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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
For the sake of palm oil...
19/07/2008 (Daily Express News) - WHAT you are looking at is an intricate web of roots weaved by mother nature over untold number of years and which man can never hope to imitate.
FAO: Better Harvests Might Ease Food Crisis
18/07/2008 (VOA News) - United Nations officials say there may soon be some relief from the global food crisis.
IOI, Wilmar Lead Palm Oil Stocks Lower on Rating Cuts
18/07/2008 (Bloomberg) - Palm oil stocks including Wilmar International Ltd., the world's biggest trader of the commodity, and IOI Corp. fell after CIMB Investment Bank Bhd. cut its ratings on the industry amid concern costs may increase, hurting profits.
Orangutans persist in islands amid a sea of oil palm plantations
17/06/2008 (Mongabay.com) - Orangutan are surviving in forest islands in a sea of oil palm plantations in Malaysia, reports a new survey by a government-backed conservation initiative. The finding underscores the need to protect critical forest areas for the endangered primates as forest continues to fall in southeast Asia at a rate that is the highest of any of the world's tropical forest regions.
New Britain Palm Oil hikes Ramu offer again; says offer free from all conditions
17/07/2008 (Forbes), London - New Britain Palm Oil Ltd. (NBPO) said it has again raised its cash offer for Ramu Agri-Industries Ltd., adding that the offer has been declared free from all conditions and the offer period extended to Aug. 30.
Palm oil giant Sime Darby to build refinery in central Malaysia
17/07/2008 (Trading Markets.com), Kuala Lumpur - SIME DARBY BERHAD on Tuesday said it will build a new RM330 million (US$103.1 million) refinery in a bid to strengthen its position in the palm oil downstream business in South East Asia. Sime Darby's board of directors recently agreed to construct the North Port refinery complex in Port Klang, which is expected to be completed by mid 2010, president and group chief executive Dato' Seri Ahmad Zubir Murshid said in a statement.
Orang utans survive in forests within estates
17/07/2008 (Daily Express News), Kota Kinabalu - New findings by the Borneo Conservation Trust (BCT) show that Orang Utans are surviving in pockets of forest within the oil palm plantations in Sabah and that it is possible for the Orang Utans to travel and live within the plantations.
Veg oils shine as US takes up cudgels against trans fatty acids
17/07/2008 (The Economic Times), New Delhi - On July 1, New Yorkers achieved trans-fat nirvana. Last summer, New York city banned restaurants from serving food containing trans-fats. From this month, all bakeries, confectionaries and snack companies had to fall in line. Since the average American eats 4.7 lbs of trans-fats each year (says US FDA), this may cheer obese New Yorkers. But would it also impact what we pay for cooking oil? ET helps you join the dots between outlawed trans-fats and the global veg oil market.
Ahold to Start Using Sustainable Palm Oil in Own Store Label Products
16/07/2008 (Flexsnews) - Dutch retailer Royal Ahold N.V. plans to use sustainable palm oil for all own label products sold at its Dutch Albert Heijn supermarkets and Etos health and beauty care stores by 2015.
