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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
Construction of first palm oil mill in Pakistan begins
03/07/2009 (The International News), Thatta - Federal Minister for Food and Agriculture Nazar Mohammad Gondal on Thursday performed the ground breaking and foundation stone laying ceremony of the first palm oil mill in Pakistan.
Liberia: 150 Oil Palm Farmers Receive High-Quality Palm Seedlings
01/07/2009 (AllAfrica.Com) - The Sustainable Tree Crop Program (STCP) of the International Institute for Tropical Agriculture (IITA) has distributed 33, 000 pre-germinated high-yielding oil palm seedlings imported from Cameroon amongst 150 oil palm farmers in Bong County.
MPOB Approves RM41.974 Million For Replantation By Smallholders
07/07/2009 (Bernama) — The Malaysian Palm Oil Board (MPOB) has approved applications for a total of RM41.974 million by smallholders for replantation exercise involving 6,995ha, MPOB director-general Datuk Dr Mohd Basri Wahid said.
Harn Len to Invest RM40 Million on New Palm Oil Mills
07/07/2009 (The Star Online) - Harn Len Corp Bhd (HLCB) will invest RM40mil in its new palm oil mill located in the Masranti Estate in Samarahan, Sarawak.
As shoppers shun ‘green’ palm oil, producers may follow suit
07/07/2009 (The Malaysian Insider) – The slow uptake of pricier “green†palm oil in European supermarkets may see Asian producers focus on cheaper variants that have been sustainably sourced in the first place, a Malaysian palm industry official said on Tuesday.
Palm Futures Lower on Soft Demand Expectations
06/07/2009 (Business Times) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower yesterday on lack of interest ahead of the weekend, dealers said.
Felda Eyes Overseas Estates
06/07/2009 (Business Times) - The government-owned agency has received offers from Colombia, Brunei, Myanmar and Africa to open estates in these countries
IOI to Spend RM450 Million to Expand Fats Business
02/07/2009 (Bloomberg) - IOI Corp, Malaysia's second largest palm oil producer, will invest RM450 million (US$128 million) this fiscal year to expand its specialty fats business to take advantage of higher profit margins.
IOI Corp : Worst Over for Plantation Sector
02/07/2009 (Business Times) - IOI Corp, Malaysia’s No 2 planter, said today that the worst was over for the plantation sector as palm oil prices have recovered from last year’s slump although M&A activity would be muted.
