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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
Palm Oil Production May Recover Next Year on La Nina, OSK Says
17/06/2010 (Bloomberg) — Palm oil production in Indonesia and Malaysia may increase next year as the La Nina weather pattern, which brings wetter-than-usual weather, boosts productivity, potentially hurting prices, according to OSK Investment Bank Bhd.
Far From Gulf, a Spill Scourge 5 Decades Old
16/06/2010 (The New York Times), Bodo, Nigeria - Big oil spills are no longer news in this vast, tropical land. The Niger Delta, where the wealth underground is out of all proportion with the poverty on the surface, has endured the equivalent of the Exxon Valdez spill every year for 50 years by some estimates. The oil pours out nearly every week, and some swamps are long since lifeless.
UK productions of rapeseed to be boosted by sustainable palm oil for bakers
16/06/2010 (Guttridge) - A sustainable variation of palm oil that has been created for British bakers could lead increased business for rapeseed oil producers.
Hawaii PUC Approves Biofuel Testing at Kahe Plant
16/06/2010 (Renewable Energy), Honolulu, United States - The Hawaii Public Utilities Commission (PUC) has approved Hawaiian Electric Company's plan to test biofuel blends in a 90-megawatt (MW) steam turbine generating unit at Kahe Power Plant that presently runs on low sulfur fuel oil (LSFO).
Palm Oil Has Best Gain in More Than Three Weeks on Crude Rally
16/06/2010 (Bloomberg) - Palm oil had the best advance in more than three weeks as crude oil extended a rally in Asian trading, lifting the appeal of the vegetable oil as a source of alternative fuel.
Malaysia Palm Oil Exports Gain in June, Intertek Says
15/06/2010 (Bloomberg) - Palm oil exports from Malaysia, the world’s second-largest producer, climbed 1 percent in the first 15 days of June, led by Chinese orders, according to market surveyor Intertek.
Palm oil chief helms at Sime Darby
15/06/2010 (Up Stream Online) - An ex-executive with Malaysian homegrown palm oil giant, Felda, Mohamad Bakke Salleh, has been brought in to head up state-owned Sime Darby as a legal probe is underway on the massive losses incurred by the conglomerate’s energy division
UK-based AAK introduces sustainable palm oil for bakers
15/06/2010 (FnB News) - UK-based AAK, part of AarhusKarlshamn group and supplier of edible oils and fats, has introduced a new product to help commercial bakers meet consumer demand for sustainable palm oil in their food.
CEO appointment top priority to Sime
15/06/2010 (The Star Online) - AT a glimpse, Sime Darby Bhd and Felda Group can be best described as the two most successful and largest oil palm plantation entities owned by the Government that have strong reputations, given their diversified empire both locally and abroad.
