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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
Another Giant Bets on Palm Biodiesel in Brazil
07/05/2010 (Gerson Lehrman Group) - Following Vale's steps, Petrobras, the Brazilian oil company, will invest in the production of biodiesel based on palm oil. The goal: supply the European biofuel market in 2014 and onwards. This is good news - for everyone.
Cargill denies allegations of illegal deforestation for palm oil production
07/05/2010 (AP Food Technology) - Cargill has denied allegations made by the Rainforest Action Network (RAN) which claims that the company has destroyed rainforest for its palm oil plantations.
Ivory Coast palm oil firm to cut emissions
07/05/2010 (Reuters), Abidjan - Ivory Coast's top palm oil producer has joined forces with Swedish carbon offset firm Tricorona to replace its fossil fuel inputs with waste wood chips and palm kernels, the firm said.
Jakarta, Kuala Lumpur agree to deal with campaigns against palm oil
07/05/2010 (ANTARA News), Yogyakarta - Indonesia and Malaysia, the world`s two largest palm oil producers, agreed at a meeting here on Thursday to deal with negative campaigns against the two countries` palm oil industry.
Brazil Announces Plan For Sustainable Palm Oil
06/05/2010 (Tree Hunger) - Palm oil production has long been a contentious issue and a double-edged sword. On the one hand, the oil's renewable source and application as biofuel make it an appealing alternative, but on the other, some of the most devastating deforestation has occurred to cultivate it. But in a policy move designed to both protect its remaining forests and replenish parts already lost, Brazil announced today a plan to expand its palm oil cultivation into previously deforested regions, promising a sustainable alternative to the destructive methods practiced in other parts of the world.
Unilever pledges to continue to buy CPO from Indonesia
06/05/2010 (The Jakarta Post) - Unilever, the world’s biggest purchaser of palm oil, says it will continue to buy at least 65 percent of the company’s crude palm oil (CPO) from Indonesia despite suspending orders from massive palm oil producer PT Sinar Mas Agro Resources and Technology (SMART).
Oil palms and profits from energy demand
06/05/2010 (Economic Times) - Baby vegetables may have glamour. But oil palms – nerdy tropical trees with oily fruit – have won the corporate farming sweepstakes. Oil palm plantations have become to cooking oil companies what coal blocks are to power plants: a sure-shot bet on India’s exploding energy demand.
Malaysia, Indonesia palm oil groups unite against critics
05/05/2010 (AFP), Kuala Lumpur - Palm oil producers from Malaysia said Wednesday they had formed a coalition with their counterparts in Indonesia to counter intensified campaigns that blame the industry for rapid deforestation.
A News Analysis
05/05/2010 (Bernama), Kuala Lumpur - Malaysia's palm oil industry is worth about RM50 billion annually and chances are that revenue may even touch RM60 billion this year, if current prices remain steady until the end of the year.
