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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
High Palm Oil Prices Fuel Scramble for Land
02/12/2007 (New Straits Times) - A SURGE in palm oil prices has induced local plantation companies to scramble to buy up agriculture land, fearing that it might cost them too much in the future.
Palm oil falls in Malaysia after crude oil extends decline
28/11/2007 (The Economic News), Singapore - Palm oil in Malaysia, the global benchmark, fell for a third day on concern crude oil producers will increase supply, leading prices lower and reducing demand for alternative fuels.
More bad rap on Asian biofuels
28/11/2007 (Asia Times Online), Bangkok - European Union (EU) demand for Asian-produced biofuels, particularly palm oil, is coming at a high social and environmental cost, a report released on Tuesday by the United Nations Development Program (UNDP) warns.
Palm oil imports witness 13% rise
28/11/2007 (My Iris) - Palm oil imports increased by 13% to 2.766 million tons in 2006-07 from 2.449 million tons during previous year, in the wake of rising demand.
Palm oil price hits record high
27/11/2007 (Morden Ghana) - The price of palm oil hit a record high of 70,000 cedis per a gallon at the Apasare Palm Oil Cottage factory, near Adawso in the Akuapem North District at the weekend.
Palm oil seized in Kerala
27/11/2007 (The Hindu), Kochi - Thirtyfive rail wagons carrying 1,820 tonnes of palm oil from Chennai were seized here on suspicions that the edible oil was of inferior quality and brought in wagons used to transport petroleum products.
ENVIRONMENT: Palm Oil Not Green For Asia - UN Report
27/11/2007 (IPS), Bangkok - European Union (EU) demand for supposedly green-friendly fuels, such as palm oil, is coming at a high social and environmental cost in Asia, warns a new report released Tuesday by the United Nations Development Programme (UNDP).
Greenpeace protesters held in Finland
27/11/2007 (Independent Online), Helsinki - Thirty-three members of the environmental group Greenpeace were arrested before being released in Finland after trying to block the unloading of a palm oil shipment, the group said on Monday.
India firm eyes oil palm plantations in Indonesia
21/11/2007 (Reuters), New Delhi - Indian edible oil refiner Jhunjhunwala Vanaspati Ltd said on Wednesday that it will spend up to 1.5 billion rupees ($38 million) to buy 20,000 hectares of oil palm plantations in Indonesia.
