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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Greenpeace and RSPO Clash Over Forest Fires
05/09/2013 (FoodNavigator.com) - Food companies that only use certified sustainable palm oil have been accused of “certifying destructionâ€, according to a Greenpeace report released to coincide with the first European Roundtable on Sustainable Palm Oil (RSPO) summit in Berlin this week.
Vietnam Vegetable Oil Firms Seek Tariff To Secure Market Share
05/09/2013 (Thanh Nien Daily) - With the government’s announcement of new tariffs on imported vegetable oil, Vietnamese firms will finally benefit from legislation designed to protect them against foreign competitors.
VEGOILS-Palm Oil Inches Lower as Firm Ringgit Weighs
04/09/2013 (Reuters) - Malaysian palm oil futures fell on Tuesday as a stronger ringgit lowered the tropical oil's appeal for overseas buyers, although a firm soy market capped the losses.
Palm Oil Producers Responsible For Forest Loss In Indonesia: Greenpeace
04/09/2013 (Bernama) - International environment conservancy organisation Greenpeace has revealed palm oil producers operating in Indonesia grouped in Roundtable on Sustainable Palm Oil (RSPO) were apparently the main driver of deforestation in the country between 2009 to 2011.
Biodiesel Output Seen by Oil World Rising to 24.7 Million Tons
04/09/2013 (Bloomberg) - Global biodiesel production will advance to 24.7 million metric tons in 2013 as producers direct more soybean oil, the leading feedstock used for it, toward the fuel amid declining vegetable oil prices, Oil World said.
Malaysia Will Introduce MSPO As National Standard Next Year, Says Uggah
04/09/2013 (Bernama) - Malaysia will introduce the Malaysian Sustainable Palm Oil (MSPO) as the National Standard from next year, Plantation Industries and Commodities Minister Datuk Seri Douglas Uggah Embas said Tuesday.
Weaker Rupee has Edible Oils on the Boil
04/09/2013 (Hindu Business Line) - Edible oils witnessed a bullish trend on Tuesday following a sharp drop (more than Rs 2) in the rupee making imports costly. Local refineries have increased their rates by Rs 10 for 10 kg while in resale prices jumped by Rs 15-17 in mid-session. Increase in the tariff value of edible oils for import also fuelled the fire.
Palm Oil Declines as Ringgit, Falling Crude Oil Weaken Demand
04/09/2013 (Bloomberg) - Palm oil fell for the third time in four days as the Malaysian currency strengthened, lowering the appeal of ringgit-denominated futures, and a decline in crude oil prices dimmed prospects of the vegetable oil as biofuel.
Palm Oil Now Biggest Cause of Deforestation in Indonesia
04/09/2013 (Mongabay.com) - Conversion of forests for palm oil production now appears to be the single largest driver of deforestation in Indonesia, accounting for roughly a quarter of forest loss between 2009 and 2011, asserts a new Greenpeace report that accuses the sector\'s main certification standard of failing to stop forest destruction.
