Latest News

MARKET DEVELOPMENT
25-10-2010

Palm Oil Industry To Create RM57.6 Billion Business Opportunities

25/10/2010 (Bernama) - The Economic Transformation Programme (ETP) roadmap will see the natural growth of Malaysia's palm oil industry to capture three business opportunities worth RM57.6 billion by 2020.

MARKET DEVELOPMENT
24-10-2010

Indonesian Palm Oil Producers Cry Foul Over Bad Press, Plan PR Push

24/10/2010 (Jakarta Globe), Jakarta - Approaching the 100th anniversary of the palm oil industry in Indonesia, producers of the commodity find themselves wrestling with environmental campaigns accusing them of widespread deforestation, which has led to costly boycotts by major global buyers.

MARKET DEVELOPMENT
23-10-2010

Higher production may dampen CPO prices

23/10/2010 (The Star Online), Petaling Jaya - Factors that may curb the uptrend of crude palm oil (CPO) price in the near term could be the release of higher-than-expected October production numbers, improved soya bean planting in South America due to better weather conditions, a stronger US dollar or if China revalues its currency, said plantation analysts.

MARKET DEVELOPMENT
23-10-2010

Palm Oil May be â€œHealthyâ€ But Rainforests are Destroyed to Grow It

23/10/2010 (Green Prophet) - We may not realize it, but palm oil, made from both coconuts and palm nuts, is one of the main causes of the wholesale destruction of rainforests in many parts of the world, especially in Indonesia.

MARKET DEVELOPMENT
23-10-2010

Edible oils extend rally on seasonal demand, global trend

23/10/2010 (Business Standard) - Edible oil prices continued to rise for the third week in a row in the wholesale oils and oilseeds market, supported by rising demand from millers as well as retailers, driven by the festive and marriage season.

MARKET DEVELOPMENT
23-10-2010

RI to celebrate palm oil industry centenary

23/10/2010 (The Jakarta Post) - The Indonesian Palm Oil Producer Association (GAPKI) will celebrate the 100th anniversary of the palm oil industry in Indonesia by organizing a series of seminars, exhibitions, sports tournaments and charity events in March 2011.

MARKET DEVELOPMENT
23-10-2010

Malaysian palm oil products not affected by EU RED

23/10/2010 (The Star Online), Kuala Lumpur - The European Union Renewable Energy Directive (EU RED) and its sustainability criteria will not affect Malaysiaâ€™s palm oil exports to the EU market for consumer products like food, cosmetics and detergents, according to ambassador and head of the EU delegation to Malaysia Vincent Piket.

MARKET DEVELOPMENT
23-10-2010

Demand for carbon credits will continue

23/10/2010 (The Star Online), Kuala Lumpur - The demand for certified carbon emissions (CER) or carbon credits will continue to increase among developed nations despite the Kyoto Protocolâ€™s Clean Development Mechanism (CDM) agreement expiring by 2012.

MARKET DEVELOPMENT
22-10-2010

Malaysian Palm Oil Sector Targets Biomass

22/10/2010 (Sceptre International) - Palm-based biomass power plants in Sabah state in Malaysian Borneo, with the construction of the first plant set to begin by the middle of next year.

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