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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
India Could Burn Fingers With Aid To Domestic Palm Refiners
10/10/2011 (Daily Times) - India’s plan to hike a domestic levy on refined palm oil, designed to protect its refiners from cheaper exports by top palm oil producer Indonesia, will backfire in the absence of rival suppliers to meet the appetite of the south Asian nation.
The Beginning of The End For RSPO?
10/10/2011 (The Star) - Indonesia’s palm oil growers pulling out of the Roundtable on Sustainable Palm Oil has grave implications if Malaysia responds to unite producers.
Blue-chip Firm in The Making
10/10/2011 (The Star) - Felda Global Group has been given the green light by the Government to list its commercial unit, Felda Global Ventures Holdings Sdn Bhd, on Bursa Malaysia by the middle of next year.
Biodiesel Adjusted
10/10/2011 (Bangkok Post) - The proportion of palm-derived biofuel in biodiesel is being increased to 5% from 4% in order to help absorb a crude palm oil surplus, the Energy Ministry said yesterday.
Exports up 11% in August, exceed economists’ forecast
10/10/2011 (The Star) - Malaysia's total exports for August registered a growth of 10.9% year-on-year to RM58.56bil, which is higher than the median 7.9% estimate of a Bloomberg economists' forecast.
European Biofuels Target Condemned By Leading US Scientist
10/10/2011 (The Guardian) - Union of Concerned Scientists warns that the EU view that biofuels are carbon neutral is 'not supported by the science'.
Biodiesel Industry Rejects EU Land Use Impact Study
10/10/2011 (Reuters) - Europe's biodiesel industry rejected the findings of a draft EU study showing that the cultivation of rapeseed to make road transport fuels is worse for the climate than using conventional diesel.
Nestle Plans To Invest US$200 Million in Cacao
10/10/2011 (Jakarta Post) - Swiss-based food giant Nestle SA plans to invest US$200 million in a cacao plantation in Indonesia because it believes the industry still offers promise for years to come, a businessman says.
Italy 2011 Biodiesel Output Seen Down 18 Percent: Industry
10/10/2011 (Reuters) - Biodiesel output in Italy, a major producer in the European Union, is expected to fall some 18 percent to about 600,000 tonnes this year hit by surging inflows of cheaper imports, a senior industry official said on Friday.
