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Palm oil consumption forecast to increase
CPO Reference Price Falls 3.9 Percent in December 2025
Palm oil inventories to stay elevated next year
Palm Oil Extends Slide as Stronger Ringgit, Rising Stocks Pressure Prices
New CSPO Deal Means Palm Oil Certs No Longer Needed, Says NBPOL
13/05/2011 (foodanddrinkeurope.com) - A new deal is set to result in a huge injection of palm oil from certified sustainable sources into Europe and could spell the death knell for green certificates, said New Britain Palm Oil Limited.
Cooking Fat Manufacturers Race to Avert Shortage After Ship is Hijacked
13/05/2011 (Business Daily Africa) - Cooking oil manufacturers are racing to avert an impending shortage in the region following the hijacking by pirates of a ship carrying palm oil – a key ingredient used in manufacture of the product.
JTOP, GPCS Sign Agreement to Reduce Greenhouse Gases
13/05/2011 (The Borneo Post) - JT Oil Palm (JTOP) Development Sdn Bhd signed a biogas Clean Development Mechanism (CDM) project agreement with GenPower Carbon Solutions LP (GPCS) yesterday to create sustainable development.
Council To Counter Negative Publicity On Palm Oil To Be Operational By Year-End
13/05/2011 (Bernama) - The European Palm Oil Council (EPOC) is expected to be operational by year-end, said Plantation Industries and Commodities Minister, Tan Sri Bernard Dompok.
CPO Price Will Likely Be Above RM3,000 in Q2
12/05/2011 (Daily Express) - The crude palm oil (CPO) price is expected to trade above RM3,000 per tonne in the second half of this year despite falling commodity prices following a slowdown in global economic growth.
Palm Oil Attracts State Farmers
12/05/2011 (Deccan Chronicle) - An increasing number of farmers in Kerala are shunning traditional paddy cultivation and are instead taking to oil palm cultivation as it is more profitable, thanks to the subsidies given to them and the prevailing high prices in the market.
Empowering Smallholders ‘Key to Output’
12/05/2011 (Jakarta Post) - The Indonesian palm oil industry can increase its output by enhancing the productivity of smallholder plantations through intensification programs, an association executive says.
Palm Oil Use Increasing
12/05/2011 (Ceylon Daily News) - Use of palm oil in the country has rapidly increased due to the increase of coconut oil prices with the coconut shortage in the country, said Coconut Research Institute Acting Director Dr Jayantha Gunathilake. He said that there is a huge price difference between coconut oil and palm oil now. The price of coconut oil has increased also because of the high demand for it in the international market, he added.
Ecofuture Trading Suspended
12/05/2011 (The Star) - Trading in ACE Market-listed Ecofuture Bhd’s shares will be suspended from May 10 until further notice due to the company’s failure to submit its audited accounts for the financial year ended Dec 31, 2010.
