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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
Crude palm oil futures down 0.29% on global cues
24/08/2010 (The Economic Times), New Delhi - Crude palm oil prices moved down by Rs 1.20 or 0.29 per cent to Rs 409 per 10 kg in futures market today, as traders reduced their positions at the back of a weakening global trend.
Palm Oil Slides to Lowest Price in a Month as Soybean Oil Premium Narrows
24/08/2010 (Bloomberg) - Palm oil dropped after the discount to soybean oil narrowed to the lowest in more than four months, boosting the appeal of the rival oil for use in food and fuels as U.S. soybean supplies were forecast to increase.
Palm Oil Policy Must Focus On Poverty Alleviation
24/08/2010 (Scoop Indepent News) - “The World Bank’s framework for engagement in the palm oil sector must focus on sustainable economic development and poverty alleviation, not imposing developed world consumer’s attitudes on some of the world’s poorest producersâ€, said Tim Wilson, Director of the Sustainable Development project at the Institute of Public Affairs, today.
Malaysian planters urged to take cue from Sinar Mas case
24/08/2010 (The Star Online), Jakarta - Malaysian palm oil producers should heed the case of Sinar Mas Group where claims of forest destruction committed by its palm oil unit, PT Smart, led international consumer companies, including Unilever, to stop buying palm oil from the company, said environmentalists.
NESBD: 2010 economy to expand 7-7.5%
23/08/2010 (Bangkok Post) - The economy should show a total 7.0-7.5 per cent growth this year following a 10.6 per cent growth in the first half, National Economic and Social Development Board secretary-general Ampon Kittiampon said on Monday.
Edible oil prices edge up
23/08/2010 (The Daily Star) - The local edible oil markets may be feeling the heat of rising global palm oil prices, as the current price is 9.5 percent higher than mid-June's price.
Palm oil seeds to be imported from Indonesia
22/08/2010 (The Island) - Minister of Plantations, Mahinda Samarasinghe vowed to assist in the development of the plantations sector by providing beneficial policies. He urged the planters to play fair and assist in the country’s efforts to realise a strong economic growth.
Palm Oil Set for Biggest Weekly Loss in 10 Months on Soybeans
20/08/2010 (Bloomberg) - Palm oil futures had their biggest weekly decline in more than 10 months after rival soybean oil tumbled on expectation of a bigger U.S. crop and Asian importers slowed purchases.
Indonesia palm oil giant defends record
20/08/2010 (AFP) - Indonesia's biggest palm oil producer Friday rejected fresh allegations of illegal forest clearing after foreign auditors suggested it had misrepresented the findings of an independent investigation.
