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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
Thailand to increase palm oil use in biofuel
30/08/2010 (Commodity Online), Bangkok - Anticipating excessive palm oil production this year, Thailand is considering increasing palm oil use in fuel.
IOI to ride on China\'s palm oil demand
30/08/2010 (My Palm Oil) - China is one of IOI Corp Bhd's top five palm oil markets and executive chairman Tan Sri Lee Shin Cheng sees stronger demand in the years ahead.
Green group slams Cargill over SMART palm oil
27/08/2010 (Reuters) - Environmentalists on Friday criticized a decision by agribusiness giant Cargill Inc to continue buying palm oil from Indonesian firm PT Smart Tbk after SMART received a mixed score in a green audit.
IPPA Report Frames African Case for Palm Oil, Urges Renewed World Bank Focus on Poverty Reduction
26/08/2010 (African Liberty.org), Lagos, Nigeria - In response to the World Bank Group Palm Oil stakeholder consultation, the Nigeria-based think-tank, Initiative for Public Policy Analysis (IPPA), has outlined the indispensable role that palm oil production plays in achieving economic growth and opportunity for African nations such as Nigeria and Ghana - particularly for the rural poor - in a report released today.
Palm oil exports lower in August 1 to 25 period
25/08/2010 (The Star Online), Petaling Jaya - Cargo surveyor Intertek said Wednesday that the country’s palm oil exports dropped 7.6% to 992,319 tonnes in the August 1 to 25 period compared to the same period in July.
EPA approves canola biodiesel pathway
25/08/2010 (Biodiesel Magazine) - The wait for canola oil as a U.S. EPA-approved biofuel pathway is over. Five months after releasing the final rule for the revised renewable fuel standard (RFS2), the EPA released a Notice of Data Availability, stating that the canola oil biodiesel pathway creates a 50 percent reduction in greenhouse gas emissions compared to the diesel fuel baseline. Using the same RFS2 lifecycle analysis modeling for other biofuels already approved, the EPA also compared canola oil conversion efficiencies to biodiesel produced from soybean oil. Not surprisingly, the final analysis shows one pound of canola produces 0.40 pounds of oil compared to soybean’s 0.18 pounds of oil.
Minister of Agriculture visits GOPDC
24/08/2010 (Ghana Web) - The Minister of Food and Agriculture, Mr Kwesi Ahwoi, on Tuesday visited the Ghana Oil Palm Development Company, (GOPDC), at Kwae in the Kwaebibirem District to acquaint himself with its operations.
Nigeria aims for new direction on palm oil policy
24/08/2010 (Biofuels Digest) - In Nigeria, the Initiative for Public Policy Analysis has released “Palm Oil and Economic Development in Nigeria and Ghana; Recommendations for the World Bank’s 2010 Palm Oil Strategy,†in which highlights the importance for the World Bank to stay focused on its original mission of poverty reduction through economic development.
Soyoil drops on surplus supply, weak palm
24/08/2010 (The Economic Times), Mumbai - Indian soyoil futures fell over 1 percent on Tuesday afternoon tracking weakness in palm oil and as higher supplies from imports and domestic crushing surpassed festive demand, analysts said. Soybean and rapeseed were hammered by an expansion in acreage under summer-sown oilseeds and good rains in growing areas.
