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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
Cameroon: Bakassi Population Promised Oil Palm Plantation
21/07/2009 (allAfrican.com) - The year 2009 will end on a happy note for the population of Bakassi following the announcement by PAMOL authorities of the extension of the company's plantation to the region. The project which will be supported by the government in a bid to pull the Cameroonian population to the area is expected to create opening for 150 direct jobs and 300 indirect employment opportunities.
Indonesia\'s Bakrie sees 2010 palm output up 17 pct
21/07/2009 (Reuters), Jakarta - Indonesia's PT Bakrie Sumatra Planations said on Tuesday it expects its palm oil output to rise 17 percent to 420,000 tonnes in 2010, boosted by increased output from maturing plantations.
Low demand, high CPO price slowing biodiesel production
20/07/2009 (The Star Online), Petaling Jaya - Biodiesel production has slowed significantly since early this year as demand falls amid the economic slowdown and as the price of crude palm oil (CPO) continues to stay higher than that of crude oil.
Cadbury\'s move to palm oil shows little impact on sales
17/07/2009 (3news.co.nz) - While today's iconic rolling of the Jaffas down Dunedin's Baldwin Street marked the end of the city's week-long chocolate carnival, it hasn't been a completely smooth ride.
Malaysia Seeks New Palm Oil Buyers, Warns on El Nino
17/07/2009 (Bloomberg) - Malaysia, the second-largest palm oil producer, is seeking new buyers in Turkey and Morocco to cut dependence on Asia and support prices, according to Plantation Industries and Commodities Minister Bernard Dompok.
IOI betting that there will be recovery in palm oil prices
16/07/2009 (The Star Online), Petaling Jaya - Top palm oil producer IOI Corp Bhd is betting that crude palm oil (CPO) prices will recover later this year, according to AmResearch.
New Zealand\'s Auckland Zoo bars Cadbury chocolate in palm oil protest
15/07/2009 (Business Green) - New Zealand's Auckland Zoo has removed Cadbury chocolates from its shelves after the confectionery maker moved to substitute some of the cocoa solids in its products with palm oil from South Asia plantations.
Sustainable palm oil is a difficult sell
16/07/2009 (Procurement Leaders) - Malaysian palm oil producers who have switched to environmentally-friendly production methods on demands from western businesses have criticised those same companies for buying cheaper, uncertified produce despite being the ones who demanded the change.
India Won’t Raise Tax on Palm Oil Imports, Trade Minister Says
15/07/2009 (Bloomberg) - India, the world’s largest buyer of vegetable oils after China, has no plans to increase duties on imports of palm oil to ensure supplies at “affordable†rates, Commerce Minister Anand Sharma said.
