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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Firm Undertakes Palm Oil Plantation
11/07/2011 (Manila Buletin) - Nakeen Corporation got the nod of the Board of Investments (BoI) for its P174-million project as a new domestic producer of oil palm fruits in a 600-hectare plantation in Impasugong, Bukidnon.
Europe To Require Listing Of Palm Oil on Product Labels
11/07/2011 (Mongabay.com) - Members of the European Parliament have voted in favor of listing specific vegetable oils — including palm oil — on product labels, reports the Clear Labels, Not Forests initiative which pushed for the measure.
Carrefour Adopts Sustainable Palm Oil Strategy in Indonesia
11/07/2011 (CosmeticsDesign-Europe.com) - The retail chain’s Indonesian unit has declared it will exclusively source certified sustainable palm oil and implement the RSPO trademark on products in a bid to urge consumers to choose products from a sustainable source.
Balancing Growth With Environmental Sustainability
11/07/2011 (Jakarta Post) - President Susilo Bambang Yudhoyono told CNN recently that Indonesia was committed to achieving a 26 percent reduction in CO2 emissions by 2020 while concurrently maintaining its rapid economic growth.
EU Food Labelling Rules Ready, New Round To Start
11/07/2011 (Euractiv) - After the European Parliament adopted earlier this week (6 July) new rules on food labelling, the EU executive is now set to start working on excluded dossiers, including alcohol and transfats.
Govt Studies Exports To The Netherlands
11/07/2011 (Tempo Interactive) - The government is studying exports to the Netherlands. The trade potential between both countries is predicted to be larger following the signing of an MoU.
Is Europe’s Biodiesel Industry in Jeopardy?
11/07/2011 (Domestic Fuel) - Europe’s $13 billion biodiesel industry could be in jeopardy according to an article published by Reuters that claims that the European Union (EU) plans to tackle unwanted side effects of biofuel production. The turn-about in support of biodiesel has been in part spurred by fear over climate change and several recent papers leaked from the European Commission that purport that biodiesel’s indirect impacts cancel out the majority of its benefits.
Foreign Companies Seen Targeting Australia, Seeking to Secure Food Supply
11/07/2011 (Bloomberg) - Overseas buyers may boost investment in agriculture assets in Australia, the fourth-biggest shipper of wheat, as they seek to secure supply to meet surging food demand, said Queensland Sugar Ltd. Chairman Alan Winney.
Palm Oil Advances as Crude Oil’s Gain Increases Biofuel Appeal
08/07/2011 (Bloomberg) - Palm oil advanced for the first time in three days as gains in crude oil lifted the appeal of the vegetable oil as a biofuel feedstock.
