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Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
Gapki warns of sharp production losses
El Nino, biodiesel demand support CPO prices despite rising stocks
Aceh Chief Sued Over Plantation In Forest
26/11/2011 (Jakarta Globe) - A leading environmental group is suing Aceh Governor Irwandi Yusuf for allegedly approving a permit for an palm oil plantation inside a protected peat forest.
National Budget 2012
26/11/2011 (Fijivillage) - The 2012 National Budget has seen major cuts in personal and corporate taxes, targeted tax increases for luxury items and the introduction of some new levies to provide expanded services to the people.
Sarawak Plant Posts Higher Q3 Pre-tax Profit
26/11/2011 (Business Times) - Sarawak Plantation Bhd posted an increased pre-tax profit of RM83.233 million for the first nine-months of 2011, compared with the RM41.824 million last year. Revenue also rose to RM367.746 million from the RM225.223 million recorded in the corresponding period in 2010.
VEGOILS-Palm Falls To Two-week Low on Global Economic Woes
25/11/2011 (Reuters) - Malaysian palm oil futures dropped to their lowest in two weeks on Thursday as weak global economic sentiment weighed, with an unsuccessful German bond sale adding to worries that the Europe debt crisis was deepening.
Palm Oil Orders Cancelled As China Prices Fall
25/11/2011 (Financial Times) - Chinese traders have cancelled orders for more than 300,000 tonnes of palm oil imports, according to a government report, as slower-than-expected demand growth has depressed Chinese domestic prices for palm oil.
Q+A-Indonesia Palm Olein Futures May Hit A Wall On Thin Data
25/11/2011 (Reuters) - Indonesia plans to roll out a new palm olein futures contract next year, its third try at pricing the market just as Jakarta uses lower export taxes to supply more refined products of the edible oil globally.
Crude Palm Oil Futures Remain Weak on Global Cues
25/11/2011 (Business Standard) - Crude palm oil remained weak and prices edged lower by Rs 4 to Rs 519 per 10 kg in futures trade today, as speculators offloaded their positions tracking a weak trend overseas.
Palm Oil Industry Shifts Gears, Commits To Market Transformation
25/11/2011 (WWF International) - The 9th annual Meeting of the Roundtable for Sustainable Palm Oil (RSPO) concluded today with a vote at the General Assembly (GA) where most RSPO members present supported a new vision for the organization – to transform the palm industry into one where sustainability becomes an everyday practice for all.
Going Beyond The Law To Spur Sustainable Palm Oil
25/11/2011 (Jakarta Post) - When the Indonesian government and the private sector announced in late 2009 a broad plan to launch a sustainable palm oil scheme, it was immediately welcomed.
