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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
Dutch: no subsidies for biofuels-driven rainforest destruction
31/10/2007 (Mongabay.com) - The Dutch government will exclude palm oil from "green energy" subsidies as growing evidence suggests that palm oil is often less sustainable than advertised.
Kerala palm ban gives boost to rival coconut oil
31/10/2007 (Reuters), New Delhi - The government’s decision to stop the import of palmoil at a southern port following lobbying by the rival coconut trade has helped stabilise coconut prices and bring the two oils to price parity.
Oxfam warns of problems with EU biofuel plans
01/11/2007 (Biofuels Review) - EU plans to increase the use of biofuels could spell disaster for some of the world's poorest people warns international agency, Oxfam in a briefing published today (1st November).
Biofuels make poor people even poorer
01/11/2007 (The Register) - European targets for use of biofuels will make life worse for some of the poorest people on the planet, according to a report from charity Oxfam.
Indonesia\'s export growth bypassing its workers
01/11/2007 (Tehran Times) - Indonesia is seeking a return to its exports heyday of the early 1990s, spearheaded by a glittering trade fair in Jakarta recently, but analysts warn that growth so far is bypassing its workers.
Southern Acids reports better earnings in core businesses
31/10/2007 (The Star Online), Shah Alam - Southern Acids (M) Bhd registered better earnings in its core operating divisions for the financial year ended Apr 30, group managing director Datuk Low Mong Hua said.
Malaysia’s Oct palm oil stocks seen down 2.4pc
30/10/2007 (Business Times, Malaysia) - Malaysian palm oil stocks are expected to fall 2.4 per cent in October from a month earlier due to declining production, a Reuters poll showed today.
CPO hits record RM3,000
30/10/2007 (Daily Express News), Kuala Lumpur - Crude palm oil physical prices reached a record high of RM3,000 per tonne for November Monday, buoyed by skyrocketing oil prices of US$93 per barrel.
Middle East investors show keen interest
31/10/2007 (NST Online), Kuantan - Investors from the Middle East are expected to be among the first foreigners to take part in large-scale projects in the East Coast Economic Region (ECER).