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CPO prices to consolidate at RM4,000 to RM4,300
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 Exports Rose More Than Economists Estimated in May
04/07/2012 (Bloomberg) - Malaysia’s exports rebounded, growing more than economists estimated in May after falling for two months, giving the central bank scope to keep interest rates unchanged even as Europe’s debt crisis threatens demand.
Palm Oil Gains to One-Month High on U.S. Soybean Crop Concerns
03/07/2012 (Bloomberg) - Palm oil climbed to a one-month high on concern that hot, dry weather in the U.S. may curb soybean yields, reducing global cooking-oil supplies.
VEGOILS-Palm Hits 1-Mth Top on US Weather Woes, Ramadan Demand
03/07/2012 (Reuters) - Malaysian crude palm oil futures rose to a one-month high on Monday, driven by a stronger demand outlook for palm oil as a worsening U.S. drought could further tighten global oilseed supplies.
Maxx Performance Joins GreenPalm to Promote Sustainable Harvest of Palm Oil
03/07/2012 (Virtual-Strategy Magazine) - Maxx Performance, a leading provider of microencapsulation technologies, has joined the global GreenPalm Sustainability Project to tackle the environmental and social problems created by the production of palm oil.
Asian Researchers Develop Oil Palm Waste-To-Ethanol Process
03/07/2012 (Ethanol Producer Magazine) - Researchers in Southeast Asia have identified an approach to producing ethanol using an abundant waste feedstock that could potentially add a significant source of biofuel production from oil palm plantations. Oil palm empty fruit bunch, which is basically the stem of harvested oil palm bunches, is an abundant biomass waste, with 15 million metric tons generated annually by palm oil mills in Malaysia alone. Malaysia and neighboring Indonesia produce about 90 percent of the world’s palm oil. Usually, the waste is burned or used as mulch. Using the right process, however, about half of that waste can be converted to fermentable glucose to achieve a high-yield ethanol.
RSPO Trademark Licensed in 13 Countries in One Year
03/07/2012 (Food Ingredients First) - The Roundtable on Sustainable Palm Oil (RSPO), the multi-stakeholder initiative that aims to promote the growth and use of sustainable palm oil, introduced its Trademark to the market a year ago. To date, 61 RSPO Trademark licenses across 13 countries have been issued.
Malaysia To Grab Asia IPO Top Spot With $2 Billion IHH Listing
03/07/2012 (Reuters) - Malaysia\'s prime minister will launch on Tuesday the $2 billion initial public offering of state-backed IHH Healthcare Bhd, Asia\'s largest private hospital operator, solidifying the country\'s status as Asia\'s top IPO destination this year.
Stena Bulk: Stena Weco and Golden Agri-Resources Create New Joint Venture (Press Release)
03/07/2012 (MarketWatch) - Stena Weco - the joint venture between Stena Bulk and Weco -- has formed a 50-50 joint venture with Golden Agri-Resources Ltd (GAR), the world's second largest palm oil plantation company.
Scorching The Green Cover
02/07/2012 (Hindu Business Line) - India's use of palm oil is destroying Indonesian rainforests, says a report
