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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
‘Ministry to assist Unimas treat oil palm wastes’
11/08/2010 (Borneo Post Online), Kuching - The Ministry of Energy, Green Technology and Water will help University Malaysia Sarawak (Unimas) develop state-of-the-art technology to treat oil palm wastes.
Audit finds palm oil company destoryed peatlands, but not primary forest
10/08/2010 (Mongabay.com) - An environmental audit of palm oil company, PT SMART, found that the company had not cut primary rainforest, yet had destroyed carbon-rich peatlands; however the audit analyzed only 40 percent of PT SMART's holdings and investigated none of its plantations in New Guinea. A subsidiary of agricultural giant Sinar Mas, PT SMART has been accused in a number of reports by Greenpeace of both destroying high conservation value forests and draining peatlands. Greenpeace's reports caused both food giants Unilever and Nestle to drop PT SMART as a supplier of their palm oil, while Cargill stated it would wait to hear the results of the audit. Given the audit's results, both sides are claiming victory.
Palm oil the new cure?
11/08/2010 (Asia One Health), George Town - Palm oil is set to shed its negative image as more scientific researches on the commodity revealed its potential as a cure for many illnesses.
Veg oil prices may rise if Mumbai port doesn\'t reopen soon
11/08/2010 (Business Standard) - Edible oil prices remained stable in the physical market here today, despite a steep fall in palm oil prices abroad. Traders held stocks in anticipation of a price rise, as the closure of the Mumbai port since the weekend is thought to have squeezed supply in Maharashtra and neighbouring states.
UK biodiesel power project in jeopardy over palm oil
10/08/2010 (Biofuels Digest) - In the UK, a proposed biodiesel-run power plant in Bristol is under fire because campaigners are claiming that the palm oil used to generate electricity would cause environmental damage. Planning permission was denied in February by city councilors, which has triggered a public enquiry.
Palm Oil Tumbles Most in More Three Months on Decline in Malaysian Exports
10/08/2010 (Bloomberg) - Palm oil plunged the most in more than three months after reports showed that shipments from Malaysia, the second-biggest producer, declined this month.
Palm oil giant hits back at Greenpeace
10/08/2010 (The Sydney Morning Herald) - Indonesia\'s biggest palm oil producer says it has been cleared of allegations made by environmental group Greenpeace that it had destroyed high conservation-value forests on Borneo.
Soyoil retreats from 15-month high; rapeseed up
10/08/2010 (Economic Times), Mumbai - Indian soyoil futures eased on Tuesday, after reaching their highest level in nearly 15 months in the previous session, as weakness in palm oil prompted profit-taking, analysts said. Soybean futures also fell on profit-taking driven by higher acreage under oilseeds and favourable weather, but an improvement in meal exports limited the downside. Rapeseed futures erased early losses and rose nearly 1 percent on strong demand and an estimated fall in the output, they said.
USM Studies Palm Oil Extract For Chronic Disease
10/08/2010 (Bernama), George Town - Universiti Sains Malaysia (USM) is in the midst of studying the use of the palm oil extract known as tocotrienol in the treatment of chronic diseases such as non-alcoholic fatty liver disease (NAFLD).
