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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
Palm oil ends lower after MPOB’s data release
Balance bio-fuel sourcing and meeting food demand
21/04/2008 (Business Daily, Africa) - April 22, 2008: World prices for grain are threatening to go out of control. There is an outcry that diversion of resources from food crops to bio-fuel is partly to blame for the high grain commodity prices, especially in the US where government subsidies are provided for bio-fuel.
Palm oil protests target Unilever sites
21/04/2008 (Reuters, UK), London - Environmental demonstrators targeted Unilever across Europe on Monday, entering plants and scaling walls, including those of its London headquarters.
Greenpeace wants moratorium on palm oil expansion in Indonesia
21/04/2008 (AFP), Jakarta — Greenpeace called for a moratorium Monday on the expansion of palm oil plantations in Indonesia's rainforests and peat-lands, warning that soaring world demand is creating an environmental crisis.
Palm oil protest hits Unilever
21/04/2008 (Green Consumer Guide) - Unilever has been accused by Greenpeace today of playing a major role in the destruction of rainforests through its sourcing of palm oil for cosmetics. The environmental campaign group is demonstrating at the corporation’s London HQ, drawing attention to the orang-utan habitat destruction and climate change caused by palm oil plantations in Borneo.
Time for timber
21/04/2008 (The Star Online) - THERE was renewed interest in the timber sector last week following a recent timber conference organised by the CIMB group.
Inflationary expectation driving up prices: Chidambaram
21/04/2008 (The Hindu), Kannur - Union Finance Minister P. Chidambaram has said that an inflationary expectation is driving up the prices.
Malaysia launches drive to save environment
20/04/2008 (The News-International, Pakistan), Kota Kinabalu - The Malaysian government has started a programme to ensure sustainable development and production of palm oil as well as to further reduce environmental hazards and deforestation.
Middle East\'s palm oil imports reach 1.4m tons
19/04/2008 (MENAFN, Jordan) - According to a report published by the Malaysian Palm Oil Council (MPOC), the Middle East has imported 1.4 million tons palm oil constituting 45 percent of its overall imports of oils and fats products last year, Khaleej Times reported.
Canadian packaging group opts for ethical sourcing
18/04/2008 (Food Productiondaily.com) - Canada's Earthcycle, a producer of palm fibre-based packaging, has confirmed that its source material is made from sustainable sources that have not contributed to deforestation.
