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Palm oil consumption forecast to increase
CPO Reference Price Falls 3.9 Percent in December 2025
Palm oil inventories to stay elevated next year
Palm Oil Extends Slide as Stronger Ringgit, Rising Stocks Pressure Prices
Gov’t to Take Over Imported Palm Oil
29/03/2011 (Addis Fortune) - The Ministry of Trade (MoT) has decided to collect all the edible palm oil from importers who ordered supplies from abroad at higher prices due to the international price increment, during a closed meeting with importers on Friday, March 25, 2011.
Gov’t To Take Over Imported Palm Oil
Caricoto Farm Produces 1,000 Litres of Palm Oil Monthly
29/03/2011 (Angola Press) - Caricoto farm, located seven kilometres off headquarters of Golungo-Alto district, Kwanza Norte province, is engaged in the increase of oil palm production, after reaching a production of 3,000 litres from January to March of this year.
Sime Darby Aims to Intensify R&D Efforts
29/03/2011 (The Star) - Sime Darby Plantation Sdn Bhd, a unit of conglomerate Sime Darby Bhd, will further intensify its focus on research and development (R&D) to ensure its future competitiveness as one of the largest palm oil producers in the world.
Sarawak Government Committed to Sustainable Development of Palm Oil Plantations
24/03/2011 (PR Newswire) - The State Government of Sarawak's Agricultural Policy prioritises sustainable management of biodiversity as part of its strategy for the growth of palm oil plantation. Sarawak has a total land mass of 12.4 million hectares, of which 70% is under forest cover and 14% is secondary forest. 13% of the land is used for agriculture and the remaining 3% compromise settlements and water bodies. Currently the state has allocated 700,000 hectares of peatlands for palm oil cultivation or approximately 6% of the state's total land area. Palm oil cultivation accommodates 39% of peatland and 3% of non-peat hillforests; in all, agriculture takes up 43% of Sarawak's total peatlands and 8% of non-peat forests.
Local Bourse Ends Lower on Monday
29/03/2011 (The Star) - The FBM KLCI ended the day lower by 1.30 points, or 0.09% at 1,514.25 on Monday, in line with the decline seen among key regional peers.
Indonesia Stocks: Ciputra Development, Garuda, Multistrada Arah
29/03/2011 (Bloomberg) : Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses, and prices are as of the 4 p.m. Jakarta-time close.
Tropical Products: Demand Threatens Biodiversity
29/03/2011 (Radio Netherlands Worldwide) - All the Dutch farmland put together – almost 2.3 million hectares - or football fields if you prefer – would only just be enough to satisfy the country’s huge demand for tropical products. Luckily for the Dutch, products such as tropical wood, palm oil, and soya aren’t grown in the Netherlands – because their production is having a negative impact on local populations and biodiversity in places like Brazil, Indonesia, and Malaysia.
