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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
Chinese agribusiness company in DR Congo to offer thousands of jobs for locals
10/07/2009 (Xinhua), Kinshasa - China's ZTE Agribusiness Company Ltd is aiming at a 1 million hectare palm tree plantation in the Democratic Republic of Congo (DR Congo) for biofuel production, and the project can offer thousands of jobs for the local people, the company's regional manager Zhang Peng told Xinhua in an interview on Friday.
QL Resources wants to triple profit contribution from palm oil
10/07/2009 (The Star Online) - QL Resources Bhd wants to triple the profit contribution from its palm oil operations by 2015 as it is bullish about the long-term growth outlook for the commodity, a top executive said yesterday.
Banks slammed for involvement in palm oil fund-raising
09/07/2009 (Environmental Finance), London - Three European banks have come under fire from environmentalists for their involvement in a fund-raising by palm oil producer Golden Agri-Resources (GAR), which NGOs claim is involved in rainforest destruction.
CPO price likely to be lower than RM2,000 rest of the year
09/07/2009 (The Star Online), Petaling Jaya - Crude palm oil (CPO) prices might have peaked two months ago and are likely to head lower for the rest of the year on weak industry fundamentals, analysts say.
Failure to support greener palm oil may lead industry to abandon environmental measures
08/07/2009 (Mongabay.com) - Consumer apathy towards eco-certified palm oil have undermined efforts to improve the environmental performance of the industry, a top industry official told Reuters.
Budget silent on edible oils tax, trade upset
06/07/2009 (Reuters), New Delhi - The budget left import duty on edible oils unchanged on Monday, disappointing local industry that had been rooting for at least a small increase.
Harn Len to invest RM40mil in new palm oil mill
06/07/2009 (The star Online) - HARN Len Corp Bhd (HLCB) will invest RM40mil in its new palm oil mill located in the Masranti Estate in Samarahan, Sarawak.
Palm oil, ‘Weligama wilt’ deals blow to coconut industry
06/07/2009 (The Island Online) - Out going Chairman Coconut Growers Association Parakrama Jayatilleke said at its Annual General Meeting (AGM) last week, that the recent decease to strike the industry, Asseria mite, and ‘Weligama wilt’, have devastated vast tracts of coconut plantations. Resesarch to counter these deceases have as yet not surfaced. This was the sad plight of the coconut industry Jayatilleke said.
Branding Malaysian palm oil
04/07/2009 (The Star Online) - PALM oil is palm oil, right? As it is a commodity, should it matter who produces it or where it comes from? Is there such a thing as branding for a commodity? If you ask the Malaysian Palm Oil Council (MPOC), the answers would probably be “Not necessarilyâ€, “Yes†and “Yesâ€.
