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MARKET DEVELOPMENT
05-10-2010

Firm vegetable oil prices, including palm oil, seen in H1 2011

05/10/2010 (The Star Online), Kuala Lumpur - Global vegetable oil prices, including that of crude palm oil (CPO), are expected to remain firm in the first two quarters of 2011 should soybean production from South America stays flat due to stagnating planted areas, said Malaysian Palm Oil Council (MPOC) chief executive officer Tan Sri Dr Yusof Basiron.

MARKET DEVELOPMENT
05-10-2010

Landbank allots P50B to food program

04/10/2010 (Business Insight) - The Land Bank of the Philippines (Landbank) yesterday said that it has allocated P50 billion for the Food Supply Chain Program in support of the governmentâ€™s thrusts of attaining food self-sufficiency and increasing agricultural productivity.

MARKET DEVELOPMENT
05-10-2010

The Body Shop sends clear message to palm oil suppliers

04/10/2010 (Carrentals) - UK cosmetics firm The Body Shop have cut commercial links with a major supplier of palm oil after allegations that the company is pushing for the eviction of hundreds of peasants in Columbia where they plan to develop a palm oil plantation.

MARKET DEVELOPMENT
05-10-2010

\'CPO prices to stay above RM2,600/tonne\'

04/10/2010 (Business Times) - The average price of Malaysia's crude palm oil (CPO) is projected to stay above RM2,600 a tonne for the rest of this year, supported by a firm crude oil price.

MARKET DEVELOPMENT
05-10-2010

Palm Oil Drops Most Since January as Weather Aids U.S. Soybean Harvesting

04/10/2010 (Bloomberg) - Palm oil fell the most in more than eight months, tracking losses in soybean oil, which plunged as dry weather allowed farmers in the U.S. to speed up harvests of the oilseed and rains helped crops in Brazil and Argentina.

MARKET DEVELOPMENT
05-10-2010

CPO trades down on sluggish demand

04/10/2010 (Commodity Online) - The crude palm oil futures witnessed a negative trend on Friday on follow through selling and taking cues from weak overseas market.

MARKET DEVELOPMENT
05-10-2010

How Green is Your Palm Oil?

05/10/2010 (Mother Earth News) - Used in everything from cookies to lipstick, palm oil is a common ingredient in many everyday items. Its use has doubled in the United States over the past four yearsâ€”mostly because its lack of trans fats makes it easier to label processed foods as â€œhealthy.â€ Unfortunately its popularity has lead to extensive destruction of tropical forests, which are being cleared to make way for oil palm trees.

MARKET DEVELOPMENT
04-10-2010

RM5 Million Allocation By Government For B5 Bleding Facilities

04/10/2010 (Bernama), Kuala Lumpur - The Government has allocated RM5 million to five petroleum companies to set up blending facilities and infrastructure to support the implementation of B5 biodiesel usage.

MARKET DEVELOPMENT
04-10-2010

Minister takes anti-palm oil activists to task

04/10/2010 (The Star Online), Kuala Lumpur - Plantation Industries and Commodities Minister Tan Sri Bernard Dompok has slammed non-governmental organisations (NGOs) and environmentalists for blindly alleging that the palm oil industry was responsible for the destruction of rainforests and orang utan habitats.

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