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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
General Mills Ditches Dirty Palm Oil
23/09/2010 (Fast Company) - Sinar Mas, the now notorious purveyor of palm oil, just lost another customer.
General Mills commits to 100 percent sustainable palm oil by 2015
22/09/2010 (General Mills) - General Mills said today it will “strive to source 100 percent of our palm oil from responsible and sustainable sources by 2015.â€
Palm Oil Climbs as Weather Threatens Oilseeds in China, India
22/09/2010 (Bloomberg) - Palm oil climbed on speculation that China and India, the biggest users, may boost imports as adverse weather threatens to damage local oilseed crops, and as a weaker dollar improved the investment appeal of commodities.
Palm oil can be produced responsibly
19/09/2010 (Neste Oil) - The last couple of weeks have again witnessed a major anti-palm oil campaign by Greenpeace in Finland’s largest cities, based on claims that the use of palm oil as a raw material for producing fuel is destroying the world’s rain forests.While it is true that palm oil is not always produced in a way that respects nature and that bad practices in the field continue to exist, there are a number of responsible players in the business that have systematically developed production methods that meet responsible criteria and have helped set higher standards in the industry.
Oil palm plantations on peatlands won\'t get carbon credits under CDM
19/09/2010 (Mongabay.com) - Plantations on peatlands will no longer be supported by the Clean Development Mechanism (CDM), a framework for industrialized countries to reduce their emissions via projects in developing countries, reports Wetlands International.
Swashbuckling Greenpeace affecting poor Indonesians
18/09/2010 (Deforestation Watch) - Indonesia's palm oil industry that has been supporting the livelihoods of 2.8 million families or close to 10 million Indonesians. However, of late, it has to cope with resisting attacks from green groups that has forced its own government's to adopt a forest moratorium plan and from foreign companies that have capitulated to these green groups to stop buying crude palm oil (CPO). The moratorium obligation against the clearing of primary forests and peat lands set in a Letter of Intent (LoI)signed between Indonesia and Norway is expected to pose problems for the country's palm oil industry as the policy is regarded as counter-productive and an impediment to the country's status as the world's largest CPO producer.
Crude palm oil futures recover on spot demand
16/09/2010 (Press Trust of India) - Crude palm oil prices recovered by Rs 2.70, or 0.65 per cent, to Rs 416.90 per 10 kg in futures market today, as speculators created fresh positions after an improvement in demand in the spot market.
Crude palm oil futures dip 1.39 pc on lower global trend
15/09/2010 (PTI), New Delhi - Crude palm oil prices dropped by Rs 5.70, or 1.39 per cent, to Rs 405 per 10 kg in futures trade today, as traders and speculators reduced their positions, driven by a weakening trend in global markets.
Drive to clean up palm oil sector to raise prices
14/09/2010 (Agri Money.com) - A slowdown on palm oil plantings forced by environmental lobbyists is likely to foster a long-term rise in prices of the vegetable oil, MP Evans said, forecasting that the trend would boost its own prospects.
