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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
Felda Lauded For Green Initiative
17/02/2010 (Bernama), Kuala Lumpur - Felda, the biggest palm oil-based company in the world, is heading in the right direction towards a greener environment with its initiative to convert methane gas into electricity.
Pangestu Says Palm Oil May Stabilize Around $700-$750
17/02/2010 (Bloomberg) - Palm oil prices may stabilize between $700 and $750 a metric ton this year as China and India buy more of the commodity, Indonesian Trade Minister Mari Pangestu said.
Ukraine will increase its palm oil import in the 2009/10 season
17/02/2010 (Black Sea grain.net) - Ukraine will increase its palm oil import in the 2009/10 season due to strong export of sunoil. Since the beginning of season 2009/10 (September/January), Ukraine imported about 167 KMT of palm oil or by 23% more than some period last year (136KMT). Total 2008/09 season Ukraine imported 252 KMT of palmoil.
New area to be available for oil palm plantations
17/02/2010 (The Jakarta Post) - The Agriculture Ministry plans to use 1.8 million hectares of land designated as industrial forests (HTI) as oil palm plantations, pending the issuance of a regulation.
Cooking oil subsidy should only be for the needy
16/02/2010 (The Star Online) - FEW realised that palm-based cooking oil, or its export name RBD palm olein, is heavily subsidised by the Government, except when there is a festive season approaching for fear of shortages in the subsidised cooking oil due to hoarding.
Strike affects palm oil production .
16/02/2010 (Solomon Star News) - THE industrial strike action by workers of the Guadalcanal Plain Palm Oil (GPPOL) late last year had affected palm oil production for the month of December.
REDD won’t save forests from palm oil: Study
16/02/2009 (Carbon Positive) - Using carbon markets to prevent deforestation in developing countries is unlikely to provide a high enough economic incentive to save tropical forests, a study has found. The European Commission’s Science for Environment Policy unit quotes a study published in the journal Environmental Science and Technology, which compares the returns from clearing tropical forest for palm oil plantations with the likely carbon costs if such emissions were priced.
Indonesia May Open More Forests to Palm Oil
15/02/2010 (Jakarta Globe) - As Indonesia looks for ways to meet its ambitious emissions-reduction targets, the Ministry of Forestry on Monday said it plans to issue a new regulation that would allow commercial forestry companies to plant crops such as palm oil in new concession areas.
Vegetable Oil Imports by India Rise as Output Drops
15/02/2010 (Bloomberg) - Vegetable oil imports by India, the biggest user after China, climbed 10 percent in the three months ended January after a drought reduced cooking oil production and lower prices fueled demand.
