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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
‘Avoid Panic,’ but Conditions Ripe For El Nino
07/04/2009 (The Jakarta Globe) - Indonesia’s largely benign experience with the weather could be in for a jolt, with sea temperatures starting to rise, raising the possibility that El Nino, the tempestuous weather phenomenon that wreaks havoc on the world’s food supply, could return in August.
Govt to lower benchmark for CPO export levy
07/04/2009 (The Jakarta Post) - The government plans to lower the minimum benchmark price of crude palm oil (CPO) for calculating the payment of export duty.
Indonesian palm oil industry takes step towards sustainability
07/04/2009 (WWF), Jakarta - A major Indonesian plantation company has become the country’s first certified maker of sustainable palm oil as WWF simultaneously collaborated with the Indonesian Department of Agriculture and others to hold a first-time regional training workshop for small producers.
Chin: Smaller inventory shows effectiveness of replanting scheme
08/04/2009 (The Star Online), Putrajaya - Malaysia’s palm oil stocks for end-March are expected to be lower at 1.5 million-1.51 million tonnes from 1.56 million tonnes in February, said Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui.
Go-slow on trade pact with Asean
06/04/2009 (The Telegraph), New Delhi - Commerce minister Kamal Nath is unlikely to have with him the papers for signing the free trade agreement when he meets Asean leaders in Thailand this weekend.
Local Firms Hesitant Toward Burmese Bid to Attract Investment in Plantations
06/04/2009 (The Jakarta Globe) - Agriculture Minister Anton Apriyantono says the Burmese government has invited Indonesian companies to invest in developing that country’s oil palm and rubber plantations, although business players at home say they will have to first see for themselves whether conditions in Burma are favorable.
Ukrainian Palm Oil Imports to Fall 10 Per Cent in 2009 - Trade
06/04/2009 (Reuters), Kuala Lumpur - Ukraine's palm oil imports will fall 10 percent this year to 440,000 tonnes because of increasingly cheaper and plentiful domestic supplies of sunflower oil, Malaysian and Indonesian traders said on Friday.
Greenpeace Demands Neste Drops Palm Oil From Diesel Fuel Production
03/04/2009 (YLE.fi) - Greenpeace activists staged a demonstration in front of Helsinki's Fair Centre where the annual general of Neste Oil was being held on Friday. Greenpeace is demanding that the company stop using palm oil in the production of diesel fuel.
Neste Oil only uses palm oil that has been produced responsibly
03/04/2009 (CNN Money) - Neste Oil is fully committed to using only palm oil that has been produced responsibly, and has a set of tough sustainability principles in place covering its procurement of bio-based raw materials. Thanks to the development of a system that enables it to trace the origin of all the palm oil that it uses, it knows exactly where and how its palm oil has been produced. Neste Oil has also committed itself to only using palm oil certified by the Roundtable on Sustainable Palm Oil (RSPO) as it becomes available in sufficient volumes.
