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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
CPO futures end mostly higher on soybean oil gains
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.
Indonesia applies for World Bank forest CO2 scheme
04/03/2009 (Reuters), Singapore - Indonesia has applied to join a World Bank programme that supports developing nations' efforts to fight deforestation and help them earn cash through the sale of tradeable carbon credits.
Settlers lodge police reports against Felda
04/03/2009 (The Star Online), Kuantan - The National Association of Felda Settlers’ Children (Anak) lodged police reports in several states Wednesday claiming that Felda had applied pressure on 25,000 settlers who refused to hand over the running of their oil palm estates to the agency.
Govt Adopts New Strategies To Help Smallholders Eke Out A Living
04/03/2009 (Bernama), Kuala Lumpur - The Government has adopted new strategies and extended aid to smallholders tide over with their living expenses following the drastic fall in rubber, oil palm and pepper prices, the Dewan Rakyat heard today.
CPO decoupling from crude oil prices
04/03/2009 (The Star Online), Petaling Jaya - The current pattern of price movements in crude palm oil (CPO) futures, with the commodity stabilising at levels of about RM1,800 per tonne, is indicative of the persistence in the decoupling of CPO from crude oil prices, analysts said.
First Cargill palm plantation certified sustainable by RSPO
03/03/2009 (Finchannel.com) - The FINANCIAL -- Cargill on March 2 announced that its first palm plantation - PT. Hindoli in Sumatra - has received the Roundtable on Sustainable Palm Oil (RSPO) Certification.
DJ Biodiesel Unprofitable As CPO Prices Decouple From Crude
02/03/2009 (Agricultre Online), Kuala Lumpur - Price movements of crude palm oil are decoupling from crude oil, making biodiesel production unprofitable, Rabobank said in its monthly report Monday.
Indian Biodiesel Firms Eye Local Sales
02/03/2009 (The Wall Street Journal), New Delhi - Indian biodiesel producers are shedding their "only-for-export" status and looking to local sales, but even so are cutting output and shelving expansion projects due to caution about the market outlook.