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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
Palm oil seeds to be imported from Indonesia
22/08/2010 (The Island) - Minister of Plantations, Mahinda Samarasinghe vowed to assist in the development of the plantations sector by providing beneficial policies. He urged the planters to play fair and assist in the country’s efforts to realise a strong economic growth.
Palm Oil Set for Biggest Weekly Loss in 10 Months on Soybeans
20/08/2010 (Bloomberg) - Palm oil futures had their biggest weekly decline in more than 10 months after rival soybean oil tumbled on expectation of a bigger U.S. crop and Asian importers slowed purchases.
Indonesia palm oil giant defends record
20/08/2010 (AFP) - Indonesia's biggest palm oil producer Friday rejected fresh allegations of illegal forest clearing after foreign auditors suggested it had misrepresented the findings of an independent investigation.
Forum for palm oil producers held at Kwae
19/08/2010 (Ghana News Agency) - Small-scale oil palm growers and other stakeholders in the Eastern and Ashanti Regions on Thursday met at the Ghana Oil Palm Development Company (GOPDC) at Kwae, to deliberate on sustainable practices in small-scale palm oil production.
Cargill Smallholder Scheme Receives RSPO Sustainability Certification
19/08/2010 (PRNewswire), Jakarta - Smallholders at Cargill's oil palm plantation, PT. Hindoli in South Sumatra, Indonesia, have received Roundtable on Sustainable Palm Oil (RSPO) certification. This is the world's first smallholder scheme to become certified under the RSPO's Smallholder Principles & Criteria and is also another important milestone in Cargill's commitment to producing palm oil in an environmentally sustainable and socially responsible manner.
Liberia signs $1.6 bln palm oil investment - govt
18/08/2010 (Reuters) - Liberia's government has signed a $1.6 billion deal with Golden Veroleum for a 500-acre palm oil plantation in the southeast of the West African nation, a spokesman said on Wednesday.
Greenpeace deforestation accusations refuted by Indonesia palm oil producer
18/08/2010 (Procurement Leaders News) - The Indonesia-based palm oil production company that has recently come under fire from Greenpeace for allegedly engaging in destruction of protected rainforests on Borneo has claimed that it has been cleared of wrongdoing.
Asian interest boosts Liberia palm oil hopes
17/08/2010 (Farm Lang Gran.org) - War-ravaged Liberia’s hopes of developing a significant palm oil industry were boosted on Tuesday as one of the world’s biggest producers said it was close to investing in a huge plantation project.
Singaporean investment: Greasing the wheels of Ivory Coast’s palm oil industry
16/08/2010 (Consultancy African.com) - Over the past two decades, improved consumer awareness and information, as well as climate change challenges have led to the increased popularity of palm oil, both as a favoured source of vegetable oil in foods and as a raw material for biofuel. Consequently, palm oil production has increased exponentially, with output having exploded from a few thousand tonnes during the 1980s to over 40,000 tonnes annually in Asia in 2009.(2) This growth trend is expected to continue, with analysts predicting palm oil to become the most internationally traded edible oil by 2012 - particularly considering China and India’s growing affluence and thus increased demand, as well as European states’ investments in palm oil as an ingredient in the subsidised bio-diesel mix. Today, Indonesia is the world’s primary producer of palm oil, supplying 44% of global demand.(3)
