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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
India to produce 7.04 mt of vegetable oils
28/01/2009 (The Hindu), New Delhi - India is estimated to produce 7.04 million tonnes of vegetable oils in 2008-09, sufficient to meet only 46 per cent of the country's demand.
PTT plans to become regional ethanol hub
03/02/2009 (The Manila Times), Bangkok - PTT Public Co. Ltd. of Thailand said it plans to become Southeast Asia’s hub for ethanol production as it plans to export its products with the expected higher output this year.
Sampoerna Agro`s sales in 2008 reach Rp2.288 trillion
02/02/2009 (ANTARA News), Jakarta - PT Sampoerno Agro booked an income of Rp2.288 trillion from its sales in 2008, most of which consisted of crude palm oil, Sampoerna Agro`s corporate secretary, Budianto Tjuatja, said.
Regions seek forest conversions
02/02/2009 (The Jakarta Post) - The Forestry Ministry has said it has received a mounting number of requests from local administrations for permits to convert Indonesia’s dwindling forests into plantations, mostly due to uncertainty surrounding the spatial planning law.
FAILED VANGUNU OIL PALM PROJECT: MDL – A GOVERNMENT SCAM
02/02/2009 (Solomon Star News) - MDL stands for Marovo Development Limited, a company formed to do or run the Outgrower Palm Oil Scheme of the famous failed Vangunu Oil Palm Project. It is a private entity created purposely to do the Outgrower Scheme under the supervisor of Silvania Plantation Product (SI) Limited (SPPL).
Palm oil to cushion slower economic growth
02/02/2009 (Business Times) - ROBUST palm oil exports are expected to help cushion slower economic growth ahead, just like 10 years ago.
Unilever blocking deforestation for palm oil
01/02/2009 (San Francisco Chronicle) - Unilever, the world's largest buyer of palm oil, would publicly call for a moratorium on deforestation by Indonesian growers of the coveted oil used in food, soaps, detergents, cosmetics and biofuel. The expansion of oil palm plantations is slowly destroying Kalimantan, the Indonesian side of Borneo and the habitat of the endangered Bornean orangutan, environmental activists say.
Disappointment as watchdog rules biofuels are not \"sustainable\"
01/02/2009 (New Energy Focus) - Major fuel suppliers are continuing to fail government targets to supply biofuels that meet environmental standards, according to new figures released by the Renewable Fuels Agency, writes James Cartledge.
Land rental deal collapses after backlash against \'colonialism\'
31/01/2009 (The African Finance Journal) - One of the world's largest land deals, a scheme to lease African farmland to rich countries to grow their own crops, has collapsed amid accusations of 'neo-colonialism'.