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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
Govt To Collect RM2.3 Bln From Windfall Profit Levy On Palm Oil
14/07/2008 (Bernama), Putrajaya -- The Ministry of Finance is expected to collect RM2.3 billion in windfall profit levy from oil palm estate owners in the next 12 months.
Price of vegetable oil goes up by 15%
14/07/2008 (The Tide Online) - There has been a 15 per cent increase in the price of vegetable oil in some major towns in Delta.
Palm Olein imports surge as duty differential falls
14/07/2008 (The Hindu Business Line), Chennai - RBD palmolein witnessed record import during June, thanks to its effective Customs duty declining to 2.8 per cent.
Veg oil imports buoyant, rise 12 per cent in Nov-Jun
15/07/2008 (Business Standard) - The country's import of edible and non-edible oil jumped 12 per cent during the eight months ended June 30, as against the corresponding period a year ago, according to figures released by the Solvent Extractors' Association of India (SEA).
Sustainability = People + Planet + Profit
14/07/2008 (Biodiesel Magazine) - Palm oil has taken the lead in world production of vegetable oils in recent years and is now poised to lead in another area. It is the first commodity to develop a certification program to meet the emerging market demand for sustainable production. This concept is not new to the food industry—certification systems have existed for years in niche markets such as organic, kosher and halal. Certified sustainable palm oil is charting new territory for commodity crops, however, by expanding the areas of concern far beyond environmentally friendly production practices to include corporate social responsibility, and conservation of natural resources and biodiversity.
The Changing Face of Biodiesel Production
14/07/2008 (Biodiesel Magazine) - Imagine a three-way chicken and egg question. What came first: the chicken, the egg or the nest? That is the latest conundrum facing anyone trying to get started in the biodiesel business. How does one ensure that over a plant’s life that production will find an open market, access to feedstock, will not contravene local ordinances, and will have a trained and efficient pool of employees?
Palm oil industry moves into the Amazon rainforest
09/07/2008 (Mongabay.com) - Malaysia\'s Land Development Authority FELDA has announced plans to immediately establish 100,000 hectares (250,000) of oil palm plantations in the Brazilian Amazon.
Planter completes audit for green certification
14/07/2008 (The Star Online) - THE race to attain the Roundtable for Sustainable Palm Oil (RSPO) full certification is hot on the agenda of Malaysian plantation players, given the rising misconception on sustainability and environmental issues among major importing nations particularly in Europe.
Firm to repeat success in Indonesia
14/07/2008 (The Star Online) - UNITED Plantations Bhd is undergoing a major expansion into oil palm plantations in Indonesia after 100 years of solid presence in Malaysia.
