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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
CPO futures end mostly higher on soybean oil gains
How Green is Your Palm Oil?
05/10/2010 (Mother Earth News) - Used in everything from cookies to lipstick, palm oil is a common ingredient in many everyday items. Its use has doubled in the United States over the past four years—mostly because its lack of trans fats makes it easier to label processed foods as “healthy.†Unfortunately its popularity has lead to extensive destruction of tropical forests, which are being cleared to make way for oil palm trees.
RM5 Million Allocation By Government For B5 Bleding Facilities
04/10/2010 (Bernama), Kuala Lumpur - The Government has allocated RM5 million to five petroleum companies to set up blending facilities and infrastructure to support the implementation of B5 biodiesel usage.
Minister takes anti-palm oil activists to task
04/10/2010 (The Star Online), Kuala Lumpur - Plantation Industries and Commodities Minister Tan Sri Bernard Dompok has slammed non-governmental organisations (NGOs) and environmentalists for blindly alleging that the palm oil industry was responsible for the destruction of rainforests and orang utan habitats.
Coconut oil on boil as weather hits production in Philippines
04/10/2010 (The Financial Express), Kochi - Coconut oil prices are rallying in the domestic market mostly on global cues where prices of lauric oil, which comprises of coconut and palm kernel oil are moving up surpassing the rise seen in other edible oils.
Edible oils drop on sluggish demand from vanaspati mills
02/10/2010 (Business Standard) - Edible oils led by groundnut oil fell on the wholesale oils and oilseeds market during the past week on stockists selling owing to slackness in demand at higher levels.
LandBank releases P50B to boost agri productivity
04/10/2010 (GMA News) - Land Bank of the Philippines said Monday it is making available some P50 billion to boost the country’s agricultural productivity under the government’s Food Supply Chain program.
Australia may require labeling of products containing palm oil
01/10/2010 (Mongabay.com) - An Australian senator introduced a legislation that would require manufacturers to specify whether palm oil has been used in their food products, reports the Australian Associated Press. Presently food labeling laws in Australia allow companies to list palm oil as "vegetable oil" on packaging even though it comes from a palm tree.
Crude palm oil futures down on profit-booking
01/10/2010 (The Economic Times) - Crude palm oil prices declined by Rs 4.40 to Rs 408.80 per 10 kg in futures trade today, as traders booked profits, driven by a weak trend in the spot markets.
Soy oil zooms on short positions
01/10/2010 (Commodity Online) - The refined soy oil futures recovered from recent losses on Thursday as investors covered their short positions.
