News
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Palm Oil Futures Look Rosy Despite European Environment Concerns
19 aug 2010 in Palm Oil NewsKuala Lumpur. European consumers will be forced to boost shipments of palm oil, despite a vigorous campaign by green groups against it, after a drought that shriveled oilseed crops across the Black Sea region. Palm oil futures on the Bursa Malaysia Derivatives Exchange climbed to a 15-month top…
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CPO Falls on Soyoil; Bad Weather in Indonesia May Support
18 aug 2010 in Palm Oil NewsCrude palm oil futures on Malaysia’s derivatives exchange fell Wednesday, dragged lower by declines in CBOT soyoil, but disruptive rainfall in Indonesia may limit the slide in prices. The benchmark November contract on the Bursa Malaysia Derivatives exchange ended MYR36 lower at MYR2,610 a metric…
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Indonesian Sustainable Palm Oil Standard
17 aug 2010 in Palm Oil NewsIndonesian plan to introduce their sustainable standard soon , many reasons why Indonesia take this actions first as a sovereign countries there are no question that we can have our standard, as a producing countries we want to serve our buyers to what they want or willing to buy. The standard will…
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Companies coy over palm oil use
21 jun 2010 in Palm Oil NewsSome New Zealand food companies are being slippery about whether they use palm oil, according to a Green Party survey. Green Party MP Sue Kedgley wrote to 20 of New Zealand's largest food companies, asking them for a list of products they manufactured that contained palm oil. Chocolate-maker Cadbury…
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Palm Oil Prices May Weaken on Supply, Macquarie Says (Update1)
21 jun 2010 in Palm Oil NewsPalm oil prices may decline in the third quarter on increased supply of the tropical oil and its substitute, soybean oil, Macquarie Capital Securities (Malaysia) Sdn. analyst Sunaina Dhanuka said in an e-mailed report. Palm oil futures on the Malaysia Derivatives Exchange could average 2,450 ringgit…
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