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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
Indonesia to open new palm oil plantation in 2009
27/07/2009 (Xinhua) - Indonesia, the world largest palm oil producer, would increase its palm oil plantation by 400,000 hectares this year, Antara news agency reported here Friday.
EU offers incentives to eco-friendly palm oil producers
21/07/2009 (The Jakarta Post) - The European Union has pledged to offer incentives to Indonesia’s palm oil producers that promote an eco-friendly management to slash emissions.
CPO prices to remain flat due to slower demand
25/07/2009 (The Star Online), Petaling Jaya - Average crude palm oil (CPO) prices in the third quarter will likely hit RM1,700 to RM1,900 per tonne from earlier estimates of RM2,000 to RM2,200 due to unexpectedly high edible oils inventory in China and India, analysts said.
El Nino Is Back And There Will Be Impacts On Weather And Crops
23/07/2009 (Gerson Lehrman Group) - El Nino is now officially back. If it continues to strengthen it will impact weather and crops in some major growing areas around the world including India, Malaysia, Indonesia, Australia, Brazil and the USA. It is a question of how strong it gets and how long it lasts, but the first impacts appear to be visible already in India.
French consortium invests US$50 million in palm oil production in Sao Tome and Principe
23/07/2009 (Macau News), Sao Tome, Sao Tome and Principe - French consortium SOCSINCO plans to invest US$50 million in a palm oil factory at Roça Sundy, on the island of Principe, and refurbish the Ribeira Peixe oil factory, in Sao Tome, Portuguese news agency Lusa reported Wednesday.
India Monsoon Oilseeds Output May Decline, Supporting Palm Oil
23/07/2009 (Bloomberg) - India, the world’s largest vegetable oil buyer after China, may produce fewer oilseeds as dry weather in the biggest growing areas reduced monsoon sowing of peanuts, soybeans and sesame seeds.
World\'s largest palm oil firm to list China operations in HK
21/07/2009 (China Knowledge) - Singapore-based Wilmar International Ltd, the world's largest listed palm oil firm, plans to list its China operations in Hong Kong in the first half of next year, said unnamed sources, the South China Morning Post reported on Monday.
Palm Oil scorecard to rank major retailers, manufacturers and traders
21/07/2009 (The Star Online), Petaling Jaya - The world’s Palm Oil Buyers’ Scorecard is expected to be out in October, says WWF International Palm Oil Industry Engagement senior manager Darrel Webber.
Small and medium oil palm planters’ wishlist
21/07/2009 (The Star Online) - PRESSING “old†issues hampering the progress of small and medium oil palm plantation operators must be taken seriously in the preparation of Budget 2010, set to be tabled in Parliament this October.
