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CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
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
Are Collectors Key to Saving Giant Butterfly?
15/10/2012 (ABC News) - Papua New Guinea is home to the world\'s largest butterfly, but oil palm plantations are threatening the rare species\' habitat. Conservationists and local residents alike would like to save the species by lifting a ban on trade in the butterfly and selling it for thousands of dollars to collectors.
Select Edible Oils Up on Millers Buying, Global Cues
15/10/2012 (Indian Express) - Select edible oils recovered on the wholesale oils and oilseeds market during the past week on fresh buying by vanaspati millers to meet the ensuing festivals and marriage season demand against restricted arrivals.
Activity at Karachi and Qasim Ports
15/10/2012 (Business Recorder) -The Karachi Port handled 154,739 tonnes of cargo comprising 120,200 tonnes of import cargo and 34,539 tonnes of export cargo including 5,735 loaded & empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 120,200 tonnes comprised 37,797 tonnes of containerised cargo; 8,878 tonnes of general cargo; 24,081 tonnes of bulk cargo and 49,444 tonnes of oil/liquid cargo.
Weekend’s Fall Could Put Commodities Under Pressure
15/10/2012 (Hindu Business Line) - Commodities are seen under pressure after an across-the-board fall on Friday in the global market. The weakening of the dollar, too, could add to the bearish sentiment.
Malaysia to Reduce Tax on Palm-Oil Exports; Futures Decline
13/10/2012 (Bloomberg) - Malaysia, the world’s second-biggest palm-oil producer, will reduce the export duty on the crude variety and abolish a duty-free shipment quota from Jan. 1, according to the government. Futures dropped.
Palm Oil Production Creates High GHG Emissions
13/10/2012 (Domestic Fuel) - The United States Environmental Protection Agency (EPA) is currently reviewing whether to allow biofuels produced from palm oil as an allowable renewable fuel under the Renewable Fuel Standard (RFS2). The palm oil industry and the Indonesian and Malaysian governments are applying pressure to the EPA to reverse its finding that the greenhouse gas emissions resulting from palm oil production are too high to quality as a biofuel under RFS2.
World’s Largest Producer Of Crude Palm Oil Eyes Mindanao Investments
13/10/2012 (Manila Bulletin) - Malaysia's Felda Global Venture (FGV), the world's largest producer of crude palm oil, has expressed interest to infuse huge investments in Mindanao after Manila and the Moro Islamic Liberation Front (MILF) agreed on a peace deal it viewed as “potentially opening up tracts of farm land."
B10 Biofuel Programme to Help Reduce Inventory
13/10/2012 (The Star) - The revival of the country’s once stagnant biodiesel industry is expected to stay intact with the latest measure to implement the B10 biofuel programme that will see the current high domestic palm oil stocks being channelled as feedstock to biodiesel producers as part of the Government’s effort to stabilise the current downtrend in CPO prices.
Myanmar Says Overseas Investment Welcome in Rubber, Palm Oil sectors
13/10/2012 (China Post) - Myanmar\'s reformist government on Thursday invited foreign investment in its agricultural sector as part of efforts to revive its struggling economy.
