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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
Asian palm jumps 5.1% as oil boosts vegoils
20/10/2008 (The Edge Daily), Kuala Lumpur - Malaysian crude palm oil futures soared 5.1% on Monday as strength in the crude oil market lent support to soyoil markets in the US and China, traders said.
Palm oil to be a viable energy source
19/10/2008 (Moneycontrol.com), Chennai - Enjoying the advantage of being more profitable and viable than soyabean oil, palm oil is likely to find new uses for industrial application and as an energy source, according to Mr Dorab Mistry, Director of Godrej International.
Biofuel boom endangers orangutan habitat
19/10/2008 (Los Angeles Times), Tanjung Puting National Park, Indonesia - In the rush to feed the world's growing appetite for climate-friendly fuel and cooking oil that doesn't clog arteries, the Bornean orangutan could get plowed over.
Colombia to have six palm biodiesel plants by 2009
18/10/2008 (EFE).- Colombia, the leading producer of palm oil in the Americas, will have six palm biodiesel plants by next year and plans to increase its share of the biofuels market, sources from the sector said.
Bright Side To Shaky Palm Oil Price, Say Analysts
17/10/2008 (Bernama), Nanjing - Palm oil's inherent economics and the global economic slowdown will serve as a bolster for its price which has plummeted sharply in recently months, analysts said at a Malaysia-China Palm Oil Fair and Seminar here yesterday.
Palm oil prices poised to plunge
17/10/2008 (Bangkok Post) - Prices of cooking palm oil will fall by as much as 20% from Nov 1, reflecting the decline in world prices resulting from an increase in palm nut supplies. The Commerce Ministry confirmed the reduction yesterday of its retail reference price for the oil to 38 baht a litre from 47.50 baht.
Indian traders call for import tax on edible oils
16/10/2008 (Reuters), New Delhi - India's vegetable oil traders have urged the government to impose an import tax and allow futures trading in soyoil following a slump in prices, a leading trade body said on Thursday.
Financial Crisis Woes Add To Gloom At Malaysia-China Palm Oil Seminar
16/10/2008 (Bernama), Nanjing - Sentiment was bearish at the Malaysia-China Palm Oil Seminar 2008 which opened here Thursday as Asian stock markets and crude oil price took another dive in heightened fears of a global recession following poor retail sales numbers from the United States.
FDA recalls skimmed milk with palm oil
16/10/2008 (Asia One Online), Thailand - The Food and Drug Administration yesterday ordered a nationwide recall of unsweetened condensed skimmed milk with a palmoil formula and products using the same ingredients after finding high melamine contamination at the Thai Dairy Industry's factory.
