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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
WWF to Rate Palm Oil Purchasers on Sustainability
15/05/2009 (International Centre forTrade and Sustainable Development) - The Worldwide Fund for Nature (WWF) says it will begin a campaign to rate major palm oil purchasers on their sustainability after figures show only a fraction of certified palm oil on the market has been purchased.
Did Malaysia cancel plans for palm oil development in the Amazon?
21/05/2009 (Mongabay.com) - The Malaysian government\'s federal land agency (FELDA) is now denying its well-documented plan to develop oil palm plantations in the Amazon rainforest, reports Ecological Internet, a forest advocacy group that carried out a campaign against the project.
Palm oil firms ‘taking away’ locals’ income
19/05/2008 (The Jakarta Post) - While a handful of oil palm plantations are raking in a fortune from their activities, many villagers are reeling at the loss of the source of much of their livelihoods.
Palm oil exports at risk from overseas buyers boycott
19/05/2009 (The Jakarta Post) - Indonesia's palm oil business, already hit by lower prices, risks an overseas buyers boycott, with NGOs saying government plans for huge plantations in Kalimantan may mean big environmental damage.
Crude palm oil may surge 20%
19/05/2009 (Business Standard) - “Prices of crude palm oil (CPO) are expected to surge 20 per cent to surpass 3,000 ringgit later this year, on falling output in the mainland production centres that are Malaysia, Indonesia, Argentina and Ukraine,†a paper presented by Dorab Mistry, director of Godrej International said in Jakarta on Monday.
CPO price jump spurs complaints about speculation
18/05/2009 (The Star Online) - TOGETHER with a recovery in global commodity prices, crude palm oil (CPO) futures for three-month delivery shot up to above RM2,600 a tonne at Friday’s market closing from RM2,000 on March 31.
Sri Lanka Carson unit says palm oil market stabilised
18/05/2009 (LBO) - Palm oil prices have stabilised after last year's collapse and demand should grow in future, according to Good Hope, a subsidiary of Sri Lanka's Carson Cumber batch group with plantations in Malaysia and Indonesia.
Activists protest at Neste\'s use of palm oil for biofuel
14/05/2009 (Biofuel Review) - The Neste refinery in Porvoo was the scene of a protest by environmental activists on Tuesday (12th May), calling for the company to stop using palm oil as a feedstock for its NExBTL-diesel. According to Greenpeace, Neste Oil is set to become the world's largest consumer of palm oil over the next three years, and this expansion will lead to massive deforestation.
BP warns against misunderstanding biofuels
12/05/2009 (Biofuel Review)There is a real danger that the emerging biofuels industry will be damaged by misunderstandings, according to BP. In a speech at Cambridge University last week (8th May), David Eyton, BP's Executive Sponsor for work with Cambridge said; "We believe that the global case for biofuels can and should be made."
