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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
FACTBOX-Malaysian PM Najib Razak\'s Promised Reforms
20/07/2011 (Reuters AlertNet) - Malaysian Prime Minister Najib Razak has promised a series of changes to overhaul the economy and public service to draw investment and transform the country into a high-income nation by 2020.
Palm Oil Drops as U.S., Europe Debt Crises Spark Demand Concern
19/07/2011 (Bloomberg) - Palm oil dropped for a second day, declining after reaching the highest level in more than three weeks, on concern that demand for the cooking oil may drop as Europe and the United States tackle debt crises.
RI’s Sustainable Palm Oil Certification Begins in August
19/07/2011 (Jakarta Post) - Indonesia, the world’s largest palm oil producer, will implement the Indonesia Sustainable Palm Oil (ISPO) certification next month, which will be mandatory for all oil palm plantations in the country, an official says.
M&As For Plantation Sector A ‘Distant’ Possibility
19/07/2011 (Borneo Post) - Ongoing talks on possible merger and acquisition (M&A) exercises appear to have trickled over to other industries apart from the much-hyped financial services sector.
Neste Oil Expands Input Stream To Include Jatropha, Camelina
19/07/2011 (Biodiesel Magazine) - In an effort to diversify its feedstock portfolio to allow for input flexibility, Neste Oil said it plans to use jatropha and camelina oils to produce its NExBTL renewable diesel fuel. By introducing these new raw materials in its feedstock base, Neste Oil will increase the proportion of nonfood materials and other inputs that can be grown in cultivated areas less suited for food crops.
Nigeria Spends N99.2tr on Food Importation, Says Agric Minister
19/07/2011 (The Nation Newspaper) - The Federal Government spent over N99 trillion on food importation between 2007 and 2010, the Minister of Agriculture and Rural Developments,Dr.Akinwumi Adesina, said yesterday.
EU Does Not Blink on Biodiesel Despite Climate Change Concerns
19/07/2011 (Biofuels Digest) - In Brussels, the EU will proceed with investment in the biodiesel sector despite a series of leaked EU reports that indicated palm oil, soybeans and rapeseed based biodiesel had a bigger overall impact than conventional diesel on climate change due to the forests and wetlands being destroyed to grow replacement food.
Hidden Carbon Emissions From Trade Offsets Impacts Of Reforestation
19/07/2011 (Eurasia Review) - Countries that appear to have reduced greenhouse gas (GHG) emissions through reforestation may have simply “displaced†the emissions to another country, by increasing their imports of food, timber and wood. A new EU study highlights the need to recognise this ‘loophole’ in ongoing emission targets.
Indonesia Appoints Auditors For Green Palm Oil Body
19/07/2011 (Reuters Africa) - Indonesia is forging ahead with its own green palm oil body to regulate and punish firms that do not adhere to environmental standards.
