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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
Palm oil records steady growth in April
15/06/2010 (Solomon Star) - PALM oil production records a steady and mix growth in the month of April, according to the Central Bank monthly economic bulletin.
Noble Group invests in Indonesian palm oil producer
14/06/2010 (Channel News Asia), Singapore - Commodities player Noble Group has acquired a 51 per cent stake in Indonesia's PT Henrison Inti Persada to expand its edible oil supply chain and secure a continuous flow of crude palm oil.
Envoy: Biofuel exports to EU will grow
14/06/2010 (Business Times, Malaysia) - MALAYSIAN biofuel exports to the European Union (EU) will grow in the coming years, due to the renewable fuel policy which gives incentives to operators that produce sustainably, said the EU ambassador Vincent Piket.
Palm Oil Falls on Supply Concerns as Data Indicates Demand Drop
15/06/2010 (Bloomberg) - Palm oil futures declined on concern that supplies may increase in the coming months while a set of export data indicated a possible drop in demand from China, the biggest user of edible oils.
Palm Oil Industry Seeks Clarity From Officials Over Plantation Moratorium
13/06/2010 (Jakarta Globe) - The government’s plan to impose a moratorium on the development of peatland and primary forest areas as a follow-up to a conservation agreement with Norway has prompted the palm oil plantation business community to ask for official clarity on which areas can and cannot be developed.
Dompok: Palm Oil Exports, Earnings To Be Better This Year
12/06/2010 (Bernama), Kuala Lumpur - Malaysia's palm oil exports and earnings this year will be better than last year's due to growing demand for vegetable oil from countries like China, India and Russia.
Indonesia Plans Forest-Cutting Moratorium to Protect Palm Oil Industry
11/06/2010 (Voice of America) - Starting next year, Indonesia will impose a moratorium on new development projects in rain forest regions. It is part of a broad effort to both protect the country's vital palm oil industry, and its forests.
Palm Oil Extends Drop, Has Longest Losing Streak in Five Months
11/06/2010 (Bloomberg) - Palm oil futures fell a fifth day, the longest losing streak in five months, as seasonal supply concerns are compounded by record soybean harvests.
EU proposes sustainable biofuels guidelines; “Protectionism!†cries World Growth
11/06/2010 (Biofuels Digest) In Brussels, the EU Energy Commissioner presented the EU’s proposed guidelines on sustainable biofuels. The package includes three primary principles:
