|
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
Colombian Government Addresses Biodiesel\'s Greenhouse Gas Savings
18/05/2012 (Biodiesel Magazine) - The government of Colombia is touting the greenhouse gas (GHG) savings associated with its biofuel production. A notice posted to the Colombia Ministry of Mines and Energy’s website stated that biodiesel produced from the country’s palm oil, and ethanol made from its sugarcane, can achieve GHG reduction rates of 83 and 74 percent, respectively. According to information published by the ministry, these ratings could allow Colombia to become a world leader in biofuels production while meeting high environmental and social sustainability standards. It is not clear whether GHG emissions associated with indirect land use change (ILUC) were addressed in the life-cycle assessment that was performed.
Activity At Karachi and Qasim Ports
18/05/2012 (Business Recorder) - The Karachi Port handled 92,565 tonnes of cargo comprising 49,055 tonnes of import cargo and 43,510 tonnes of export cargo including 3,496 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday.
The Biofuel Greenhouse Gas Emissions Labyrinth
18/05/2012 (EnergyBoom) - As governments roll out public policy directing increased biofuel production for all sectors of the transportation industry, serious questions around environmental sustainability still remain.
East West One Consortium Launches Planter\'s Scheme
18/05/2012 (Bernama) - East West One Consortium Bhd has launched the East West One Planter's Scheme which guarantees an average annual return of between eight and 10 per cent for short term investments of six to eight years.
TDM Upbeat On Plantation Division This Year
18/05/2012 (Bernama) - State government- owned company TDM Bhd remains positive on its plantation division's performance this year despite the lower forecast for crude palm oil (CPO) production and CPO prices compared to last year, said chief executive officer Badrul Hisham Mahari.
Abosso Goldfields Limited Rewards 250 Farmers For Hard Work
18/05/2012 (GhanaWeb) - As part of efforts to encourage farmers benefiting from the “Sustainable Community Empowerment and Economic Development Programme (SEED)" on oil palm farming, Abosso Goldfields Limited (AGL)- Damang mine, has rewarded 250 farmers for their hard work.
Malaysian Palm-Oil Refiners Urge Tax Overhaul as Indonesia Gains
17/05/2012 (Bloomberg) - Malaysia, the world’s second-largest palm-oil producer, needs to reform the industry’s tax structure to counter new rates in Indonesia that improved the competitiveness of refiners there, according to a trade group.
Palm Oil Slumps Most in 14 Months in Record Volume
17/05/2012 (Bloomberg) - Palm oil slumped the most in more than 14 months as concern that Europe’s debt crisis will worsen with the possible exit of Greece from the euro zone cut demand for commodities. Volume was a record 63,019 contracts.
Crude Palm-Oil Futures Volume Reaches Record 63,019 Contracts
17/05/2012 (Bloomberg) - Crude palm-oil futures traded a record 63,019 contracts on the Malaysia Derivatives Exchange today, surpassing the previous all-time high of 48,741 contracts on Nov. 17, the bourse said.
