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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
European Barriers to American Biodiesel
24/03/2009 (The New York Times) - Amid persistent talk of global protectionism these days, with Mexico, Russia and India tightening up on imports for one reason or another, the energy sector appeared fairly immune from the barriers — until now.
Bidco to pay Shs70 million for defamation
25/03/2009 (Daily Monitor) - The High Court has ordered Bidco Uganda Limited, an edible oils manufacturer, to pay A.K. Oils, its competitor and subsidiary of Mukwano Group, Shs70 million worth of general and exemplary damages accruing from defamatory and libelous advertisements the former published against the latter in 2005.
Felda in oil palm project with Brazil partner
25/03/2009 (Business Times, Malaysia) - THE Federal Land Development Authority (Felda) and its Brazilian partner will embark on an oil palm cultivation project in Tefe this year, said Brazilian ambassador Sergio Arruda.
Palm Oil Falls on Expected Output Rise
24/03/2009 (Jakarta Globe Business) - Singapore. Palm oil in Malaysia dropped the most in almost two weeks amid expectations that output in Indonesia, the world’s biggest producer of the commodity, would be higher in the second half of the year compared with the first six months.
Trade Ministry Positive Exporters Will Meet Targets
24/03/2009 (Jakarta Globe Business) - The European Union is still an important market for Indonesian non-oil and gas commodities, despite shrinking demand and tougher requirements on quality and standards, an official at the Trade Ministry said.
Successful Use Of Biofuel Hampered By Transport, Processing Costs
24/03/2009 (Bernama), Kuala Lumpur - The main challenge facing the biofuel industry is transport and processing costs, said the Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui.
EU to import more palm oil for biofuels-Oil World
24/03/2009 (ForexProps.com), Hamburg - European Union imports of palm oil are currently increasing and could rise sharply this year largely because of demand for biofuel production, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
CPO futures rise on farmers’ strike
24/03/2009 (The Star Online), Petaling Jaya - Crude palm oil (CPO) futures pushed past RM2,000 per tonne yesterday as a farmers’ strike in Argentina threatens soybean exports and on a delay by India to implement a previously announced removal of a 20% import duty on crude soybean oil.
Oil Palm Smallholders To Get Their Incentives By June
24/03/2009 (Bernama), Johor Baharu -- Oil palm smallholders are expected to get their incentives for replanting oil palm, as announced in the recent second stimulus package, by June the latest.
