News
Palm Oil Millers Need More Incentives to Become Green IPP
IN recent months, there has been a lot of talk on the need to set up more oil palm biomass and biogas power generation projects given their huge potential as a renewable energy for the country. As demand for sustainable energy from clean indigenous sources becomes more pressing, the Government is ac...
Malaysia Palm Oil Exports to Keep Rising
Malaysia’s palm oil industry will continue to see increases in export figures to several traditional markets this year, says the Malaysian Palm Oil Council (MPOC). “This trend, I believe will continue throughout 2010, based on the current economic conditions and other supply demand indic...
CPO Futures – Bears Are Still Lurking
OBSERVATIONS: The Kuala Lumpur CPO futures market took a pause for breath last week, a welcome respite for market players battered by this market’s plunge from around the RM2,700 a tonne level since the beginning of this year. Light buying by market players heartened by better-than-expected ex...
Malaysia January Palm Export Up 24 Percent
Malaysia exported 1.48 million tons of palm oil in January, according to estimates from Societe Generale de Surveillance, an independent cargo surveyor. Exports rose 24 per cent from the previous month, SGS said in an e-mailed statement today. — Bloomberg Source : Business Times
Green Neocolonialism
Climate negotiators meeting in Bangkok this week in preparation for the Copenhagen climate summit in December seem no closer to an agreement on how best to balance economic growth and protection of the environment. One obstacle comes from Europe, where an alliance of green NGOs, industry and policym...
Palm Futures to See Rangebound Trade
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade rangebound next week with market sentiment remaining uncertain, dealers said. They said prices are expected to consolidate further after the recent sharp decline. “CPO prices are likely to trade between RM2,400 pe...
