Archived News
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.
10-11-2008
Palm Oil: India leads in global consumption
08/11/2008 (Commodity Online) - Indians are consuming all the palm oil produced in Malaysia and Indonesia. India is the largest importer and consumer of edible oils in the world and the country imports nearly 3 million tons of palm oil annually mainly from Malaysia and by Indonesia.
10-11-2008
Palm oil price support plan rejected
08/11/2008 (Bangkok Post) - The government has turned down a Commerce Ministry proposal to spend at least 3.3 billion baht to buy 150,000 tonnes of crude palm oil to shore up prices, which have plunged 64% from a March record on concerns about the slowing global economy.
10-11-2008
UPDATE: Replanting To Cut Indonesia 09 Crude Palm Oil Output
07/11/2008 (Alibaba.com), Jakarta - Indonesia and Malaysia will work together to reduce record high palm oil stocks in a bid to shore up prices of the country's main agricultural product, senior government officials said Thursday.
10-11-2008
Malaysia sees \'fair\' price for palm oil at RM2,000-RM2,600
07/11/2008 (Business Times) - THE Government will implement measures to reduce supply and increase the usage of palm oil in order to maintain the crude palm oil (CPO) prices at around RM2,000-RM2,600 per tonne.
06-11-2008
American Palm Oil Council Applauds Tri-Rail\'s Switch to Biodiesel Fuel
05/11/2008 (Market Watch), Los Angeles - South Florida adoption of palm oil blend shows support for the palm oil industry