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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
Netherlands and Indonesia Sign up to Sustainable Trade
13/07/2011 (NIS News Bulletin) - The Netherlands and Indonesia are going to work together for the next five years to enhance sustainable production and trade of goods like cocoa, coffee, tea, spices, palm oil, timber and fish.
Cargill adopts \'greener\' palm oil policy
13/07/2011 (Mongabay.com) - Agribusiness giant Cargill will ensure all palm oil supplied to customers in Europe, United States, Canada, Australia and New Zealand is certified under the Roundtable on Sustainable Palm Oil (RSPO), an environmental standard, or originated from smallholder growers by 2015, according to a statement issued by the company. Cargill says it will extend the commitment to 100 percent of its products and customers globally – including China and India, the largest consumers of palm oil – by 2020.
CPO Price On Downtrend
13/07/2011 (The Star) - The downward pressure on crude palm oil (CPO) prices continued yesterday amid rising production and an 18-month-high inventory. This has also triggered market talk that the commodity may slip to below RM3,000 per tonne this week.
Palm Oil Prices May Fall Below RM3,000
13/07/2011 (Business Times) - Malaysian palm oil prices may fall below RM3,000 per metric ton this month as consumers may defer purchases in anticipation of lower selling prices, according to CIMB Investment Bank Bhd in a report today.
Bio fuel production is being encouraged in industrial sector
13/07/2011 (Pattaya Mail) - The office of Energy Policy and Planning Office (EPPO), Ministry of Energy, is pressing the industrial sector to adopt a better waste management plan by developing a bio-fuel system.
Smallholders Play Crucial Role In Malaysia\'s Palm Oil Industry
12/07/2011 (Bernama) - The smallholder sector which makes up 40 per cent of oil palm planted areas in Malaysia, is among crucial components in the country's palm oil industry.
Indonesia eyes role in Myanmar
12/07/2011 (Myanmar Times) - Indonesia is seeking to expand trade with Myanmar, said Mr Edy Putra Irawady, Deputy Minister for Industry and Trade Affairs.
Malaysia Palm Oil Inventories Reach 18-Month High
12/07/2011 (Gulf News) - Palm oil stockpiles in Malaysia, the second-biggest grower, climbed to the highest level in 18 months in June as production expanded, even as exports reached near-record highs.
RI Still Relies on Palm Oil, Textiles for Future Growth
11/07/2011 (Jakarta Post) - Indonesia will continue to rely on major commodities such as palm oil, rubber as well textile and electronics products as the main drivers of the country’s future non-oil and gas exports, a senior Industry Ministry official says.
