|
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
Neste Oil Upgrades Full-year Guidance on Good Renewable Results
10/09/2013 (Economic Times) - Finnish refiner Neste Oil upgraded its full-year profit guidance on Tuesday, citing good results at its renewable fuels business, which makes diesel from palm oil and animal fats.
In Palm Oil’s Wake: An Interview With Robert Hii
10/09/2013 (National Geographic) - We’ve all heard the news about palm oil. Tales of clear cutting and species loss and the relocation of indigenous peoples have graced the pages of Huffington Post Green, the New York Times and Monga Bay. The World Wildlife Fund for Nature (WWF) and other international conservation organizations have been at the forefront of the battle against the unsustainable development of palm plantations. And yet, it seems the science goes ignored and the pleas fall on deaf ears. There are already 8 million acres of land cleared for palm oil plantations in Indonesia and 9 million in Malaysia, and, according to Rainforest Action Network, the Indonesian government is already planning to convert another 44 million acres of pristine rainforest into plantations by 2020. More dramatic is what will be left when they’re finished: According to the United Nations Environment Program, as much as 98 percent of the country’s forests could be gone by 2022.
EU Biofuel Subsidies Driving Unsustainable Palm Oil Production: IISD Report
10/09/2013 (Newsroom America) - European Union biofuel policy is pushing up demand for palm oil, says a report released today by the International Institute for Sustainable Development.
Cargill Inc. : Cargill’s West Kalimantan Palm Plantation Receives International Certification for Sustainable Biofuels
10/09/2013 (4-Traders) - Cargill today announced that its palm oil plantation in West Kalimantan, Indonesia, PT Harapan Sawit Lestari (HSL), has received international recognition for its sustainable palm oil practices. HSL was awarded the certification for sustainable palm oil supply for biofuels according to the International Sustainability and Carbon Certification (ISCC) standards in the European Union (EU). This certification covers HSL's entire operations, including smallholder plantations managed by Cargill under the KKPA (Kredit Koperasi Primer Anggota) scheme, mill, and warehousing operations.
Crude Palm Oil Futures Down RM40 At Midday
10/09/2013 (The Star) - Crude palm oil (CPO) futures for third month delivery fell RM40 to RM2,359 at midday on Tuesday.
Crude Palm Oil Weekly Report 8 September 2013
09/09/2013 (Borneo Post) - Crude Palm Oil Futures (FCPO) rose for the week during the starting of September as weak ringgit spurred more buyer interest.
Commodity Weekly Report 8 September 2013
09/09/2013 (Borneo Post) - The US President Obama is still seeking the opinions on the Congress for declaring war against Syria while most members in United Nations (UN) do not openly support the military action. Gold prices saw jitters throughout last week due to uncertain market sentiment. The US non-farm payroll rose 169,000 in August with unemployment rate falling to 7.3 per cent. Expectation of tapering waned among traders as overall recovery still behaves in passive sentiment. Crude prices traded in small correction but still remained high towards weekend at 110 regions.
Biofuels Policy Faces Critical European Vote
09/09/2013 (The Guardian) - EU policy on biofuels reaches a critical stage on Wednesday with a scheduled vote by the European parliament on proposed limits on the use of crop-based fuels.
Nigeria: FG to Distribute Seedlings to 30,000 Oil Palm Farmers
09/09/2013 (AllAfrica.com) - The Federal Ministry of Agriculture and Rural Development has unveiled plans to distribute improved seedlings to 30,000 oil palm farmers under the Growth Enhancement Support (GES) scheme.
