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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
Destructive Legacy of Sumatra\'s Palm-Oil Plantations, Part 1: Saving Species
30/10/2010 (Eco Heart.com) - In response to rapid population growth in Asia and increasing demand in the Western world for trans-fat-free oils, the market for palm and palm kernel oil has exploded over the past thirty years. Palm-oil plantations grew from about 400 square miles in 1973 to almost 12,000 square miles by 2003. As a result, a virtual who's who of charismatic wild animals, including Sumatran tigers, orangutans and rhinos, and Asian elephants, are paying the price as their habitat is cleared to make way for palm-oil plantations.
IOI Corp to expand palm oil ops in China
30/10/2010 (The Star Online), Putrajaya - Second-largest listed palm oil planter in Malaysia IOI Corp Bhd is looking to expand into China’s downstream business of palm oil when the timing is right.
Palm Oil Drops on Discount to Soybean Oil, Cools 9-Week Rally
29/10/2010 (Bloomberg) - Palm oil declined from a 27-month high after trading at the smallest discount to soybean oil in three weeks, dimming its allure as a substitute.
Emotional call for palm oil industry to address environmental problems
29/10/2010 (Proyecto Asis) - During what was at times an emotional speech, Sabah's Minister of Tourism, Culture, and Environment, Datuk Masidi Manjun, called on the palm oil industry to stop polluting rivers and work with NGOs to save orangutans and other wildlife. He delivered the speech on the first day of an Orangutan Conservation Colloquium held in early October in the Malaysian state of Sabah on the island of Borneo.
Palm oil futures extend losses on stronger dollar
28/10/2010 (Business Times) - MALAYSIAN palm oil extended losses yesterday and China’s soyoil market tumbled from two-year highs as a stronger dollar made commodities priced in the currency expensive and unattractive as an inflation hedge.
Scientists blast greenwashing by front groups
27/10/2010 (Mongabay) - A group of prominent scientists has published an open letter challenging the objectivity of World Growth International, an NGO that claims to operate on behalf of the world's poor, and its leader Alan Oxley, a former trade diplomat who also chairs ITS Global, a marketing firm.
Lessons from the palm oil showdown
27/10/2010 (Guardian) - Palm oil has been a big issue on the sustainability agenda for many years now. Despite the best efforts of the Roundtable on Sustainable Palm Oil (RSPO), and genuine improvements in responsible sourcing by several major brands, there are still serious issues around lack of transparency, deforestation, and threats to biodiversity.
Food Industry Leaders Gather at German Sustainable Palm Oil Seminar
27/10/2010 (Flex News Food) - Today, a seminar on sustainable palm oil under auspice of the Roundtable on Sustainable Palm Oil (RSPO) was held in Düsseldorf/Neuss, Germany. The seminar was organized by IOI-Loders Croklaan Europe, an executive board member of the RSPO.
Cargill mulls scheme aimed at saving Indonesia forests
27/10/2010 (Reuters) - Agribusiness giant Cargill Inc may well become the first major palm oil buyer to invest in a carbon credit scheme that rewards nations like Indonesia for preserving forests, a key official said on Wednesday.
