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Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm oil consumption forecast to increase
Palm oil inventories to stay elevated next year
CPO Reference Price Falls 3.9 Percent in December 2025
India Must Restore Import Duty on Cooking Oils, Trade Group Says
23/11/2010 (Bloomberg) - India, the biggest user of cooking oils after China, should restore taxes on imports to protect local oilseed farmers from cheaper overseas purchases of edible fat, a processors’ group said.
Downstream Palm Oil Industry Needs Incentives
23/11/2010 (TEMPO Interactive), Jakarta - The Coordinating Minister of the Economy, Hatta Rajasa, said that downstream palm oil industry needs incentives because of its high export value. “People are not motivated to build the downstream industry,†said Hatta yesterday.
Palm, Soybean Oils Decline on Concern China May Reduce Imports
23/11/2010 (Bloomberg) - Palm oil declined for a second day to the lowest level in three weeks on concern that China may reduce imports as the world’s biggest consumer of cooking oils takes steps to cool food prices.
Indonesia\'s billion-dollar forest deal in danger
23/11/2010 (AFP), Jakarta - Greenpeace on Tuesday warned that a billion-dollar deal between Norway and Indonesia to cut carbon emissions from deforestation is in danger of being hijacked by timber and oil palm companies.
8,797 farmers get palm oil certificates
23/11/2010 (The Jakarta Post), Jakarta - Thousands of small-scale farmers have received sustainable palm oil certificates from the Roundtable on Sustainable Palm Oil (RSPO), showing their ability to meet international standards on sustainable palm oil, a minister says.
As Kerala food secy, CVC had given nod for palm oil import on higher prices
23/11/2010 (Times Of India), Kochi - The vigilance case against the CVC P J Thomas dates back to 1991-92 when he was secretary, food & civil supplies, Kerala government. Congress's K Karunakaran was the CM and the state government had decided to import palm oil from a Singapore firm.
VIEWPOINT: HECO continues to push palm oil importation issue
22/11/2010 (Maui News) - In early 2007, Hawaiian Electric Co. and subsidiary Maui Electric Co. announced plans by BlueEarth Biofuels to construct a mega-sized palm oil refinery on Maui, which would have been the largest in the world. Since that time, several respected Hawaii environmental and cultural groups have raised a red flag against the idea of importing Malaysian palm oil to Hawaii.
Palm Oil Slumps Most in 15 Months as China Moves to Curb Prices
22/11/2010 (Bloomberg) - Palm oil plunged the most in more than 15 months on concern that China’s plans to cool domestic prices by selling cooking-oil stockpiles will reduce demand from the world’s biggest user of the commodity.
Palm rally saves Anglo-Eastern from profits miss
18/11/2010 (AGRI MONEY) - Buoyant palm oil prices have staved off a profits miss at Anglo-Eastern Plantations, after the hangover from dry weather last year cut the productivity of its plantations.