Palm oil

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This article has been tagged since May 2006. Palm oil block

Palm oil is a form of edible vegetable oil obtained from the fruit of the Oil palm tree. It is the second-most widely produced edible oil, after soybean oil.[1] However, it may have now surpassed soybean oil as the most widely produced vegetable oil in the world[2].

The palm fruit is the source of both palm oil (extracted from palm fruit) and palm kernel oil (extracted from the fruit seeds).

Palm oil itself is reddish because it contains a high amount of betacarotene. It is used as cooking oil, to make margarine and is a component of many processed foods. Boiling it a few minutes destroys the carotenoids and the oil becomes white.

Palm oil is one of the few vegetable oils relatively high in saturated fats (such as coconut oil) and thus semi-solid at room temperature.

palm oil gets 600bn rupiah for research  -  22 Oct 2007
CSR Asia,The unlinkable Business Times reports that Indonesia is to invest 600bn rupiah in 2008 into palm oil research. ‘Spending mostly will be used for research to

Hap Seng Seeks $227M in Malaysia IPO  -  22 Oct 2007
Forbes,AP 10.22.07, 2:18 AM ET Palm oil producer Hap Seng Plantations Holdings launched an initial public offering Monday to raise at least 795 million ringgit

Branching out fruitfully  -  22 Oct 2007
Malaysia Star,With palm oil prices at an all-time high of over RM2,760 a tonne last week, and a widely-held view that prices would remain high for several more years,

CPO Futures: Mart to track oil price movement  -  22 Oct 2007
Business Times - Malaysia,Seeing how palm oil and crude oil prices moved in rough lockstep last week, it was abundantly clear that this market is now hostage to crude oil.

Edible oil for biofuel under attack  -  22 Oct 2007
Business Standard,The Solvent Extractors’ Association of India (SEA) has urged the government to discourage the use of edible oils, including rapeseed oil, palm oil and

The market of tropical oils is in the center of the International ...  -  22 Oct 2007
Agrimarket Consulting,Frank Pantzaris, the leading world analyst of the palm oil market, will make a report about changes of position and role of tropical oils on the world

Edible oil should not be used for bio-fuel production: SEA  -  22 Oct 2007
Hindu,He feared that rapeseed oil, palm oil and soybean oil would be used as bio-diesel with prices of crude oil rising to USD 90 per barrel.

UPDATE 1-Indonesia optimistic on growth despite oil prices  -  22 Oct 2007
Reuters UK,...such as on the prices of exports of commodities and minerals," Boediono told reporters, referring to the country's key commodities such as palm oil.

InsiderAsia’sModel Portfolio - Week 243  -  22 Oct 2007
The Edge Daily,Apart from being a net oil exporter, the country is also cushioned by high palm oil prices. Palm oil prices are now trading at over RM2,800 per tonne,

CPO price at historic high  -  22 Oct 2007
Malaysia Star,CRUDE palm oil futures prices at the Bursa Malaysia Derivatives were lifted to fresh highs after the long-weekend holidays last week spurred by rising crude

Subdued trend in soyoil futures  -  22 Oct 2007
Commodity Online,In Bursa Malaysia Derivatives Exchange, crude palm oil for January delivery slipped RM 46 to RM 2719 per tonne. NCDEX refined soy oil November contract

Malaysian Shares Expected To Decline []  -  22 Oct 2007
RTT News,In business news, Malaysian crude palm oil futures hit a fresh record on Friday after global crude oil prices breached the 90 US dollar per barrel mark for

DJ CBOT Soy Outlook: Down 18-20c; Bearish Outside Mkt Influences  -  22 Oct 2007
Carolina-Virginia Farmer,Meanwhile, lower palm oil futures, favorable harvest conditions, improved planting conditions in Brazil as well as instability in equity markets are

Malaysia's crude palm oil futures hit record on surge in crude oil ...  -  Oct 19, 2007
Forbes,KUALA LUMPUR (Thomson Financial) - Crude palm oil (CPO) futures traded on the derivatives exchange of the Malaysian bourse hit a fresh record on Friday

Palm oil demand wiping out world's orangutans  -  Oct 19, 2007
Chicago Sun-Times,BY ANDREW HERRMANN Staff Reporter aherrmann@suntimes.com Studies conflict on the health benefits of palm oil, but experts meeting at the Brookfield Zoo said

Palm oil, a diesel substitute  -  Oct 18, 2007
Hindu,KOCHI: In its quest to find alternative uses of the country’s traditional product, palm oil, the Malaysian Palm Oil Council is experimenting with a number

Coconut oil may not gain from ban  -  Oct 19, 2007
Business Standard,The move to ban the import of palm oil through the Kochi port may not provide relief for the coconut oil sector, reeling under falling prices.

Record oil price boosts demand for biofuels but critics question ...  -  Oct 18, 2007
Forbes,The high oil price has pushed the price of crude palm oil, a key source of biodiesel, sharply higher in Malaysian trade. Crude palm oil (CPO) futures traded

Indonesia to Miss Palm Oil Target, Pangestu Predicts (Update2)  -  Oct 16, 2007
BloombergBy Haslinda Amin and Glenys Sim Oct. 17 (Bloomberg) -- Indonesia will miss its 2007 output target for palm oil, which traded at a record yesterday,

Palm oil futures rise to record high  -  Oct 16, 2007
Malaysia Star,PETALING JAYA: Palm oil futures in Malaysia rose to a record high yesterday in tandem with crude oil prices, which touched a new peak on Monday amid

Malaysian palm oil earnings to hit new record in 2007: report  -  Oct 16, 2007
AFPKUALA LUMPUR (AFP) — The value of Malaysia's palm oil exports is expected to reach a record of 40 billion ringgit (11.84 billion dollars) this year as

Saving the Earth - one kid at a time  -  Oct 21, 2007
Fort Worth Star Telegram,Two years ago, two fifth-graders from Lilly's elementary school did a presentation at school about palm oil and how it's used in some foods, like Oreos.

Lower landed cost may favour crude palm oil import  -  Oct 15, 2007
Hindu Business Line,Chennai, Oct. 15 With the landed price of crude palm oil being cheaper than de-gummed (crude) soyabean oil by at least $130 (Rs 5000), importers are likely

Palm oil firm to claim top stock market status  -  Oct 16, 2007
Daily Times,KUALA LUMPUR: Synergy Drive, a palm oil firm created by the merger of three giant Malaysian plantation companies, will become the largest entity on

Import of palm group of oils through Kochi banned  -  Oct 17, 2007
Sify,The Directorate General of Foreign Trade in a notification said palm oil and its fraction, whether or not chemically modified, crude palm oil, other palm

Indonesia may miss 17 mln tonne palm oil target  -  Oct 19, 2007
Antara,Jakarta (ANTARA News) - Dry weather means Indonesia may miss its target of producing 17 million tonnes of palm oil this year, but it is still on track to

Higher palm olein prices raise import costs by 5 percent  -  Oct 17, 2007
Daily Times,By Razi Syed KARACHI: The cost of imports of palm olien increased around 5 percent as the international prices of palm oil surged $45 per tonne to $890 per

Neste Oil outlines policy on palm oil as biofuel feedstock  -  Oct 18, 2007
Biofuel Review,In a statement released this week the Finnish oil major Neste said that the only way to use palm oil for biofuel production was by setting the highest

Palm oil may test resistance, drop  -  Oct 13, 2007
Sify,Malaysian palm oil futures ended sharply higher on Friday reaching its highest level on positive clues from the markets. CPO futures were boosted by the

At the end, a gain for Malaysian palm grower  -  Oct 17, 2007
International Herald Tribune,Investors left holding the shares can exchange them for cash or stock in Synergy, which will control about 8 percent of global palm oil output.

Dalian to start palm oil futures  -  Oct 17, 2007
CCTV,The Dalian Commodity Exchange will launch trading in palm oil futures on October 29th. The goal is to provide a hedging tool for domestic firms,

Malaysian Palm Oil Exports Could Hit $11.8 Billion  -  Oct 17, 2007
AHNKuala Lumpur, Malaysia (AHN) - Malaysia has raised its estimates for palm oil export revenues to $11.8 billion from $10.37 billion.

New Feedstock for Biofuels  -  Oct 18, 2007
Wall Street JournalThe price of corn has nearly doubled from 2005 levels while that of palm oil has risen 70% since the start of last year. China, like the US, makes much of

Palm oil taking a breather, set to soar  -  Oct 10, 2007
Daily Times,KUALA LUMPUR: Palm oil has lost 6.4 percent from record levels it hit in June but prices will rebound soon and test new highs by the end of the year,

Palm oil furore could stymie green fuel plan  -  Oct 10, 2007
Sydney Morning Herald,Now a planned $30 million biodiesel plant in Port Botany is under attack by the Greens because it will use palm oil from Indonesia and Malaysia.

Malaysia's September palm oil output hits 1.6 mln tons, up 2.7 pct ...  -  Oct 9, 2007
Forbes,KUALA LUMPUR (Thomson Financial) - Malaysia, the world's leading palm oil producer, said Wednesday that September crude palm oil production increased to 1.6

Dalian Exchange Lists Palm Oil Futures From Oct 29  -  Oct 16, 2007
Bernama,By Tham Choy Lin BEIJING, Oct 17 (Bernama) -- The Dalian Commodity Exchange will begin trading palm oil futures on Oct 29, it said on its website.

Bourse to trade palm oil futures soon  -  Oct 9, 2007
China Daily,By Song Hongmei (chinadaily.com.cn) The Dalian Commodity Exchange (DCE) was given the go-ahead from China's securities regulator to launch palm oil futures,

MMTC to import 5500 tonnes of palm oil  -  Oct 10, 2007
Reuters India,NEW DELHI (Reuters) - State-run MMTC Ltd has contracted to import 5500 tonnes of crude palm oil at around $800 per tonne, a government source told Reuters

Palm oil export revenue may touch RM40b this year  -  Oct 16, 2007
Business Times - Malaysia,By Ooi Tee Ching MALAYSIA has revised upwards its 2007 forecast of the value of palm oil exports, in view of rising palm oil prices.

Govt policy on palm oil a 'car crash'  -  Oct 8, 2007
The Age,Conservation group the Humane Society International (HSI) says a new federal government move to check sources of palm oil importations has focused attention

Malaysian palm hits record high  -  Oct 16, 2007
Daily Times,KUALA LUMPUR: Malaysian palm oil futures rose 2.7 percent in early trade to strike a new record on Tuesday as prices of rival soybean oil and crude oil

Soyoil futures fall on weak palm oil prices  -  Oct 16, 2007
Commodity Online,Refined soy oil futures across NCDEX and MCX have traded down tracking the weakness in Malaysian palm oil markets. Traders locked in profits from the recent

Palm oil futures set record  -  Oct 16, 2007
Business Times - Malaysia,MALAYSIAN crude palm oil futures rose yesterday to a record level as prices of rival soyaoil and crude oil boosted the market. Traders said strong export

India's September edible oil imports up 23 pc: Trade body  -  Oct 15, 2007
Economic Times,It buys palm oil from Malaysia and Argentina and soyoil from Brazil and Argentina. Imports in the first 11 months of the oil year that ends on Oct. 31 rose

Palm Oil May Drop 4.7% as Higher Output in India Lowers Imports  -  Oct 7, 2007
BloombergBy Pratik Parija Oct. 8 (Bloomberg) -- Palm oil futures in Malaysia may fall 4.7 percent in the next three weeks as above-average rainfall increases oilseed

Palm oil futures at record high  -  Oct 16, 2007
Livemint,Singapore: Palm oil futures in Malaysia, the global benchmark, rose to a record high as crude oil prices rallied, boosting demand for the tropical commodity

Peatland to palm oil no good for RI  -  Oct 9, 2007
Jakarta Post,..."The impact of illegal logging on climate change is huge, but we should also notice that the conversion of peatland forests into palm oil plantations has

Palm Oil Prices Hit New High  -  Oct 16, 2007
RTT News,10/16/2007 11:56:38 PM While crude oil prices are soaring to record levels, Malaysian palm oil futures also have touched a new record high on Tuesday on

China's Dalian Commodity Exchange approved to launch palm oil futures  -  Oct 8, 2007
Forbes,BEIJING (XFN-ASIA) - The Dalian Commodity Exchange said the securities regulator has approved its plan to launch palm oil futures, which would mark the

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