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CPO futures end higher on worries over weaker palm oil production
CPO prices set to trade between RM3,800 and RM4,200 per tonne in 2H2024, says MPOC
Palm oil set to rise in 2H as La Nina poses supply risk
CPO prices stay above RM4,000 for second straight day
CPO prices to drop ahead of Chinese New Year
Friday, January 28, 2005 - Ahead of lunar new year festivities, industriesin China are reducing their activity, and this will eventually cut demandfor certain raw materials including crude palm oil (CPO), thus weighingdown on the commodity price.
Philippine coconut oil industry strikes back over
1/28/2005 MANILA STANDARD - The coconut oil industry is incensed. "It istime to correct the lies perpetuated by the US soybean industry thatsaturated fats, which include coconut oil, are a threat to consumerhealth," declared the Philippine Coconut Producers Association Inc.(PCOPA).
President Susilo asks state firms to help farmers
Saturday, January 29, 2005 Jakarta - President Susilo Bambang Yudhoyonosaid he has ordered state-owned enterprises to work to improve thelivelihood of farmers and fishermen who constitute a majority of thecountry's 230 million population.
Vegetable oil producers look for energy windfall
Jan. 29, 2005, 9:43PM BOMBAY, INDIA - Use of edible oil as a fuel couldincrease in coming years as major vegetable oil producers from Malaysia toBrazil seek to cash in on high energy prices, industry executives saidthis month.
Danisco launches vegetable oil-based plasticiser
1/20/2005 - Danisco has received authorisation to use and sell its new,vegetable oil-based plasticiser GRINDSTED SOFT-N-SAFE in the EU. Theauthorisation is a breakthrough within plasticisers where consumers havelong called for an alternative to, for instance, phthalates. The producthas been included in the EU's positive list for the so called superdirective and is a safe solution for use with no quantitative restrictionsin food contact materials.
Indonesia Palm Oil Exports Seen Up 11% In '05
27/1/05 (Dow Jones)--Indonesian palm oil producers lobby Gapki expects2005 palm oil exports at 7.8 million tons, up from 7.0 million tons in2004; but forecast unlikely to have much positive impact on prices asproduction also expected to rise sharply this year, traders say. Gapkiprojects output at 11.6 million-11.8 million tons in 2005, up from 10.8million tons in 2004. Gapki head says he expects CPO prices to recover toMYR1,350/ton in February due to lower oilseeds output in India
NorCot eyed for P20-M palm oil nursery
26/1/05 - FRESH palm oil investments from a Malaysian businessman willbenefit thousand farming families in North Cotabato..
Bearish prices for palm oil push Malaysia to consi
1/25/2005 - Food makers enjoying bearish prices for palm oil usedextensively in food applications could see a rise as Malaysia, the world’snumber one producer, builds plans to reduce palm oil production, writesLindsey Partos.
Biodiesel: In-your-face to OPEC
Jan 24 7:51 PM USA - Consumers who begrudge paying Middle East oilinterests for diesel oil and heating oil have a clean, safe and domesticalternative in biodiesel. It doesn't involve drilling. It's actuallybetter for engines, and it works in any engine that uses diesel fuel. Itburns cleanly, and it is produced from crops grown in the fields of ourMidwest.