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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
Malaysian Palm Oil Council Urges Aussie Parliament To Reject Bill
21/09/2011 (The Star) - Malaysian Palm Oil Council (MPOC) has urged the Australian Parliament to reject the Food Standards Amendment (Truth in Labelling - Palm Oil) Bill 2010.
Barito Pacific in $50m Diversifying Move Into Palm Oil, Coal Mining
21/09/2011 (Jakarta Globe) - Following similar recent moves by other firms, Barito Pacific, a holding company with petrochemical, wood and property development businesses, has set aside $50 million to expand into crude palm oil and coal mining.
Golden Agri Scheme Gains Traction
21/09/2011 (Financial Times) - Flayed by environmentalists, denounced by animal lovers and abandoned by western consumer products groups, Indonesia’s Golden Agri-Resources ought to be on its knees. So why is the country’s biggest palm oil producer by sales achieving soaring sales and record profits?
Up Import Duty on Refined Palmolein To 16.5%: SEAI To Govt
21/09/2011 (Moneycontrol.com) - Complaining against Indonesia's move to raise the export duty on crude palm oil (CPO) to 16.5%, Indian vegetable oil manufacturers and traders today sought similar import duty on refined Palmolein (RBD).
Higher Compounds, Fines May Stop River Pollution – BORA
21/09/2011 (Borneo Post) - Higher compounds and fines may be more effective in stopping recalcitrant palm oil mills that continually flout environmental laws and release high levels of pollution into the rivers.
Indonesia Raises Palm Oil Export Tax To 16.5% For October
21/09/2011 (Bloomberg) - Indonesia raised the tax rate for crude palm oil exports for October to 16.5 percent from 15 percent this month and kept the duty for cocoa bean exports at 10 percent, Deddy Saleh, director general for foreign trade at the Trade Ministry, said by mobile-phone text message today.
Exim Bank Evaluates RM500m in \'Green\' Loans
21/09/2011 (The Sun Daily) - Export-Import Bank of Malaysia Bhd (Exim Bank) is evaluating loan applications close to RM500 million for green technology projects in sync with the government’s call for financial institutions to support such projects.
VEGOILS-Weaker Ringgit Currency Props up Palm Oil
21/09/2011 (Reuters) - Malaysian palm oil futures inched up on Tuesday as the weaker ringgit made the vegetable oil cheaper to process at time when exports could start rising again ahead of an Indian festival and a national holiday in China.
Palm Oil Fuelling Scramble for Land in Africa
20/09/2011 (The International News Magazine) - 20 September 2011 Palm oil is expected to be the world\'s most produced and internationally traded edible oil by 2012. At what price? As foreign investors descend on Africa to develop large-scale palm oil plantations, the survival of local people is being threatened. They are losing control of the land and water on which they depend for their food production and livelihoods.
