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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
Lifting the ban on importation of palm oil
28/04/2009 (The Guardian) - AT a time when the world is facing a chronic financial recession and world leaders are thinking of ways to improve the well-being of their suffering citizens through job creation and increased business opportunities is the same time, Nigerian leaders on the other hand find it pertinent to lift the ban on importation of palm oil, a commodity which has proven to be a prolific revenue earner and job creator. Obviously those clamouring for the lift of this ban do not know the value of the oil palm crop. The single crop can literally lift a developing country out of poverty all by itself. The most famous example of this is of course Malaysia, the world's largest palm oil producer. In the early years after independence from Britain, the country was still very much an underdeveloped, poor nation, with per capita incomes of less than US$ 400 per year (in 2005 dollar terms).
Sabah\'s Plantation Industry Must Improve Efficiency
28/04/2009 (Bernama), Sandakan - Sabah's plantation industry should make use of better technology and planting materials to improve efficiency and productivity.
Liberia: U.S.$800 Million Dollar Concession Agreement Signed for the Rehabilitation And Expansion of the Guthrie Rubber Plantations
30/04/2009 (All Africa), Monrovia — President Ellen Johnson Sirleaf has signed a US$8-hundred million dollar Agriculture Concession Agreement for the rehabilitation and expansion of the Guthrie Rubber Plantations. The project is to be undertaken by the Sime Darby Company of Malaysia.
Environmental campaign blocks palm oil project in Cote d\' Ivoire wetland
25/04/2009 (Mongabay.com) - Environmentalists have thwarted plans to establish an oil palm plantation in the Tanoe forest wetlands of southern Cote d' Ivoire (Ivory Coast), reports AFP.
Senegal keen to import palm oil from Malaysia
25/04/2009 (Business Times Malaysia) - MALAYSIAN palm oil producers can grow their exports to Senegal when duties are lowered later this year, said Malaysian ambassador to Senegal Datuk Jamiyah Mohamed Yusof.
Can “Sustainable†Palm Oil Slow Deforestation?
24/04/2009 (World Watch Institute) - Malaysia-based United Plantations marked the beginning of a new era for the controversial palm oil market last November with its first certified \"sustainable\" shipment.
Ivory Coast activists scupper palm oil project
25/04/2009 (AFP), Abidjan — Ivory Coast's main palm oil company, Palmci, on Friday announced it was abandoning a major plantation scheme in the south of the country after opposition by environmentalists to destruction of a forest.
Palm Oil Board Exposes Sale Of Illegal Oil Palm Seeds
24/04/2009 (Bernama), Bangi - The Malaysian Palm Oil Board (MPOB) Friday exposed unlawful sale of illegal oil palm seeds and forging transaction documents bearing logos of Sime Darby Plantation Bhd and Felda Agriculture Services Sdn Bhd.
Indonesia to Use Standard Palm Oil Price
24/04/2009 (TEMPO Interactive), Jakarta - The government has set the standard price for local palm oil exports. The price is expected to become the standard for international palm oil trade. Deputy coordinating minister for the economy, Bayu Krisnamurthi said international palm oil trade had until now been using the commodity market price in Rotterdam, the Netherlands, as its standard.
