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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
Indonesia’s PT Kharisma Sells 3,000 Tons of Palm Oil
02/12/2011 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,000 metric tons of the 21,200 tons of the commodity it offered at an auction in Jakarta today.
ICDX To Launch Palm Oil Contracts
02/12/2011 (Commodities Now Online) - The Indonesia Commodity and Derivatives Exchange (ICDX) has succesfully obtained approval to launch a Refined Bleached Deodorized Palm Olein (RBDP Olein) Futures Contract from the Commodity Futures Trading Regulatory Agency (COFTRA).
Shipping Activity at Port Qasim
02/12/2011 (APP): Shipping activity remained active at the Port where three ships carrying containers and Edible oil were allotted berths at Qasim International container Terminal and Liquid Cargo Terminal respectively on Wednesday, 30th Nov. Meanwhile six more ships scheduled to load/offload Containers, Rice and palm oil also arrived at outer anchorage of Port Qasim during last 24 hours .
Ministry To Probe 49 ‘Black’ Firms
02/12/2011 (Jakarta Post) - The Environment Ministry has classified 49 companies as “black†for operations that neglect environmentally friendly standards.
Indonesian Ministry of Forestry Partners with Private Sector to Support Orangutan Foundation International
02/12/2011 (National Post) - The Indonesian Ministry of Forestry, with the support of PT SMART Tbk (SMART) and Asia Pulp & Paper Group (APP), announced a landmark partnership with Orangutan Foundation International(OFI) to create a two-year conservation programme geared towards the protection of orangutans, one of the more endangered animal species in the world.
Norway Accused Of Hypocrisy Over Indonesian Deforestation Funding
02/12/2011 (The Guardian) - Norway has been accused of climate hypocrisy in Indonesia, where it has won plaudits for financing forest protection even as its state pension fund allegedly secures even greater revenues from logging, plantations, mining and other environmentally destructive practices.
VEGOILS-Palm oil drops to near three-week low on euro zone concerns
01/12/2011 (Reuters) - Malaysian palm oil futures fell on Wednesday as euro zone caution and thin trading volumes overshadowed prospects of lower production aggravated by erratic weather.
Sarawak Oil Palms Posts Outstanding 9M Results
01/12/2011 (Borneo Post) - Sarawak Oil Palms Bhd (Sarawak Oil Palms) nine months financial year 2011 earnings of RM199.7 million came in ahead of expectations, placing the company on track to form its best production year ever.
Will Sustainable Palm Oil Transform The Market?
01/12/2011 (CSR Asia) - The ambition of the Roundtable on Sustainable Palm Oil (RSPO) was always to bring sustainable practices to the mainstream.
