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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
Vegetable-Oil Demand Rises Even as Prices Climb, Oil World Says
23/11/2010 (Bloomberg) - Global demand for eight vegetable oils including palm and soybean will exceed production for the first time in eight years in 2010-11, even with prices at a two- year high, Oil World said.
India Must Restore Import Duty on Cooking Oils, Trade Group Says
23/11/2010 (Bloomberg) - India, the biggest user of cooking oils after China, should restore taxes on imports to protect local oilseed farmers from cheaper overseas purchases of edible fat, a processors’ group said.
Downstream Palm Oil Industry Needs Incentives
23/11/2010 (TEMPO Interactive), Jakarta - The Coordinating Minister of the Economy, Hatta Rajasa, said that downstream palm oil industry needs incentives because of its high export value. “People are not motivated to build the downstream industry,†said Hatta yesterday.
Palm, Soybean Oils Decline on Concern China May Reduce Imports
23/11/2010 (Bloomberg) - Palm oil declined for a second day to the lowest level in three weeks on concern that China may reduce imports as the world’s biggest consumer of cooking oils takes steps to cool food prices.
Indonesia\'s billion-dollar forest deal in danger
23/11/2010 (AFP), Jakarta - Greenpeace on Tuesday warned that a billion-dollar deal between Norway and Indonesia to cut carbon emissions from deforestation is in danger of being hijacked by timber and oil palm companies.
8,797 farmers get palm oil certificates
23/11/2010 (The Jakarta Post), Jakarta - Thousands of small-scale farmers have received sustainable palm oil certificates from the Roundtable on Sustainable Palm Oil (RSPO), showing their ability to meet international standards on sustainable palm oil, a minister says.
As Kerala food secy, CVC had given nod for palm oil import on higher prices
23/11/2010 (Times Of India), Kochi - The vigilance case against the CVC P J Thomas dates back to 1991-92 when he was secretary, food & civil supplies, Kerala government. Congress's K Karunakaran was the CM and the state government had decided to import palm oil from a Singapore firm.
VIEWPOINT: HECO continues to push palm oil importation issue
22/11/2010 (Maui News) - In early 2007, Hawaiian Electric Co. and subsidiary Maui Electric Co. announced plans by BlueEarth Biofuels to construct a mega-sized palm oil refinery on Maui, which would have been the largest in the world. Since that time, several respected Hawaii environmental and cultural groups have raised a red flag against the idea of importing Malaysian palm oil to Hawaii.
Palm Oil Slumps Most in 15 Months as China Moves to Curb Prices
22/11/2010 (Bloomberg) - Palm oil plunged the most in more than 15 months on concern that China’s plans to cool domestic prices by selling cooking-oil stockpiles will reduce demand from the world’s biggest user of the commodity.
