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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
Challenges await Asian biodiesel producers
24/03/2009 (The Star Online) - WHILE the cost of producing biofuels remains high amid the weak price of fossil fuels, Asian biodiesel producers stand united to ensure that the “green†commodity can someday be well integrated into the already established oil markets.
Pakistan and Indonesia to sign PTA soon: Envoy
23/03/2009 (The Jakarta Post) - Indonesians will soon be able to taste Pakistan's delicious Kino oranges and mouth-watering mangoes, while palm oil producers will also be able to export more of their commodity to Pakistan, the country's ambassador to Indonesia said on Saturday.
The three branches of business
23/03/2009 (The Star Online) - IT IS often remarked that Malaysia retains a globally competitive position in the production of palm oil, a pivotal industry in the economy.
Malaysia\'s B5 scheme may use up 3pc of palm oil output
23/03/2009 (Business Times, Malaysia) - MALAYSIA is expected to consume 500,000 tonnes of palm oil, or 3 per cent, of national crude palm oil (CPO) production, when it fully implements blended biodiesel programme by early 2010, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said.
KL bourse higher in early trade
23/03/2009 (Business Times, Malaysia) - MALAYSIA shares were higher in early trading today on window-dressing ahead of the Umno General Assembly meeting in expectations of a rally, dealers said.
Why lift ban on importation of palm oil?
23/03/2009 (Business Day) - Malaysia, which for a long time was the leader in oil palm business in the world ( Indonesia is now the world leader), got its first seedlings from Nigeria . Malaysia knew long ago the potentials pal oil production had and therefore took the cultivation very seriously in an effort to boost its economy. Malaysia has over 3.2 million hectares of oil palm plantations, milling out nine million tons of palm oil with earnings up to $7 billion from its export. Malaysia has gone beyond fabrication of mills to the addition of value to the products by refining and fractionating oil in order to produce chemicals like the fatty acids, fatty alcohols and intermediates.
Will palm oil drive deforestation in the Amazon?
23/03/2009 (Mongabay.com) - Already a significant driver of tropical forest conversion across southeast Asia, oil palm expansion could emerge as threat to the Amazon rainforest due to a proposed change in Brazil's forest law, new infrastructure, and the influence of foreign companies in the region, according to researchers writing in the open-access journal Tropical Conservation Science.
India Scraps 20% Import Duty on Crude Soybean Oil
19/03/2009 (Bloomberg) - India, the world’s biggest buyer of vegetable oils after China, scrapped a 20 percent tax on imports of crude soybean oil to the bring duties on the commodity on par with palm oil, its main substitute.
Sinar Mas Defends Palm Oil Expansion
22/03/2009 (Jakarta Globe) - Sinar Mas Group, one of the country’s top palm oil growers, has denied accusations that its activities are damaging the environment and said it would stick to plans to expand its plantations.
