|
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
EU demand scant for non-rain forest palm oil
09/12/2009 (International Business Times), Hamburg - Europe's food industry is proving slow to buy palm oil certified under a new scheme as produced without destroying tropical rain forests, the head of Germany's edible oil industry association OVID said on Wednesday.
Unimills wary of vegetable oil\'s new volatility
09/12/2009 (Forbes), Amsterdam - Dutch vegetable oil processor Unimills, owned by Malaysia's Sime Darby, sees volatility in edible oil prices as one of its main concerns in future, its managing director said on Wednesday.
Shortages, increasing demand set to boost CPO prices in 2010
09/12/2009 (The Jakarta Post) - The recent Indonesian Palm Oil Conference and Price Outlook (IPOC) forecasted a potential shortage of CPO in 2010, on the back of rising demand and limited growth of supply, caused mainly by the commencement of a low cycle, the El Ni*o effect and the replanting program in Malaysia.
FINLAND: Biodiesel Breakthrough or Environmental Nightmare?
09/12/2009 (IPS News), HELSINKI - As Finnish energy major Neste Oil scales up production of its ‘green’ diesel NExBTL, environmental activists fear that more land will go under palm oil plantations at the expense of Southeast Asia’s threatened rainforests.
Malaysia-Indonesia should speak in one voice in defending anti-palm oil campaign
09/12/2009 (Antara News), Kuala Lumpur - Malaysia should not be alone in battling the anti-palm oil smear campaign, mounted by European activists and non-government organisations (NGOs), former Malaysian prime minister Dr Mahathir Mohamad said Tuesday.
Cooking oil tin, 16kg ghee price up by Rs60
08/12/2009 (Dawn.com) - KARACHI: The rising palm oil prices in the world markets have further pushed up the rate of 16kg ghee and cooking oil tins to Rs1,780 from Rs1,720 on Dec 1, compared to Rs1,680 on Nov 1, in Karachi.
Plantation Stocks Drag Share Prices Lower
08/12/2009 (Bernama), Kuala Lumpur - Shares on Bursa Malaysia closed lower on Tuesday led by plantation stocks which dipped on weak crude palm oil prices, a dealer said.
Vegetable Oil Imports by India to Reach Record on Tax
08/12/2009 (Bloomberg) - Vegetable oil purchases by India, the world’s biggest consumer after China, will reach a record this year as an import tax waiver pares costs and stokes demand in Asia’s third-largest economy.
Indonesia\'s Palm oil economy drives human fortunes--And orangutan misfortunes
07/12/2009 (Scientific American) - The net worth of Indonesia's 40 richest men has doubled to $42 billion in the past year, driven in no small part by the growing demand for palm oil, according to Forbes magazine's annual examination of the country's top richest people.
