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CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm oil consumption forecast to increase
Jaya Tiasa Spends RM173 Million To Further Develop Oil Palm Division
29/09/2009 (Bernama), Sibu - Another Sarawak timber and oil palm company has invested heavily in the oil palm industry.
Palm oil import to increase, become costlier
29/09/2009 (Daily Times), Karachi - Country’s palm oil products import bill for September-October 2009 will increase by around 10 percent on higher demand and rupee-dollar parity, importers said Monday.
Seventh Generation Commits to Sustainable Palm Oil by 2012
28/09/2009 (Environmental Leader) - Seventh Generation aims to exclusively use certified sustainable palm oil for its household products by 2012.
Anti- Palm Oil Campaign Unlikely To Have Immediate Impact On Exporters
29/09/2009 (Bernama), Bangkok - The anti-palm oil campaign by environmental groups is unlikely to have immediate effect on leading Malaysian and Indonesian exporters but could lead to trade and aid restrictions in future, the crop's pro-campaign group said Tuesday.
Palm oil plants
29/09/2009 (The Daily Star) - Palm Olin (locally we call palm oil) is a low cost edible oil. It is very suitable for human consumption from health point of view. Its yield per hector is much higher than all other known vegetables edible oils. The palm tree originated from the African continent. But at present Malaysia and Indonesia produce the largest quantity of palm oil systematically and export it to different countries. Developed high yield variety of plants when cultivated in a scientific way, discovered by research and development, has produced even a few tons of oil from a hector of land in a year in Malaysia. It has been proved that palm oil tree plantation is suitable for Bangladesh soil and climate. In the last decade Bangladesh imported more than one million tonnes of palm oil from Indonesia and Malaysia annually and the quantity is increasing with increase in per capita income over here. We have been consuming palm oil in the name of soybean oil as the traders sell palm oil as soybean oil. We knowthat palm oil is suitable for health and it also increases taste of food items.
Indo-ASEAN free trade agreement and beyond
28/09/2009 (Online Opinion) - In a major development, India and the ASEAN (Association of South-East Asian Nations) signed a Free Trade Agreement (FTA) in Bangkok on August 13, 2009. The FTA, restricted only to goods, is India’s first with a trade bloc and will cover 11 countries with a combined Gross Domestic Product of over US$2 trillion.
The Pitfalls of Palm Oil
30/09/2009 (The Green Girl) - During the approximately 8 hours we spent driving through Costa Rica we couldn’t help but notice the thousands of acres of perfectly aligned palm trees that seemed to spring up out of nowhere. I had read and heard about palm oil plantations devastating our endangered tropical ecosystems but these trees looked so natural in their full grown state that it was hard to imagine just how much pain they had caused their environment.
Palm Oil Must Drop to Lure Buyers, Mistry Says
28/09/2009 (Bloomberg) — Palm oil, the world’s most consumed vegetable oil, must drop to 2,200 ringgit ($642) a metric ton for demand to rebound amid a near-record stockpile, said Dorab Mistry, director at Godrej International Ltd.
India’s Cooking Oil Demand Growth to Slow After Record Increase
27/09/2009 (Bloomberg) - Vegetable oil demand growth in India, the biggest buyer after China, may slow from a record pace fueled by an import-tax waiver that pared costs and stoked consumption in Asia’s third-biggest economy.
