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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
India May ‘Reverse’ Rate Cuts as Food, Energy Stoke Inflation
29/07/2009 (Bloomberg) - India’s central bank may start reversing its interest-rate cuts in early 2010 as food and energy prices fan inflation, after it kept borrowing costs unchanged yesterday to bolster economic growth.
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.
