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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
Palm Oil Hits New Seven-Month Low As Inventories Grow
27/06/2011 (Economic Times) - Malaysian palm oil dropped to a seven-month low on Friday as expectations that a higher output cycle will lift stocks offset broad gains in agriculture markets.
Senate Passes Palm Oil Labelling Bill
27/06/2011 (International Business Times) - The Senate has passed an amendment to the Food Act requiring that products containing palm oil be explicitly labelled, rather than described as 'vegetable oil'.
More Than 1000 New Species Found In New Guinea
27/06/2011 (WWF) - Port Moresby, Papua New Guinea - A remarkable 1,060 new species have been discovered the island of New Guinea from 1998 to 2008, but poorly planned and unsustainable development - particularly from logging and forest conversion to agriculture - is putting many of these unique creatures at risk, a new WWF study finds.
Govt To Revise CPO Export Duty Rule
27/06/2011 (Jakarta Post) - The government will likely change the regulation that sets the crude palm oil export tax amid growing protests from producers, a senior trade official said in Jakarta on Friday.
MPOB Holds Commercialisation Record Of 30 Percent
24/06/2011 (Bernama) - Malaysian Palm Oil Board (MPOB) holds an impressive commercialisation record of 30.1 per cent, or 143 technologies, with an estimated RM2.05 billion in market value of the products.
Indonesia May Cap Palm Oil Export Tax At 20 Pct-Official
24/06/2011 (Reuters) - Indonesia, the world's top palm oil producer, may cap its maximum edible oil export tax at 20 percent instead of 25 percent, an official at the industry ministry said on Thursday.
Palm Oil Farmers Get VAT Relief
24/06/2011 (IBNLive) - The state government is contemplating to stop collecting VAT (value added tax) from palm oil farmers to encourage cultivation of palm oil farms in the state. Further, chief minister N Kiran Kumar Reddy wrote a letter to Union minister for agriculture Sharad Pawar requesting him to provide more funds for palm oil cultivation keeping in view the demand for palm oil which is being imported.
Room To Economically Exploit Biomass Supply
24/06/2011 (Bernama) - With an abundant supply of biomass, there is still room for the industry to economically exploit it further to harness for biocomposite products, biofuel and bioenergy.
Malaysia\'s growth to accelerate again in second half of 2011
24/06/2011 (Business Times) - Growth is expected to accelerate again in the second half for Malaysia, on the back of a pick-up in global momentum, says Credit Suisse.
