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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
CPO prices in for sharp spikes in next 12 months
10/11/2007 (The Star Online) - The oil palm fraternity will need to get used to a series of sharp spikes in crude palm oil (CPO) prices for at least another 12 months.
Biodiesel star on wane
12/11/2007 (Couriermail.com.au) - COMPLACENT government attitudes toward biodiesel are costing Queensland jobs and denying the population one of the greenest energy forms.
CPO on agenda of int`l trade confab in Jakarta in 2008
11/09/2007 (Antara News), Jakarta - The crude palm oil (CPO) issue will be one of the topics of discussion in the International Trade Conference of Young Moslem Entrepreneurs to in Jakarta on August 9 to 18, 2008.
India vegetable oil imports to grow at 6-7%/yr
08/11/2007 (The Economic Times), Nusa Dua - India’s vegetable oil demand is expected to grow by 6-7% each year for the next five years as its economy expands and population grows, an industry body said on Thursday.
Environmental fears over palm oil
08/11/2007 (CNN), London - Destruction of Indonesia's peatlands to make way for the production of palm oil is leading to a significant increase in greenhouse gas emissions, a problem that will get worse as demand for biofuel grows, Greenpeace reported Thursday.
Need for cheap palm oil drives deforestation
08/11/2007 (Telegraph.co.uk) - Big international companies are fuelling the wholesale destruction of critically important rainforests and peatlands in Indonesia in their search for cheap palm oil, a hard-hitting report claims.
Palm Oil May Reach $1,000 a Ton Next Year on Shortage
08/11/2007 (Bloomberg) - Palm oil may rise as high as $1,000 a ton next year because of increasing demand and a shortfall in supplies of vegetable oils, according to Derom Bangun, the head of the Indonesian Palm Oil Association.
Higher supply of desi vegetable oil helps keep imported oil at bay
08/11/2007 (The Economic Times), New Delhi - India today has the world’s cheapest cooking oil. Soya oil at Indore currently beats imported palm oil, the world’s cheapest energy source. Thanks to more desi vegetable oil extracted from three million tonnes extra oilseeds this summer, Indian consumers can stay cool even after global cooking oil prices hit a 33-year high on Wednesday.
Palm oil likely to surge on high demand
08/11/2007 (Euro2day) - Crude palm oil is expected to hit $1,000 per tonne in the next few months and remain high for a decade, producers and analysts say, as supply is unlikely to match demand for food and biofuels.