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Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm oil consumption forecast to increase
Palm oil inventories to stay elevated next year
CPO Reference Price Falls 3.9 Percent in December 2025
The Oil Palm Industry and REDD
03/12/2010 (Asia Sentinel) - Report seeks to block continuing UN-sponsored forest protection in Cancun. With a 12-day joint climate change summit underway in Cancun, Mexico attempting to make progress on REDD – Reduced Emissions from Deforestation and Forest Degradation – a palm oil industry group has issued a 38-page report saying that in fact conservation of forests in developing countries such as Indonesia will do more harm than good.
Palm oil import from Malaysia reaches $2b
03/12/2010 (The Daily Mail), Karachi - As import of palm oil from Malaysia has crossed to well over $2 billion per annum, the Malaysian Palm Oil Board (MPOB) has agreed to extend technical co-operation to Pakistan's growers of palm plants in coastal areas of Sindh and Punjab.
Indonesia\'s palm oil tax at comfortable levels: SMART
02/12/2010 (Reuters) - Indonesia's export tax on palm oil products remains at comfortable levels but any steps by the government to change the structure needs to equally benefit planters and refiners, a top planter said late on Thursday.
Crude palm oil remains higher on increased spot demand
02/12/2010 (Business Standard) - Crude palm oil prices rose Rs 4.50 to Rs 524.50 per 10 kg in futures trade today, as speculators created fresh positions on expectations of a firm trend in spot markets due to the ongoing marriage season.
Bali hosts 6th Indonesian Palm Oil Conference
02/12/2010 (The Jakarta Post) - Bali was to host a two-day national conference on palm oil in Nusa Dua, starting Thursday.
Indonesia files protest to World Bank, IFC on palm oil issue
02/12/2010 (Xinhua News Agency), Jakarta - Indonesia's Deputy Trade Minister Mahendra Siregar said on Thursday that he has filed a protest to the World Bank and the International Finance Corporation (IFC) related to a draft of the World Bank Group's Framework for Engagement in the Palm Oil, detikcom online news reported on Thursday.
Mandiri disburses Rp 30.2t in palm oil sector loans
02/12/2010 (The Jakarta Post) - Bank Mandiri says it has disbursed Rp 30.2 trillion (US$3.35 billion) in palm oil sector loans in the first nine months of 2010, up 35 percent from the same period last year.
Palm Oil Climbs to 28-Month High on Prospects for Higher Demand
02/12/2010 (Bloomberg) - Palm oil advanced for a fourth day to the highest price in more than two years on speculation that the global demand for vegetable oils will surpass demand.
Commentary: Palm oil farming harms orangutans
02/12/2010 (Daily Emerald) - Humans have a tendency to exploit until we deplete. We manipulate a resource until it is drained, or until the effects of its decline are so severe that we are forced to move on to another supply. A current resource that is caught in this cycle is the oil palm plant (Elais guineensis), in particular, the oil palm fruit. Because of its cheap price, high saturated fat levels (allowing it to withstand extreme deep frying and resistance to oxidation), low trans-fat levels, and its high levels of natural antioxidants, palm oil has become a popular resource. As of 2007, palm had the largest share of world vegetable oil production followed by soybean and canola oil.
