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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Indonesia Chooses Serbia As Regional Distribution Center
06/07/2012 (B92) - The Indonesian government reached a decision on Thursday by which Serbia will become distribution center for Indonesian strategic raw materials.
VEGOILS-Palm Oil Slips Off 5-week High, US Drought Supports
05/07/2012 (Bloomberg) - Malaysian crude palm oil futures edged lower on Thursday, off a five-week high, as traders booked profits from a weather-fuelled rally that had boosted prices by more than 3 percent this week.
Forest Activists United and NGOs Refute Herakles Farms Claims on Its Oilpalm Plantation in Cameroon (Press Release)
05/07/2012 (SBWIRE) - An international coalition of non profit groups and online activists Forest Activists United issued a rebuttal to a press release from Herakles Farms today. The original press release issued by Herakles Farms , a US company that owns SG Sustainable Oils Cameroon ( SGSOC ) spoke in glowing terms of its proposed palm oil plantation in Cameroon.
Palm-Oil Boom Raises Conservation Concerns
05/07/2012 (Nature.com) - Palm oil was once touted as a social and environmental panacea — a sustainable food crop, a biofuel that could help to cut greenhouse-gas emissions and a route out of poverty for small-scale farmers. In recent years, however, a growing body of research has questioned those credentials, presenting evidence that palm-oil farming can cause damaging deforestation and reduce biodiversity, and that the oil’s use as a biofuel offers only marginal benefits for mitigating climate change.
Woman Farmer Extracts Record Oil Palm Yield From a Hectare
05/07/2012 (The Hindu) - Whatever the crop, it is the price that matters to farmers. “Getting a good price is essential for a farmer and especially for those growing crops like oilpalm, the price to a large extent depends on the international market over which we may not have much control.
Ivory Coast Palmci Q1 Net Result Down 45 Pct Yr/Yr
05/07/2012 (Reuters) - Ivorian natural palm oil producer Palmci said on Wednesday that net result for the first quarter of 2012 was down 45 percent to 9.87 billion CFA francs ($18.82 million) from 17.91 billion in the same period last year.
Planters Gain on Higher Palm Oil Prices
05/07/2012 (Business Times) - TH Plantations Bhd advanced 2.2 percent to RM2.36 in Kuala Lumpur trading at 10.04am, bound for its steepest increase since June 19.
WRAPUP 1-Southeast Asia Consumers More Confident Despite Global Woes
05/07/2012 (Reuters) - Consumer confidence in Thailand and Indonesia climbed in June while Malaysian imports in May smashed forecasts, highlighting Southeast Asia's resilience to the global economic downdraft as strong domestic demand helps offset weaker exports.
Feronia – A World Class Palm Oil Producer in The Making
05/07/2012 (Proactive Investors UK) - Ravi Sood, Chairman of Feronia, talks about the highest yielding vegetable oil, a $100 Billion market by 2020, price not dipping below the marginal cost of production in the last 30 years, replanting existing plantations, no deforestation, low costs, a 3rd palm oil mill under construction, and a 107,000 hectare concession (June 2012).
