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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
We must reap the benefits of palm oil, but manage the environmental costs
13/07/2010 (Guardian.co.uk) - From the margarine we eat to the wheels on our cars to the shampoo in our showers, palm oil is everywhere. That's why we must strive to make it sustainable, says Caroline Spelman, secretary of state for the environment.
Morning markets: US crop report overshadows La Nina fears
09/07/2010 (Agrimoney) - Crops made a tentative start to the day, as the prospect of influential data later distracted Chicago investors from their adjustments to weak reports on foreign wheat, and a campaign to reinject premiums into prices.
Ministry Denies Extending Moratorium of Palm Oil
13/07/2010 (TEMPO Interactive), Jakarta - The Forestry Production Management director-general, Hadi Daryanto, denied the news that the forest conversion moratorium to make way for palm oil plantation was extended from two years to five years. The moratorium is linked to the letter of intent (LoI) between Indonesia and Norway.
Palm oil research project launched by government
13/07/2010 (BBC News) - A research project into the use of palm oil in the UK is being launched by the government.
Planters should learn from Sinar Mas incident
13/07/2010 (The Star Online) - SERIOUSLY speaking, no oil palm planter wants to be faced with a similar predicament experienced by Indonesian plantation group Sinar Mas over the past six months.
A View from Britain: Greenwashing Profiteers
12/07/2010 (Triple Pundit) - In recent years, Britain has established itself as a forerunner in ethical consumer consciousness due to our keen awareness of green products. With “expenditure growing threefold in the last 10 years†according to Co-operative’s 2009 ethical consumerism report, our response to eco and ethical produce has been unequivocal, especially when it comes to food. As the leader of the pack, Fairtrade works towards social and economic change for farmers and their communities. Since its conception 18 years ago it has been steadily, but noticeably infiltrating our purchasing habits. Yet it wasn’t until the 2000′s that Fairtrade really took off, proudly announcing a staggering 30-fold increase in purchases over the last 10 years.
Greenwashing Profiteers: Part II
12/07/2010 (Triple Pundit) - In terms of money, both Cadbury and Nestlé are hardly without the means to sort questions over their operations; with a turnover of £6 billion (USD$9 billion) last year, Mr. Cadbury took home £808 million (USD$1.2 billion) in profit, whilst Mr. Nestle took a staggering £6.2 billion (USD$9.3 billion) home, just under 10% of their annual turnover. Although both are putting money into their self-policed Cocoa Plans over the next 10 years, in the case of Nestlé, it only represents a measly 1% of their annual turnover spread across the duration of the project, so it’s hardly breaking the bank.
Research to look at UK palm oil use
12/07/2010 (ITN) - A research programme is set to examine the extent that palm oil is used by UK consumers in an attempt to stop deforestation, the Government has announced.
Degraded Land, Sustainable Palm Oil, and Indonesia’s Future
13/07/2010 (World Research Institute (WRI)) - A new policy to develop oil palm on degraded land could protect Indonesia’s forests. But what does “degraded†really mean?
