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MARKET DEVELOPMENT
19-01-2010

Sainsbury Reports on CR as part of Quarterly Financial Updates

18/01/2010 (Environmental Leader) - With new figures showing that only 1 percent, or about 15,000 tons, of sustainable palm oil available on the market is being purchased, the World Wildlife Fund (WWF) says it will implement a buyerâ€™s scorecard over the next six months that will indicate whether or not the companies have fulfilled their commitments to purchase it.

MARKET DEVELOPMENT
19-01-2010

Committee negotiating with Chinese investors to purchase oil palm

18/01/2010 (Ghana News Agency) - The Ajumako-Enyan-Essiam District is currently negotiating with some Chinese investors to establish a permanent oil market to purchase palm oil produced in the District.

MARKET DEVELOPMENT
19-01-2010

Biodiversity nears \'point of no return\'

17/01/2010 (BBC News) - The decline in the world's biodiversity is approaching a point of no return, warns Hilary Benn. In this week's Green Room, the UK's environment secretary urges the international community to seize the chance to act before it is too late.

MARKET DEVELOPMENT
19-01-2010

Orang utan lovers cry foul

17/01/2010 (The Star Online), Kota Kinabalu - Orang utan conservationists are upset with World Growth, a US non-governmental organisation, for â€œdismissingâ€ the threat posed to the ape population by oil palm plantations.

MARKET DEVELOPMENT
19-01-2010

Orangutans vs palm oil in Malaysia: setting the record straight

16/01/2010 (Mongabay.com) - The Malaysian palm oil industry has been broadly accused of contributing to the dramatic decline in orangutan populations in Sabah, a state in northern Borneo, over the past 30 years. The industry has staunchly denied these charges and responded with marketing campaigns claiming the opposite: that oil palm plantations can support and nourish the great red apes. The issue came to a head last October at the Orangutan Colloquium held in Kota Kinabalu. There, confronted by orangutan biologists, the palm oil industry pledged to support restoring forest corridors along rivers in order to help facilitate movement of orangutans between remaining forest reserves across seas of oil palm plantations. Attending NGOs agreed that they would need to work with industry to find a balance that would allow the ongoing survival of orangutans in the wild. Nevertheless, the conference was marked by much of the same rhetoric that has characterized most of these meetings â€” chief palm oil industry officias again made dubious claims about the environmental stewardship of the industry. However, this time, there was at least acknowledgment that palm oil needs to play an active role in conservation.

MARKET DEVELOPMENT
19-01-2010

Edible oil drift on higher import, output concerns

16/01/2010 (PTI), New Delhi - Continuing their slide for the second straight week, edible oil prices fell up to Rs 200 per quintal at the wholesale oils and oilseeds market on selling by stockists, triggered by higher imports and weak global trend.

MARKET DEVELOPMENT
19-01-2010

Company seeks to log forest reserve for palm oil in Uganda

15/01/2010 (Mongabay.com) - A company in Uganda is pressuring the environment ministry to allow it to log a protected forest reserve to establish a palm oil plantation, reports The New Vision.

MARKET DEVELOPMENT
19-01-2010

India becomes largest buyer of palm oil

14/01/2010 (Mongabay.com) - New report documents billions of dollars in losses from Indonesia's reforestation fund between 1989 and 2009.

MARKET DEVELOPMENT
19-01-2010

India Imports Record Vegoils in 2009, Tops China

14/01/2010 (Flex News Food) - India reclaimed its position as number one edible oil importer in 2009, with purchases up 35 percent to a record 8.4 million tonnes on lower oilseed output and an appreciating currency.

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