|
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 Production in Indonesia May Drop Up to 10%
12/08/2010 (Bloomberg) - Palm oil output in Indonesia, the world’s largest producer, may drop by as much as 10 percent this year after a longer-than-normal rainy season disrupted harvesting, an industry official said. Prices advanced.
Palm Oil Little Changed as Discount to Rival Soybean Narrows
11/08/2010 (Bloomberg) - Palm oil was little changed after its discount to soybean oil narrowed, increasing the appeal of the rival oil for use in food and biofuels.
Palm Oil to Drop as Maturing Trees Boost Output, Santoso Says
11/08/2010 (Bloomberg) - Palm oil will drop “significantly†in the fourth quarter as output from new trees in Indonesia, the biggest grower, surpasses estimates and buyers switch to soybean oil, DBS Vickers Securities (Singapore) Pte. said.
‘Ministry to assist Unimas treat oil palm wastes’
11/08/2010 (Borneo Post Online), Kuching - The Ministry of Energy, Green Technology and Water will help University Malaysia Sarawak (Unimas) develop state-of-the-art technology to treat oil palm wastes.
Audit finds palm oil company destoryed peatlands, but not primary forest
10/08/2010 (Mongabay.com) - An environmental audit of palm oil company, PT SMART, found that the company had not cut primary rainforest, yet had destroyed carbon-rich peatlands; however the audit analyzed only 40 percent of PT SMART's holdings and investigated none of its plantations in New Guinea. A subsidiary of agricultural giant Sinar Mas, PT SMART has been accused in a number of reports by Greenpeace of both destroying high conservation value forests and draining peatlands. Greenpeace's reports caused both food giants Unilever and Nestle to drop PT SMART as a supplier of their palm oil, while Cargill stated it would wait to hear the results of the audit. Given the audit's results, both sides are claiming victory.
Palm oil the new cure?
11/08/2010 (Asia One Health), George Town - Palm oil is set to shed its negative image as more scientific researches on the commodity revealed its potential as a cure for many illnesses.
Veg oil prices may rise if Mumbai port doesn\'t reopen soon
11/08/2010 (Business Standard) - Edible oil prices remained stable in the physical market here today, despite a steep fall in palm oil prices abroad. Traders held stocks in anticipation of a price rise, as the closure of the Mumbai port since the weekend is thought to have squeezed supply in Maharashtra and neighbouring states.
UK biodiesel power project in jeopardy over palm oil
10/08/2010 (Biofuels Digest) - In the UK, a proposed biodiesel-run power plant in Bristol is under fire because campaigners are claiming that the palm oil used to generate electricity would cause environmental damage. Planning permission was denied in February by city councilors, which has triggered a public enquiry.
Palm Oil Tumbles Most in More Three Months on Decline in Malaysian Exports
10/08/2010 (Bloomberg) - Palm oil plunged the most in more than three months after reports showed that shipments from Malaysia, the second-biggest producer, declined this month.
