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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
How Coconut Oil lost to Palm Oil in Kerala
12/12/2007 (Commodity Online), Kochi - Kerala, popularly known as God’s Own Country these days, originally got the state’s name from the coconut tree. “Kera†in Malayalam language means Coconut and “Alam†means Land; and thus “Keralam†became the Land of Coconut.
Malaysia Palm Oil Output to Miss Forecast
11/12/2007 (The Motley Fool) - Malaysia's palm oil output will be less than forecast this year due to ongoing floods in many palm oil producing regions, a Cabinet minister said Tuesday.
Malaysia May Revoke Biofuel Permits as Palm Oil Rises
11/12/2007 (Bloomberg) - Malaysia, the second-biggest palm oil producer, may revoke some licenses to produce biofuel from the commodity as the surging price of the raw material makes the fuel too expensive to make, a minister said.
Dutch talk tough on biofuel subsidies
11/12/2007 (Business Spectator), Carey Island, Malaysia - The Netherlands has warned it will not renew subsidies for palm-based biofuel until global producers meet its environmental requirements.
Palm oil prices stay high despite mounting supplies
10/12/2007 (Food Navigator) - Crude palm oil production is up 4.4 per cent from October in Malaysia, according to the Malaysian Palm Oil Board, but this has not led to a fall in prices amid the current volatility of the crude and soya oil markets.
Indonesia says no plans to alter palm oil tax
11/12/2007 (The Economic Times), Jimbaran, Indonesia - Indonesia has no plans to alter the current palm oil export tax scheme, Trade Minister Mari Pangestu told Reuters on Tuesday, dampening expectations for a new scheme early next year. The tax scheme, under which export tax rates are adjusted monthly depending on movements of crude palm oil prices in international markets, was introduced in a bid to contain soaring local palm-oil based cooking oil prices.
Duty cut on palm oil hits vanaspati units in Lanka
11/12/2007 (Business Standard), New Delhi - The customs duty has been reduced by around 50% over a year.
Lush develops palm oil-free soap base
11/12/2007 (Cosmetics design-europe.com) - In answer to growing consumer pressure over sustainable and ethically sourced personal care products, Lush has teamed up with a small soap specialist in the UK to develop what is claimed to be the world's first palm oil-free soap base.
No immediate plans to ban import of Palm oil via Beypore
07/12/2007 (The Economic Times), Kochi - The Centre has no immediate plans to ban import of palm oil through Bayport in Kerala or restrict its entry through other South Indian ports, Minister of State for Commerce Jairam Ramesh said today.