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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
Ruchi, Godrej Plan More Oil Palm Plantations
29/03/2011 (Business Standard) - Edible oil producing companies such as Ruchi Soya and Godrej Agrovet are planning to expand their raw material sourcing base. The Rs 300 crore subsidy for developing oil palm plantations in the new Union budget has provided another impetus to producers in this regard.
Dairy Prices Expected To Rise
29/03/2011 (The Star) - The increases in dairy raw material prices may potentially drive up prices of dairy products if the high commodity bill continues.
Pak Palm Oil Import To Pick Up In April
28/03/2011 (The Nation) - Pakistan may import up to 150,000 tonnes of palm oil in April because of less carry over stock, but buying will slow down during the peak summer months of May and June, a top industry official said on Friday.
Palm Oil Declines For Fifth Day
28/03/2011 (Business Times) - Palm oil dropped for the fifth day on concerns that a decline in exports from Malaysia may boost stockpiles of cooking oil in the world’s second-biggest producer.
Palm oil Giants Target Africa In \'Land Grab\' Following Indonesia Deforestation Ban.
28/03/2011 (The Ecologist) - Indonesia's move to bring in a two-year moratorium on new palm oil plantations to protect its remaining rainforests has seen agribusiness giants like Sime Darby switch expansion plans to Cameroon, Ghana and Liberia.
EU Help On Conservation Lauded
28/03/2011 (Daily Express) - Datuk Seri Musa Aman said he is satisfied with the assistance provided by European Union member states towards Sabah's conservation efforts.
A Shot In The Arm For CSPO
23/03/2011 (The Star) - The upscale revamp of Kuala Lumpur-based Roundtable on Sustainable Palm Oil (RSPO) secretariat, under the stewardship of new secretary-general Darrel Webber, is poised to better position the certified sustainable palm oil (CSPO) initiative to attain more credence and expanded market penetration worldwide.
Investing in Palm Oil Plantation.
28/03/2011 (BusinessDay) - Palm oil is native to West Africa. Nigeria used to be the world’s largest producer of oil palm before the oil boom era, but Malaysia has now taken the leading position. Oil palm plantation and allied industries is now the main stay of the Malaysian economy. The palm tree can be used in various ways: the leaves are used in making brooms and for roofing materials (in the rural areas). The bark of the fond can be peeled and woven into baskets, the main trunk can be split like sawn timbers and used as part of building materials, while palm wine can also be obtained from the palm tree, as well as red palm oil, which is readily obtainable from the fresh fruit bunches.
‘Abolish Windfall Tax’ Call
25/03/2011 (The Star) - The plantation sector, one of the most heavily-taxed sectors in the country, is urging the Government to seriously re-consider abolishing or reviewing the imposed crude palm oil (CPO) windfall profit tax (WPT) for the sector.
