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CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm oil consumption forecast to increase
ASEAN, India sign long-awaited free-trade agreement
13/08/2009 (MCOT.Net), Bangkok - The Association of Southeast Asian Nations (ASEAN) and India have signed a long-awaited free trade agreement (FTA) which would take effect next year and increase trade between ASEAN and India to US$60 billion within seven years, according to Thai Commerce Minister Pornthiva Nakasai.
COFCO to build soybean processing plant in Guangxi
19/08/2009 (China Knowledge) - China National Cereals, Oils&Foodstuffs Corp, the country's largest edible oil and food producer, is planning to set up a soybean-processing plant with an annual capacity of 1.2 million tons in Beibu Gulf Economic Zone in Qinzhou, Guangxi Zhuang Autonomous Region.
COFCO setting up soybean processing plant in Guangxi
19/08/2009 (CCTV.com) - China National Cereals, Oils & Foodstuffs Corporation (COFCO), the country's largest oil and food producer, is planning to build a soybean-processing plant in South China's Guangxi Zhuang autonomous region with a capacity of 1.2 million tons a year.
Protests Push Cadbury to Drop Palm Oil from Milk Chocolate
18/08/2009 (Environmental Leader) - Due to widespread consumer protests, Cadbury New Zealand will eliminate palm oil from its dairy milk chocolate products, reports the New Zealand Herald.
PALM OIL A CROP WITH A HEAVY COST
18/08/2009 (Commercial Pressure on Land) - CADBURY'S use of palm oil is only the tip of the iceberg in the product's use in New Zealand - it is reported to be used in as many as one in 10 products on our supermarket shelves.
Agriterra Ltd Seeks to Acquire West African Palm Oil Company
18/08/2009 (Agriterra Ltd) - Agriterra Ltd, the AIM listed company focussed on the agricultural sector in central and southern Africa, announces that it has signed a Memorandum of Understanding to acquire, in principle, Equatorial Biofuels (Guernsey) Limited ('EBF'), the palm oil developer, from Equatorial Palm Oil Plc ('EPO').
Oil Giants Destroy Rainforests to Create Palm Oil Biodiesel
17/08/2009 (Energy Boom.com) - For every step forward the biofuel industry seems to make, they take at least three back.
Cadbury’s Sustainability Statement on Palm Oil
17/08/2009 (World is Green.com) - The palm oil Cadbury uses in Australia and New Zealand comes primarily from Malaysia and is not sourced from Sumatra, Borneo or any of the regions where the Orangutan is under threat. Cadbury also has a long and proud record on the environment. Our ‘Purple Goes Green’ initiative has been widely recognized with Cadbury winning independent recognition on everything from packaging reduction, water reduction and sustainable agriculture. Furthermore, as a business we have a target to reduce our carbon footprint by 50% by 2020 – a commitment that goes far beyond what most Governments are requiring, and a commitment that we are currently on target to meet.
Cadbury takes palm oil out
17/08/2009 (Borneo Orangutan Survival (Australia)) - Consumers secured an important victory today with Cadbury reversing its previous decision to put palm oil in its dairy milk chocolate. This will include all dairy milk chocolate made in Australia and New Zealand.
