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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
CPO Futures to See Mixed Trading
21/03/2011 (Business Times) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to trade mixed next week as market players are expected to remain cautious following uncertainties in the global market.
EU Not Supporting NGOs Against Palm Oil
21/03/2011 (Business Times) - The European Union is not using environmental non-government organisations as a "fifth column" to help it achieve its Renewable Energy Directive (RED) which places palm oil for biofuel at a disadvantage, says Trade Commissioner Karel de Gucht.
Indonesia and Pakistan Sign Agricultural MoU
21/03/2010 (Fresh Fruit Portal) - Indonesian and Pakistani agricultural universities have sought to benefit from the countries’ combined consumer market of 400 million people, by signing a Memorandum of Understanding (MoU), reported the Associated Press of Pakistan.
New Supplies Force Down Palm Oil Price
18/03/2011 (Bangkok Post) - The Commerce Ministry aims to cut the capped palm oil price by 5 baht from 47 to 42 baht for a one-litre bottle following a drop in the price of the raw material after an increase in the supply of fresh palm nuts.
P2.2-billion Smuggling Case Filed Against Palm oil Importer
18/03/2011 (Philippine Daily Inquirer) - A major importer of palm oil was slapped with a P2.2-billion smuggling suit that the Bureau of Customs filed Thursday in the justice department.
Palm Oil Goes Green
18/03/2011 (Baking Management) - Does the 2010 Dietary Guideline for Americans (DGA) policy on saturated fat affect the usage of palm oil in the US? In the past, the recommendations of the DGA have consistently encouraged Americans to reduce their intake of saturated fat at all costs. As a result, fats and oils that are considered ‘high’ in saturated fat, including palm oil, have been singled out as bad and should not be used in food. However the 2010 DGA has made a significant change in their recommendations. Reduction of saturated fat will only provide a health benefit if it is substituted by unsaturated fat. In fact replacing saturated fat with added sugar could actually increase risk of heart disease. Taking trans fat into account, saturated fat is quickly falling in the ranking of undesirable food ingredients. The 2010 DGA set the maximum recommended intake level for saturates at 10% of the diet, and indicated that the present intake level is 11%, already almost at the target level. Clearly saturated fat is no longer a major threat to public health.
Palmolein Oil Fall on Global Cues
18/03/2011 (Business Standard) - Palmolein oil prices fell by Rs 20 per quintal in thin trade in the oils and oilseeds market today, largely due to a weakening trend in overseas markets.
Mission NewEnergy and Felda Collaborate For ISCC Certified Biodiesel
18/03/2011 (Biofuels International) - Renewable energy firm Mission NewEnergy and palm oil producer Felda Global Group have entered into a long-term supply agreement to establish the first fully integrated ISCC (International Sustainability and Carbon Certification System) certified palm biodiesel supply and production chain in Asia.
Palm Oil Drops to Three-Month Low on Weak Demand, Supply Surge
17/03/2011 (Bloomberg) - Palm oil declined to the lowest level in more than three months on concern that global supply will increase and demand for commodities may weaken as Japan’s strongest temblor on record slows global economic recovery.
