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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
Project underway to boost palm oil production
01/01/2011 (IPP Media) - Kilimo Trust, an organisation dedicated to linking farmers in the East African Community (EAC) plans a palm oil production and processing project in Tanzania and Burundi to cater for local soap producers.
Alternative fuels gain momentum
01/01/2011 (Bangkok Post) - Alternative fuel development in Thailand is gathering pace in 2011, as global oil prices are still rising and the country is committed to energy saving and fossil fuel consumption reduction.
Commodities outlook bullish
01/01/2011 (The Star Online) - LOCAL commodities are set to stay bullish at least until the first half of 2011, thanks to the continued strength of major global commodities, particularly gold and crude oil, which have shown few signs of losing steam.
Malaysia December Palm Oil Exports 1.29 Mln Tons -Intertek
31/12/2010 (Dow Jones), Kuala Lumpur - Malaysia's palm oil exports in December fell 15% from a month earlier to 1.29 million metric tons, cargo surveyor Intertek Agri Services said Friday.
Oil Palm Dealers Concern Over MPOB New Rule
31/12/2010 (Bernama) - The Malaysia oil Palm Dealers association (MOPDA) has expressed concern over the move by the Malaysian Palm Oil Board (MPOB) to bar dealers from buying and selling oil palm fresh fruit bunches (FFB).
Indonesia sees palm oil output up 5.3 pct in 2011
31/12/2010 (Forex Yard) - Indonesia expects output of key plantation crops, including palm oil and rubber, to increase next year on the back of expanded acreage, improving yields and expected good weather, a senior agriculture official said on Thursday.
Indonesia picks Borneo for forest preservation plan
31/12/2010 (AFP), Jakarta – Indonesia has chosen its Borneo island to conduct a pilot project aimed at cutting greenhouse gas emissions from deforestation, as part of a deal with Norway, an official said Thursday.
Cooking oil/ghee prices shoot up Rs 20 per kg within five days
30/12/2010 (Business Recorder) - The cooking-oil/ghee manufacturers have increased the price of good quality product like Dalda, Sufi and Habib by Rs 20 per kg and normal quality by Rs 10 per kg within short span of five days, wholesale market traders revealed. Traders at Gunj Mandi Rawalpindi told Business Recorder that one month earlier 5 kg tin of better quality cooking oil was being sold at Rs 810 and 2.5 kg at Rs 420, which are at present being sold at Rs 860 and Rs 440 respectively.
Oil Palm Plantations Expand on Degraded Land in Amazon
30/12/2010 (IPS), Belem, Brazil - Brazil hopes to eventually become a major producer of palm oil, thanks to the expansion of this new exotic monoculture crop in the eastern Amazon jungle, where eucalyptus plantations are also mushrooming on broad swaths of already deforested land.