|
CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Carsons regionalizes oil palm investments with Singapore base
08/03/2009 (Island Online) - Carson Cumberbatch PLC completed a Rs.4.1 billion restructure on the Colombo Stock Exchange (CSE) on Friday to regionalize its oil palm investments in Malaysia and Indonesia under a Singapore incorporated plantation holding company.
Singapore-made biofuel to run cars in Europe, North America
07/03/2009 (AFP), Singapore - Diesel made from palm oil, vegetable oil and animal fat in Singapore may soon be powering cars in Europe and North America, Finland's Neste Oil said Friday.
Oil World sees small rise in Malaysia palm output
06/03/2009 (Business Times, Malaysia) - INDONESIA and Malaysia, the world’s top palm producers, will see only a small rise in output this year due to tree stress after months of good harvests and less fertiliser usage, a top industry analyst said yesterday.
February CPO stockpile to fall due to floods
06/03/2009 (The Edge, Malaysia), Kuala Lumpur - The February crude palm oil (CPO) stockpile is likely to fall below January’s level of 1.83 million tonnes due to floods in some palm oil producing states, Plantation Industries and Commodities Minister Datuk Peter Chin said.
RM60-Billion Stimulus Package To Face Economic Downturn
10/03/2009 (Bernama), Kuala Lumpur - The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people\'s welfare and prosperity in the face of the global economic downturn.
Sumitomo plans biogas tie-ups with local firms
06/03/2009 (The Star Online), Subang Jaya - Water treatment expert Sumitomo Heavy Industries Environment Co Ltd (SHI-EV) of Japan plans to bring Japanese investors in to jointly develop biogas plants with local oil palm plantation companies.
Biogas trapping for palm oil millers
05/03/2009 (Business Times, Malaysia) - PALM oil millers are being encouraged to implement biogas trapping technology in order to reduce methane emission which contributes towards global warming, Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui said.
Future of palm oil remains bright
05/03/2009 (NST Online) - JUST a year ago, palm oil was on Cloud Nine. It was the toast of the country's economy. The price of crude palm oil (CPO) breached the RM4,000 mark to touch RM4,312 a tonne on March 3, last year. Prices stayed above RM3,000 for about seven months, an all-time record.
EU’s new law may hurt palm oil exporters
05/03/2009 (The Star Online), Kuala Lumpur - Malaysia’s palm oil exports to European Union (EU) countries may be affected by the European Commission’s (EC) latest renewable energy directive on biofuel content, which encompasses regulations on carbon emissions.