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PALM EXPORTS FROM INDONESIA RISING FIRST TIME SINCE JANUARY
19 jun 2013 in Palm Oil NewsPalm oil shipments from Indonesia, the world’s biggest producer, probably advanced for the first time in four months in May on increasing demand for the Muslim fasting month of Ramadan. Prices climbed to a three-month high. Exports of the cooking oil, used in everything from noodles…
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Palm Oil Climbs a Third Day as Rising Exports May Trim Reserves
25 apr 2013 in Palm Oil NewsKUALA LUMPUR - Palm oil advanced for a third day to the highest level in almost two weeks on speculation that rising exports from Malaysia may help pare stockpiles in the world’s largest producer after Indonesia. The contract for July delivery climbed as much as 1.6 percent to 2,326 ringgit ($765)…
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Gapki says ‘no’ to moratorium extension
24 apr 2013 in Palm Oil NewsThe Indonesian Palm Oil Association (Gapki) has opposed the government’s plan to prolong a two-year forest moratorium, slated to end in May, saying that such an extension would only hamper the expansion of the country’s palm oil sector. Indonesia, through Presidential Instruction No. 10/2011,…
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Palm oil biodiversity 'can be saved'
16 apr 2013 in Palm Oil NewsThe surprising biodiversity that remains in oil palm plantations can and should be protected, say researchers. Their study, published in a recent issue of Wildlife Research, has come up with recommendations to reduce the risks to native animals found on oil palm estates across West Malaysia. "A normal…
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Palm Oil Exports From Indonesia Climb to Highest in Five Years
05 apr 2013 in Palm Oil NewsJAKARTA - Palm oil exports from Indonesia, the world’s largest producer, jumped to the highest level in at least five years in February after China and Pakistan boosted purchases to benefit from a slump in prices. Shipments, including palm and kernel oils, gained 9.1 percent to 2.04 million metric…
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