm oil\'s plunge makes biofuels attractive again
09/09/2008 (Reuters, India), Singapore - The tide is turning in favour of palm-based biodiesel producers, who aim to boost output in coming months because of improving margins after a near-50 percent drop in palm prices from their record high six months ago.
10-09-2008
Drop in palm oil prices favours biodiesel makers
10/09/2008 (LiveMint), Singapore - The tide is turning in favour of palm oil-based biodiesel producers, who aim to raise output in coming months because of improving margins after a near-50% drop in palm oil prices from their record high six months ago.
10-09-2008
Decline in palm oil price hits importers
10/09/2008 (Business Standard) - Palm oil importers in India seem to be having a tough time. A sharp fall in the prices of palm oil in the international markets have forced many importers to either refrain from taking delivery or defer the delivery of contracted palm oil for a couple of months.
10-09-2008
FMCG firms in a fix over pricing strategy
10/09/2008 (Business Standard) - Some relief is on the way for fast-moving consumer goods( FMCG) companies, with prices of crude oil, wheat, milk and palm oil either on the decline or stabilising. Even as flexible packaging prices — which had become a new headache for FMCG companies — may come down on the back of stable crude oil prices, the verdict on production costs is still unclear.
10-09-2008
New Discoveries To Ensure Low Oil Prices By 2012-13
09/09/2008 (Dow Jones), Singapore - New exploration prompted by high oil prices in recent years will lead to a substantial increase in proven and accessible oil reserves in the next two to three years, said James Fry, chairman of London-based commodities consultancy LMC International.
10-09-2008
Palm oil firms urged to adopt sustainable practices
09/09/2008 (The Jakarta Post) - Blamed for pushing orangutans out of their habitat, palm oil companies are being urged to help conserve the endangered species in Kalimantan.
08-09-2008
Winning ’em over with clean green
07/09/2008 (NST Online) - The good news for palm oil is that Malaysian oil palm plantation companies can wear their responsibility on their corporate sleeves and on their products — the “green†certification.
08-09-2008
Orangutan under threat of extinction in Indonesia
06/09/2008 (Xinhua) - The population of Orangutans in Kalimantan or Borneo Island of Indonesia remained under threat of extinction, despite claims by palm oil firms of applying eco-friendly work practices, according to a newspaper here Saturday.
08-09-2008
Kulim plans REITs, unit IPO
08/09/2008 (The Star Online) - KULIM (M) Bhd will be looking at plantation REITs (real estate investment trusts) and a separate listing for its plantation unit as part of its effort to unlock the value of the group’s diversified portfolio.
08-09-2008
Diverse ops help Kulim mitigate risks
08/09/2008 (The Star Online) - Kulim Managing director Ahamad Mohamad talks to (i)StarBizon how the group will face the decline in CPO prices
08-09-2008
Malaysia dollar-based palm contract debuts
06/09/2008 (Daily Times), Kuala Lumpur - Malaysia’s new dollar-based crude palm oil futures debuted in light trade on Friday amid a sell-off in vegetable oil markets pressured by weaker oil prices.
08-09-2008
Meeting with the makers of palm oil
05/09/2008 (Greenpeace) - Last week, campaigners from Greenpeace South-East Asia met with palm oil producers and traders to discuss the challenges faced by the industry if it's going to get a grip on the problem of deforestation. The seminar was designed to get these companies thinking about the impact their trade is having on forests in the region, and working groups brought together industry reps and campaigners to discuss the issues involved, particularly our demand for a moratorium on clearing forest areas for palm oil plantations.