Palm Oil News
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New U.N. climate deal struck, critics say gains modest
11 dec 2011 in Palm Oil NewsDURBAN | Sun Dec 11, 2011 2:57pm EST DURBAN (Reuters) - Countries from around the globe agreed on Sunday to forge a new deal forcing all the biggest polluters for the first time to limit greenhouse gas emissions, but critics said the plan was too timid to slow global warming. A package of accords agreed…
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Another Vote Against Aussie Palm Oil Bill
20 sep 2011 in Palm Oil NewsMalaysia is on a victorious path in its battle against Australia's proposed palm oil labelling Bill. The Food Standards Amendment (Truth in Labelling - Palm Oil) Bill 2010 was rejected by Australia's House of Representatives Economics Committee in Canberra yesterday, the second committee to do so since…
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Palm oil climbs for first time in five days
24 aug 2011 in Palm Oil NewsPalm oil advanced for the first time in five days on concern that hot weather in the US will cut soybean supplies, boosting demand for the tropical commodity used in food and fuel. The November-delivery contract gained 0.6 percent to 3,022 ringgit ($1,018) per metric ton on the Malaysia Derivatives…
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Indonesian Palm Oil Exports Surge by 8.9 Percent in H1
10 aug 2011 in Palm Oil NewsIndonesia’s palm oil exports increased by 8.9 percent in the first half of this year to 8.2 million tons, up from 7.47 tons in the same period last year, the Indonesian Palm Oil Producers Association (Gapki) says. Gapki chairman Fadhil Hasan said on Tuesday that projections were exceeded as exports…
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Dumai Demands Share of Levies From CPO Exports
05 aug 2011 in Palm Oil NewsClaiming that its huge contribution through Crude Palm Oil (CPO) is not offset by the intake from the central government, the Dumai administration is planning to introduce a regulation with a view to raising revenues from the commodity.“Dumai has been hailed as the biggest CPO port in Indonesia…
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