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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
Palm oil ends lower after MPOB’s data release
Papua New Guinea palm oil firm plans London IPO
12/12/2007 (Reuters), London - Papua New Guinea's largest palm oil producer, New Britain Palm Oil, said on Wednesday it plans to list in London and raise 88.9 million pounds ($182 million).
New Britain to cash in on palm oil demand
13/12/2007 (Financial Times) - New Britain Palm Oil is to raise £89m in a London flotation, taking advantage of a surge in demand for cooking oil and biofuels derived from palm trees.
Revise rate of oil palm fruit cess: MP
13/12/2007 (Daily Express), Kota Kinabalu - The Federal government should consider revising the rate of the oil palm fruit cess in Sabah as it is unfair for the industry, said Tawau MP Shim Paw Fatt.
Indonesia has no plans to change palm oil tax
12/12/2007 (Daily Times, Pakistan), Jimbaran, Indonesia - Indonesia has no plans to alter the current palm oil export tax scheme, Trade Minister Mari Pangestu told Reuters on Tuesday, dampening expectations for a new scheme early next year.
How Coconut Oil lost to Palm Oil in Kerala
12/12/2007 (Commodity Online), Kochi - Kerala, popularly known as God’s Own Country these days, originally got the state’s name from the coconut tree. “Kera†in Malayalam language means Coconut and “Alam†means Land; and thus “Keralam†became the Land of Coconut.
Malaysia Palm Oil Output to Miss Forecast
11/12/2007 (The Motley Fool) - Malaysia's palm oil output will be less than forecast this year due to ongoing floods in many palm oil producing regions, a Cabinet minister said Tuesday.
Malaysia May Revoke Biofuel Permits as Palm Oil Rises
11/12/2007 (Bloomberg) - Malaysia, the second-biggest palm oil producer, may revoke some licenses to produce biofuel from the commodity as the surging price of the raw material makes the fuel too expensive to make, a minister said.
Dutch talk tough on biofuel subsidies
11/12/2007 (Business Spectator), Carey Island, Malaysia - The Netherlands has warned it will not renew subsidies for palm-based biofuel until global producers meet its environmental requirements.
Palm oil prices stay high despite mounting supplies
10/12/2007 (Food Navigator) - Crude palm oil production is up 4.4 per cent from October in Malaysia, according to the Malaysian Palm Oil Board, but this has not led to a fall in prices amid the current volatility of the crude and soya oil markets.
