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MARKET DEVELOPMENT
22-05-2008

10% premium for sustainable palm oil?

21/05/2008 (Mongabay.com) - Will consumers pay a premium for a product that is less damaging to the environment? The palm oil industry intends to find out whether buyers will put their money where there mouth is.

MARKET DEVELOPMENT
21-05-2008

Yusof Basiron: Who\'s to blame for rising food prices?

21/05/2008 (NST Online) - IN March 2007, European Union leaders decided to increase to 20 per cent by 2020 the share of renewable energies in the EU's energy consumption. With this target, the EU hopes to drastically reduce their greenhouse gas emissions and their reliance on imported petroleum oils.

MARKET DEVELOPMENT
21-05-2008

Palm oil falls on exports, vegoil supplies

21/05/2008 (The News International, Pakistan), Kuala Lumpur - Malaysian crude palm oil futures slipped on Tuesday as a lower-than-expected increase in exports and expectations of rising vegetable oil supplies weighed on the market. Dealers said a decision by Argentine farm groups to end a two-week strike over soy export taxes raised hopes of more shipments from the worldâ€™s number 3 soy supplier.

MARKET DEVELOPMENT
21-05-2008

Malaysia\'s Rice Diplomacy

21/05/2008 (Asian Tribune) - Kuala Lumpur has been hard put these days on account of scarcity in essential commodities, particularly rice. As a result, Asian commodity and currency markets could be plunged into chaos after the Malaysian government threatened to abandon standard trading channels in favor of bartering palm oil for rice.

MARKET DEVELOPMENT
21-05-2008

Plantation firms on strong footing

21/05/2008 (The Star Online), Petaling Jaya - There is unlikely to be a slowdown in earnings for plantation companies, thanks to strong crude palm oil (CPO) prices.

MARKET DEVELOPMENT
21-05-2008

Palm Oil Scheme: Nigeria, Cameroun Plan $4.6bn Joint Venture

21/05/2008 (This Day Online) - Nigeria and the Cameroun governments are contemplating over $4.656 billion joint venture in the development of oil palm sector that would benefit the two countries.

MARKET DEVELOPMENT
21-05-2008

UPDATE 1-India eyes 1.5 mln tonnes vegoils for festive demand

20/05/2008 (Reuters, India), Jakarta - India, the world's No. 2 importer of vegetable oils, is looking to buy 1.5 million tonnes in the next three months starting from May to stock up for the festival season, a top industry official said on Tuesday.

MARKET DEVELOPMENT
21-05-2008

INTERVIEW-India seeks 1.5 mln tonnes of edible oil cargoes

20/05/2008 (Reuters), Jakarta - India is looking to buy 1.5 million tonnes of edible oil for the next three months starting from May in a bid to lock in supplies ahead of the festival season, a top industry official said on Tuesday.

MARKET DEVELOPMENT
21-05-2008

Plot To Close Down Kanowit NCR Oil Palm Plantation Uncovered

20/05/2008 (Bernama), Kanowit -- Some individuals who are officials of a local non-governmental organisation (NGO) are said to be involved in a conspiracy to close down Sarawak's first commercial oil plam plantation on Native Customary Rights (NCR) land here.

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