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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
United Plantations Earnings Hit by Low CPO, Palm Kernel Production
25/08/2009 (The Star Online), Petaling Jaya - United Plantations Bhd posted 18.1% lower net profit to RM65.01mil in the second quarter ended June 30 on lower crude palm oil (CPO) and palm kernel (PK) production, and low margins of its refinery divisions.
Greenpeace accuses Fonterra of contributing to deforestation
25/08/2009 (Dairy Reporter.com) - Greenpeace has attacked dairy giant Fonterra for using palm-based animal feed from cleared forests and for pushing an intensive farming model in New Zealand.
Pooling commodity related resources to create bigger opportunities
25/08/2009 (The Star) - PRIME Minister Datuk Seri Najib Tun Razak’s call for Felda, Felcra and Risda to form a consortium to jointly explore downstream projects and other mutual cooperations could not have come at a better time.
Palm oil paradox
24/08/2009 (The Christian Sciences Monitor), TRIPA SWAMP, INDONESIA – The surveyor mapping the rain forest below was so shocked that he couldn’t speak. From the air it looked as if someone had bombed with white phosphorus. Plumes of smoke rose from the earth where 150-foot hardwoods lay like toothpicks. Nearby, formations of oil palm plantations advanced, precise as an army.
Drought may pare India oilseeds crop, supporting palm
25/08/2009 (Bloomberg), New Delhi - India, the world’s biggest buyer of palm oil after China, may produce fewer monsoon-sown oilseeds as dry weather in the main growing areas reduced sowing of peanuts.
Dairy farmers urged to stop using palm oil by-product
23/08/2009 (3News.co.nz) - Dairy farmers are being blamed for the destruction of tropical rain forests. New Zealand cows ate more than 1 million tonnes of palm kernels last year - a quarter of the world's total consumption of the palm oil by-product.
Palm Oil Critics Moving the Goalpost
23/08/2009 (Deforestration Watch) - Environmental critics like the Palm Oil Group (POA), Greenpeace, the Friends of the Earth (FOE) and the Rainforest Action Network (RAN) have been launching spurious allegations against the palm oil industry accusing it, inter alia, of causing massive deforestation and threatening the existence of the orang utan.
23/08/2009 (3news.co.nz) - Dairy farmers are being blamed for the destruction of tropical rain forests. New Zealand cows ate more than 1 million tonnes of palm kernels last year - a quarter of the world's total consumption of the palm oil by-product.
IJM sees higher palm oil output in 2010
21/08/2009 (The Star Online), Subang - IJM Plantations Bhd’s palm oil production next year will be much higher than this year though it will not be a double-digit growth, says chief executive officer and managing director Velayuthan Tan.
