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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
CPO futures end mostly higher on soybean oil gains
Greenpeace Prevents Palm Oil Shipment
10/11/2008 (Greenpeace), Indonesia - Greenpeace activists today prevented a palm oil shipment from departing for Europe from Dumai, Indonesia's main palm oil export port, to protest against the ongoing destruction of Indonesia's forests.
New plantations to drive demand for palm oil mills
11/11/2008 (The Star Online), Petaling Jaya - CB Industrial Product Holding Bhd (CBIP) expects its business of designing and building palm oil mills to grow by 50% next year.
AP to reduce palm oil price for white card holders
10/11/2008 (Money Control), Hyderabad - The Andhra Pradesh Government has decided to reduce the palm oil price being distributed to White Card holders through fair price shops to Rs 35 a litre from the present Rs 45 immediately. The decision was taken by Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, after a meeting with officials of the Civil Supplies, Marketing and Horticulture here on Monday.
Greenpeace stops palm oil shipments from leaving Indonesia
10/11/2008 (AFP), Jakarta — Environmental group Greenpeace said Monday it had stopped several palm oil shipments from leaving Indonesia and called for an end to forests and peatlands being destroyed to make way for plantations.
Expert: Palm oil prices have reached the floor
10/11/2008 (Xinhua), Kuala Lumpur - Vegetable oils forecast expert Thomas Mielke believes palm oil prices have bottomed out and expects sharp increases ahead, Malaysian media reported on Monday.
IOI Corp up 1st time in 3 days
10/11/2008 (Business Standard) - IOI Corp (1961), the world’s second- biggest palm-oil producer, gained for the first time in three days in Kuala Lumpur trading after profit beat some estimates and analysts said the stock is undervalued.
Forest crimes and climate crimes: Greenpeace ships take action
10/11/2008 (Greenpeace) - The small (wet) figure above is a crew member of the Greenpeace ship Esperanza. Darkness has fallen on the port of Dumai (Indonesia) since this photograph was taken several hours ago, but our climber is still there, in the dark, occupying the anchor chain and preventing the tanker from setting off to the Netherlands with its 27,000 tonne cargo of palm oil. As Jamie wrote on the Forests for Climate blog, it takes only one person to stop a giant palm oil tanker.
Millers Must Buy Palm Fruits From Planters
09/11/2008 (iStockAnalyst) - ALL 403 palm oil millers throughout the country have been reminded that they must receive and buy palm fruits from planters, despite the current economics of low profits.
Palm Oil Prices Have Reached the Floor: Expert
09/11/2008 (iStockAnalyst) - VEGETABLE oils forecast expert Thomas Mielke believes palm oil prices have bottomed out and expects sharp increases ahead.
