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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
West Sumatra Hopes Central Govt Accelerate Biodiesel Program
17/11/2008 (Berita Sore), Padang - The West Sumatra provincial administration hoped the central government would intensify the implementation of the palmoil-based biodiesel oil production as a medium-solution to the current economic crisis regarding the national CPO commodity.
Federal, state authorities to help oil palm smallholders
17/11/2008 (The Star Online), Kota Kinabalu - Help is on the way for thousands of oil palm smallholders in the state who are facing financial dire straits because they have difficulty selling their produce amidst plunging crude palm oil prices.
First sustainable palm oil shipment beset by controversy
17/11/2008 (New Europe) - The arrival in Rotterdam of the first shipload of palm oil certified as “sustainable†was celebrated on November 11, despite the release of a report by the environmentalist group Greenpeace that claimed the producer had violated sustainability standards. The palm oil from Malaysian producer United Plantions had been certified as sustainable by the Roundtable on Sustainable Palm Oil in September. But Greenpeace claimed in a report that the company does not meet all criteria set for an environmentally friendly product as laid down by the roundtable, Deutsche Presse-Agentur (dpa) reported.
Pressure mounts on palm oil producers
17/11/2008 (Business Times, Malaysia) - THE battle lines remain drawn for oil palm growers from Malaysia and Indonesia, as pressure groups continue to question the credibility of the Roundtable on Sustainable Palm Oil (RSPO) certification process that was put in place earlier this year.
Household brands like Kit Kat, Dove soaps wrecking Asian rainforests
16/11/2008 (Thaindian News), London - Household names such as Kit Kat, Flora and Dove soaps have been held responsible for the large scale destruction of Asian rainforests for palm oil plantations.
Peru To Lure Investments Worth US$6 Bln From Asia-Pacific Economies
16/11/2008 (Bernama), Kuala Lumpur - Peru expects to lure investments worth US$6 billion from Asia-Pacific economies despite tough global economic conditions after it hosts the region's biggest gathering of leaders, ministers and top-ranking businessmen this week at its capital in Lima.
KCCI asks Malaysian investors to set up palm oil refineries
16/11/2008 (The News, International), Karachi - Vice President of Karachi Chamber of Commerce and Industry (KCCI), Muhammad Ali advised that Malaysian investors may invest in Pakistan in food processing, agriculture, dairy farming, textile, health, construction & mining sectors.
Have a break, have a Kit Kat – and wreck rainforests
16/11/2008 (Times Online, UK) - Household brands including Kit Kat, Flora and Dove soaps have been linked to the mass destruction of Asian rainforests for palm oil plantations.
Univanich confirms Indonesian venture
15/11/2008 (Bangkok Post) - SET-listed Univanich Palm Oil Plc (UVAN), the country's largest producer of palm oil, will go ahead with a joint venture with an Indonesian partner to develop palm seeds in Indonesia.
