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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Palm-Oil Exports From Malaysia Seen Climbing 10% on Increased Asian Demand
17.02.2012 (Bloomberg) - Palm-oil exports from Malaysia, the second-largest producer, may climb as much as 10 percent this year, expanding faster than local output and helping to drive down stockpiles and support prices, an industry group forecast.
Palm Oil Slips
17/02/2012 (Business Recorder) - Malaysian crude palm oil futures slipped on Thursday as a delay in a second bailout package for Greece raised investors' concerns, although losses were limited thanks to dry weather fears in soy-producing South America.
Govt All Set To Introduce Oil Palm Cultivation In DK, Udupi
17/02/2012 (Deccan Herald) - The Central and State government is all set to introduce oil palm cultivation in Dakshina Kannada and Udupi districts as an alternate to areca crops which are hit with yellow leaf and root grub diseases. However, the farmers in the districts do not seem to be keen in adopting oil palm cultivation in spite of the generous packages offered by the government.
President Upset with US’ Rejection of RI’s CPO
17/02/2012 (TEMPO Interactive) - President Susilo Bambang Yudhoyono says it is unfair that the US has rejected Indonesia’s crude palm oil (CPO).
Forest Clearing Blamed on Local Govt
17/02/2012 (Jakarta Post) - Local government officials may have accepted bribes from logging, mining and plantation companies in exchange for permission to clear forests, a top official has said.
Govt Criticizes America’s CPO Rules
17/02/2012 (TEMPO Interactive) - Although the export volume of Indonesia’s crude palm oil (CPO) to the US was only 62,000 of the total 16.5 million tons in 2011, the Agriculture Minister is worried that the US’ accusations will be followed by other countries.
Breakthrough In Sime Darby Discussions
17/02/2012 (The Inquirer) - An inter-ministerial team headed by the Land Commission at the weekend held talks with residents of the affected communities at the Sime Darby Plantation Company.
Felda Helps Canadian Farmers Expand Into Canola Cultivation
17/02/2012 (Bernama) - Felda Global Ventures Holdings Bhd's (FGV) Canada-based unit, TRT ETGO du Quebec Inc, has helped create greater awareness among Canadian farmers about the benefits of cultivating Canola, said Hulu Selangor Member of Parliament P. Kamalanathan.
Trade Volume Between Pakistan, Indonesia May Touch $2 Billion Mark
17/02/2012 (Business Recorder) - The trade volume between Pakistan and Indonesia will likely to touch $2 billion mark in a year after the implementation of Preferential Trade Agreement (PTA), said Ambassador of Indonesia Ishak Latuconsina on Thursday.