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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
EU Labelling Law Adds Impetus to the Sustainable Palm Drive
03/12/2014 (FoodNavigator.com) - Changes to European labelling laws meaning the specific source of vegetable oil must be declared on pack could drive more food manufacturers to certified sustainable palm oil, according to one grower.
Ukraine’s Sunflower Oil Exports Surge Amid Robust World Demand
03/12/2014 (Bloomberg) - Sunflower oil exports from Ukraine, the world’s top producer, have surged by almost 40 percent from last year after global demand increased and attractive prices spurred buying, Oil World said.
Palm Oil is A Healthy Substitute for PHOs
03/12/2014 (Detroit News) - Palm oil may seem like the latest item to hit the food world, but it's been around for decades. After World War II, improvements in palm oil technology and transportation brought it to convenience and snack food manufacturing on an industrial scale. Palm oil — made from the fruit of the oil palm tree — has the perfect properties for food production; it's odorless, tasteless and solid at room temperature, which provides for consistent texture, mouth-feel and extended shelf-life in products like baked goods, fried foods and pizzas. Palm oil has gained in popularity, as food manufactures look for a substitute for partially hydrogenated oils — the source of dangerous trans fats, which have been increasingly banned across the globe (the U.S. FDA is considering banning them, too.)
CIMB Research Retains Neutral Outlook on Plantations
03/12/2014 (The Star) - CIMB Equities Research is maintaining its Neutral sector rating for the plantations sector and continues to prefer planters that offer strong output growth prospects to offset weaker prices.
Novozymes Targets Cheaper Fuel from Cooking Oil
03/12/2014 (Business Green) - The cost of turning waste cooking oil into transport fuel could be dramatically reduced by new enzyme technology, Danish company Novozymes has claimed.
Economic Diplomacy to Lead Stronger RI-UAE Ties
03/12/2014 (Jakarta Post) - Economic diplomacy will be the priority for Indonesia’s strengthening relations with the United Arab Emirates in the future, with pledged changes and shifts in Indonesia’s investment bureaucracy hoping to realize better economic cooperation.
Ministry Of Plantation Industries and Commodities: Response to Allegations of Child Labour and Forced Labour In The Oil Palm Industry By Us Department Of Labor Report 2014
03/12/2014 (Bernama) - Malaysia has been listed by the US Department of Labor (US DOL) as one of the countries practicing forced labour in the oil palm industry in The Department of Labor’s List of Goods Produced by Child Labor or Forced Labor in the last five consecutive reports in 2009, 2010, 2011, 2012 and 2013. In its latest report dated 1 December 2014, Malaysia has been listed as one of the countries which practices not only forced labour but also child labour in the oil palm industry.
6,849 Smallholders Benefited From MPOB Assistance
03/12/2014 (Bernama) - A total of 46,849 smallholders throughout the country have benefited from aid and subsidies from the Malaysian Palm Oil Board (MPOB), said Plantation Industries and Commodities Deputy Minister Datuk Noriah Kasnon.
VEGOILS-Palm Records Biggest Daily Drop in 16 Mths After Crude Hits 5-yr Lows
02/12/2014 (Reuters) - Malaysian palm oil futures recorded its biggest daily decline since July 2013 on Monday as crude oil hit five-year lows and export data showed weakening global demand for palm oil.