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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
Palm oil slides into the spotlight
03/01/2008 (Euro2Day) - The prospect of crude oil staying above $100 a barrel is pushing the price of palm oil to record highs as the commodity is increasingly made into biodiesel, an often cheaper alternative to petroleum-based fuels.
Leading biofuels may be worse for environment than fossils fuels
04/01/2008 (Mongabay.com) - Biofuels made from world's dominant energy crops -- including corn, soy, and oil palm -- may have worse environment impacts than conventional fossil fuels, reports a study published in the journal Science.
Tri-State Biodiesel to Provide Biodiesel Fuel to NYC Mobile-Grocer FreshDirect
04/01/2008 (Earth Times) - New York City's first biodiesel company, Tri-State Biodiesel, is proud to announce that beginning today it will be filling FreshDirect's delivery trucks with clean-burning biodiesel blended fuel. The biodiesel fuel, which is made primarily from waste cooking oil collected from New York City restaurants, will be phased in to FreshDirect's fuel supply over the course of the next 2 months. By February 08, FreshDirect's entire fleet will be biodiesel powered, making it the largest private trucking fleet in the city to go biodiesel.
Indonesia`s CPO exports in November down
02/01/2008 (ANTARA News), Jakarta - The Central Bureau of Statistics (BPS) said that Indonesia`s CPO exports in November 2007 dropped drastically by 61 percent compared to that in October 2007.
‘First in the world’ US 400M integrated biofuel environmental industrial park to be built in Malaysia
03/01/2008 (CheckBiotech) - In a Joint Venture MOU signing ceremony between Malaysia State Government of Perak & Earth Biofuel (Asia) Sdn Bhd, it was announced the intention to build a “First-in-the-World†200 acres Biofuel Integrated Environmental Park in the State which will involve 900,000 carbon credit, a centralized treatment system for 4000 m3/hr industrial & biological waste water, methane gas recovery for 300,000 tonne/year landfill and R&D cum Training Centre generating about 30,000 jobs related to the Project.
Oil World sees rising Indian vegetable oils imports
02/01/2008 (Reuters), Hamburg - India is set to increase vegetable oils imports in coming months, especially of palm oil as its domestic oilseed production cannot cope with rising demand, Hamburg-based oilseeds analysts Oil World forecast.
Orangutan should become symbol of palm-oil opposition
02/01/2008 (Mongabay.com) - Organutans could serve as a symbol to unite conservationists against damaging palm-oil production. In a letter published today in Nature, Oscar Venter, Erik Meijaard and Kerrie Wilson argue that proposals for conservation groups to purchase and run oil palm plantations for the purpose of generating funds for forest protection are unlikely to be successful. The concept was originally put forth by Lian Pin Koh and David S. Wilcove in a 2007 Nature article.
Africa: 2008 Promises Good Returns for Farmers
01/01/2008 (AllAfrican.com) - African producers of almost all agricultural commodities can expect strong prices on global markets next year, with growing investor interest boosting demand-related increases.
India keeps edible oil tariff values unchanged
01/01/2008 (Reuters), Mumbai - India left tariff values unchanged for six palm group oils and crude soybean oil, a Central Board of Excise and Customs notification said on Tuesday.
