|
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
Sime’s counter measures
14/10/2008 (The Star Online), Kuala Lumpur - Sime Darby Bhd, the world’s largest listed planter, will be hurt by lower crude palm oil (CPO) prices but it plans to offset that by targeting a 5% improvement in its CPO production, increasing exports to China and cutting costs, said president and group chief executive officer Datuk Seri Ahmad Zubir Murshid.
Farmers in Sumatra let oil-palm fruit rot as prices fall
12/10/2008 (The Jakarta Post) - Thousands of farmers in Rokan Hulu regency, Riau province, in Sumatra are leaving their oil-palm fruit unharvested, letting it rot on the tree because of the sharp price decline for the export commodity, ^YAntara^Y news agency reported Sunday.
Malaysia lifts annual palm oil export quota
13/10/2008 (Reuters), Kuala Lumpur - Malaysia, the world's second-largest producer of palm oil, raised its annual export quota for crude palm oil by 50 percent as a surging inventory hurt prices, a government minister said on Monday.
Sime Darby To Send First Shipment Of Traceable Palm Oil To Holland
13/10/2008 (Bernama), Kuala Lumpur - Sime Darby plans to send its first shipment of certified and traceble palm oil to its facility, Unimills B.V., in Holland by October 19, its President and Group Chief Executive Officer, Datuk Seri Ahmad Zubir Murshid, said here today.
CPO prices very near bottom
13/10/2008 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures, which have fallen sharply recently to the RM1,800-level, are now very near the bottom, says OSK Investment Research.
Farmers in Sumatra let oil palm fruit rotten as prices fall
12/10/2008 (ANTARA News), Pekanbaru, Riau - Thousands of farmers in Rokan Hulu (Rohul) district, Riau province in Sumatra, are now leaving their oil palm fruit unharvested, letting it rotten on the shaft as a result of sharp fall in the prices of the export commodity.
Palm oil clearing swathes of forest in Indonesia\'s Papua: Greenpeace
11/10/2008 (AFP), Jakarta — Palm oil companies are clearing massive swathes of untouched forest in Indonesia's remote easternmost Papua region, environmental group Greenpeace said Friday.
Governments failing to clamp down on Malaysian biofuel
11/10/2008 (Business Green) - Environmental campaign group Friends of the Earth (FOE) has hit out at the failure of governments in the UK and Malaysia to adequately police the production of palm oil which it claims is leading to deforestation and contributing to climate change.
Indonesia\'s \'09 palm biodiesel use seen at 1-1.2m T
08/10/2008 (Alibaba.com), Jakarta - Indonesia may consume 1 million to 1.2 million tonnes of biodiesel using palm oil as feed stock in 2009, following the introduction of a mandatory biofuel policy, a government official said on Wednesday.
