News
CPO Futures End Flat Amid Export Speculations
MALAYSIAN crude palm oil futures closed flat yesterday, giving up gains of almost 1 per cent as market players scaled back expectations for the exports data, which are due out today and cover Jan.1-20, traders said. There was talk earlier in the day that palm exports for Jan. 1-20 were in the range ...
POIC Head Calls for Biomass Policy
The government’s call for oil palm companies to use biomass to generate electricity may not be practical without first putting in place a biomass policy. Supporting the call, Palm Oil Industrial Cluster (POIC) Sabah chief executive officer Dr Pang Teck Wai said a clear policy was needed to ens...
Palm Futures Edge Down, Off 8-Week Low
CRUDE palm oil futures ended slightly lower yesterday, recouping most of the day’s 2.2 per cent loss as investors moved to cover their short positions in an oversold market, traders said. “The idea that the market was technically terribly oversold brought back good short-covering interes...
Why Palm Oil Does Not Deserve Its Bad Press
Southeast Asia’s palm oil industry is under sustained attack in the West. TIM WILSON says the consequences of a consumer boycott are poverty for smallholders and more environmental damage as producers switch to alternative lower-yielding crops RECENT campaigns against palm oil show non-governmental ...
Deforestation, Palm Oil and the BBC : The End of Impartiality
A Response from Deforestation Watch to the BBC program called “The End of the Jungle” hosted by Angus Stickler on 7th January 2010 “The lofty editorial guidelines issued pursuant to the BBC Charter reads: “Impartiality lies at the heart of the BBC’s commitment to its audience...
Palm Oil Production to Grow by 5 Percent to 10 Percent This Year
KUALA LUMPUR: Crude palm oil production is expected to grow by 5% to 10% in 2010, said ECM Libra Investment Research. However, the production in the near term is expected to ease amid lower output cycle, it said in its research note on Tuesday. The industry achieved some 17.6 million metric tonne in...
