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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
VEGOILS-Palm Oil Ends Off 5-Month Low on Europe Fears
19/05/2012 (Reuters) - Malaysian palm oil futures ended almost flat on Friday after hitting a near 5-month low, as lingering worries over Greece\'s potential exit from the euro zone dampened investors\' risk appetite.
Palm Oil Industry Hires Lobbying Powerhouse To Overturn EPA Ruling on Biofuels
19/05/2012 (Mongabay.com) - The palm oil industry has hired lobbying powerhouse Holland & Knight to help overturn the Environmental Protection Agency’s finding that palm oil-based biodiesel fails to meet greenhouse gas emissions targets under the country's Renewable Fuels Standard, reports The Hill.
Cameroon Palm Oil Production To Hit 265,000 Tons
19/05/2012 (Coastweek) - Palm oil production in Cameroon will increase by 55,000 tons to 265,000 tons this year, up from last year’s 210,000 tons, thanks mainly to an increase in output from small-scale farmers in the Central African country’s southwestern and littoral regions, according to the Ministry of Agriculture and Rural Development (MINADER).
New Britain Palm Oil Completes Acquisitions
19/05/2012 (LDPBusiness) - New Britain Palm Oil has completed the acquisition of the remaining stakes in a palm oil concern based in Papua New Guinea.
Can Plan Based Biofuels Overcome Sustainability Concerns and Enter US Market?
19/05/2012 (Biofuels Digest) - In Washington, the Obama Administration will tussle shortly over the future of palm oil-based biofuels in the US. At issue: whether both direct and indirect land use change that is the result of palm’s expansion in Indonesia, should be enough to ban the otherwise climate-friendly feedstock from the US.
Palm Oil Has Biggest Weekly Loss in 5 Months on Europe Concerns
19/05/2012 (Bloomberg) - Palm oil had the biggest weekly decline in more than 5 months, on concern that Europe’s worsening crisis may stall global economic growth and cut demand for commodities.
BURSA MALAYSIA: Shares Likely To Dip Further
19/05/2012 (Bernama) - Shares on Bursa Malaysia are likely to dip further amid persistent worries over the global economy, analysts said.
Ghana: Cocoa and Palm Oil Crop Failures Linked to Pesticides
19/05/2012 (AllAfrica.com) - Accra — A primary reason for Ghana's cocoa and oil palm production decline is the killing of pollinating insects by pesticides used on farms, says a study.
VEGOILS-Palm Oil Rebounds After Sell-off; Greece Woes Weigh
18/05/2012 (Reuters) - Malaysian palm oil futures regained ground on Thursday after steep losses the previous day, but traders remained cautious on concerns a possible Greek exit from the euro zone could heighten risk of a global recession and hurt commodity demand.
