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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\'s SMART Says Unilever Resumes Palm Oil Buys
19/10/2011 (Reuters) - Anglo-Dutch consumer goods giant Unilever (UNc.AS) has resumed palm oil purchases from Sinar Mas Agro Resources and Technology (SMART) after the planter adopted new green policies, the Indonesian palm oil firm said late on Monday.
The Co-operative Certifies All Palm Oil Use as Sustainable
19/10/2011 (FoodBev.com) - The move by the consumer-owned retailer will help to protect endangered species, such as the orang-utan and the Sumatran tiger and safeguard the future of smallholder farmers.
Shipping Activity at Port Qasim
19/10/2011 (APP): Three ships scheduled to load/offload cement, phosphoric acid and furnace oil were berthed at Multi Purpose Terminal, Engro Vopak Terminal and FOTCO Oil Terminal respectively on Monday, October 17.Meanwhile two more ships carrying containers and palm oil also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy remained at 54% for 2nd consecutive at the Port where a total of eight ships namely M.V Opal-II, M.V Sargodha, M.V Amira Dino, M.V Silver Star, M.V Lord Byron, M.T SC Belhai, M.T Bum Young and M.T Sea Sky are currently occupying berths to load/offload cement, rice, sunflower seeds, palm oil, chemicals and furnace oil respectively during last 24 hours.
Michelmores Advise on $20m African Investment
19/10/2011 (Insider Media) - Solicitors from the Exeter and London offices of Michelmores LLP have played a lead legal role in a $20m (£12.68m) investment in Goldtree, a palm oil plantation and milling project in Sierra Leone.
KLCI Falls 1.89%as Asian Equities Retreat
19/10/2011 (The Edge Malaysia) - External factors, including a slowdown in China’s quarterly gross domestic product growth as well as the German finance minister’s caution against hopes for a quick fix to Europe's debt problem, dragged Asian markets deeper into the red on Tuesday, Oct 18.
How Social Media is Changing the Nature of Green Campaigns
19/10/2011 (Forbes) - I was researching the role of sustainability in business a while back, looking for instances that show that corporate social responsibility goes well beyond philanthropy, when I came across the Nestle incident from early 2010. Nestle was forced to confront the fact that its use of palm oil was linked to deforestation in Indonesia. This revelation was prompted by a massive online protest led by Greenpeace. At first glance, this was a campaign led by a green activist organization and a clear example of how the world expects businesses to stay in line with their impact on the environment. But as I thought more about this incident, I realized that there are deeper insights to be gathered here.
Palm Oil to Fall To 2,776 Ringgit/T
19/10/2011 (Business Recorder) - Malaysian palm oil is expected to fall to 2,776 ringgit per tonne, as a long-term downtrend has resumed after a rebound from the Oct. 6 low of 2,754 ringgit.
Select Edible Oils Fall on Sluggish Demand, Global Cues
19/10/2011 (MSN) - Select edible oil prices fell up to Rs 50 per quintal on the wholesale oils and oilseeds market today owing to slackness in demand at prevailing levels amid weakening global trend.
Urgent Need for Govt to Help Hard-pressed Palm Oil Players
18/10/2011 (The Star) - Since early this year, there have been many SOS calls seeking the Government to address the adverse impact of Indonesia's palm oil export duty structure on export competitiveness of local palm oil downstream industries.
