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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Malaysia palm oil output set for steep drop after Sabah floods
Indonesia on Right Path To Saving Forests: Greenpeace
04/06/2013 (FRANCE 24) - A $1 billion deal to save Indonesia's rainforests has slowed a "tidal wave" of logging destruction, Greenpeace's global chief said Monday, but he warned much more needed to be done.
Palm Produce: Minister Declares Support for Local Producers
04/06/2013 (Nigerian Tribune) - The Federal Government, through the Federal Ministry of Agriculture, has declared that it remains resolute on the high tariff of 35 per cent import duty imposed on Crude Palm Oil (CPO) in order to grow the agricultural sector and diversify the economy.
State Companies Urged to Invest in the Philippines
04/06/2013 (Jakarta Globe) - A government minister has called on several Indonesian industries to look for potential in the Philippines and benefit from the country’s strong growth momentum.
Palm Oil Drops as Demand From India Seen Slowing on Weak Rupee
04/06/2013 (Bloomberg) - Palm oil fell on speculation that demand may slow from India, the world’s biggest buyer, and as Malaysia’s currency advanced the most in almost a month against the dollar, reducing the appeal of ringgit-denominated futures.
Tree-Free Paper Puts Positive Spin On Palm Oil Wastes
3/06/2013 (EarthTechling) - Often disguised as vegetable oil, palm oil exists in almost every processed food and many personal care products on the market today. Almost all palm oil used today originates in Indonesia and Malaysia. Although these countries depend on the revenue from exportation, their zeal to produce more of this oil is decimating vast areas of pristine rainforest.
Making The Right Choice on Indonesia’s Forest Moratorium
03/06/2013 (Jakarta Post) - Ending months of uncertainty, President Susilo Bambang Yudhoyono of Indonesia made a courageous decision last week to extend the country’s forest moratorium. The new Presidential Instruction adds another two years of protection for over 43 million hectares of primary forests and peat land — an area the size of Japan.
Cooking Oil Industry Proposes New Tax Structure
03/06/2013 (The Nation) - The cooking oil and ghee industry, in its budget proposals for 2013-14, has recommended the new structure of income tax and federal excise duty (FED) to the Federal Board of Revenue, urging the authorities to abolish Section 65D of Income Tax Ordinance, 2001 with a view to avoid revenue loss to existing ghee manufactures.
Tackling Stroke With Palm Vitamin E Tocotrienols
03/06/2013 (The Star) - Recent studies conducted by the Ohio State University have found that a natural compound of vitamin E called alpha-tocotrienols may play a role in reducing stroke-related damage.
Government Hikes Import Tariff Value of Gold to $459/10 Grams
03/06/2013 (Times of India) - Keeping in view the volatile price trend in global bullion market, the government has raised the import tariff value of gold to USD 459 per 10 grams, while it has been slashed at USD 737 per kg for silver imports.
