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Rhett A. Butler,
Environmentalists and palm-oil producers are increasingly at odds. Greens groups say palm oil is driving the conversion of tens of thousands of hectares of peatlands and lowland forest in
Palm-oil producers say their industry plays a crucial role in
Nevertheless, pressure from environmentalists is beginning…
By Stephen Daniells
9/24/2007 - Tocotrienols, the less studied form of vitamin E, may reduce DNA damage, considered an important trigger in cancer development, by about 50 per cent, new research suggests.
Researchers from Universiti Kebangsaan Malaysia and tocotrienol-supplier, Golden Hope Bioganic, report that daily supplementation with a tocotrienol-rich supplement (Tri E Tocotrienol) showed greater effects in the older subjects, a sub-population with higher rates of DNA damage.
“The effect of Tri E Tocotrienol is more obvious in older age, possibly reflecting a greater need for supplementation or a greater profound effect due to the larger amount of damage present,” wrote the authors, led by Siok-Fong Chin, in the journal Nutrition.
There are eight forms of vitamin E: four tocopherols (alpha, beta, gamma, delta) and four tocotrienols (alpha, beta, gamma, delta). Alpha-tocopherol (alpha-Toc) is the main source found in supplements and in the European diet, while gamma-tocopherol…
Mon Sep 24, 2007
By Mayank Bhardwaj
PANAJI, India (Reuters) - Indonesia is expected to export 14 million tonnes of palm oils in 2008, up from this year’s estimated 13 million tonnes, and record a further rise in overall output, a leading trade official said.
Forecast to overtake neighbour
“We will produce 18.4 million tonnes of palm oil in 2008, which will help us export more,” Bangun said on the sidelines of an edible oils conference in
An additional 300,000…
The Crude Palm Oil Futures Closing: Friday, September 21 2007
(Prices are in RM/tonne)
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Business Times
Monday - September 24, 2007
Demand for edible oils is expected to increase by five million tonnes in the year to October 2008, while supplies are likely to rise by only 3.9 million tonnes
Global palm oil prices may reach RM2,600-RM3,000 per tonne shortly as demand is likely to surpass supplies and rival soyaoil is also expected to rise sharply, a top industry analyst said yesterday.
Soyaoil prices would soon scale up to US$900 (US$1 = RM3.44) per tonne and might touch US$1,000 per tonne, Dorab Mistry, whose forecasts are closely watched by the industry, told a conference in the Indian tourist state of Goa.
Palm oil, mostly produced in Malaysia and Indonesia, was at a record high of RM2,764 per tonne in June and rival soyaoil touched a 23-year high on the Chicago Board of Trade this…
Business Times
Monday - September 24, 2007
by W.Q. Mun
OBSERVATIONS: Roiled by global financial turmoil, US dollar weakness and crude oil’s surge to a record high above US$80 (US$1 = RM3.44) a barrel, the Kuala Lumpur CPO futures market went through a rollercoaster ride last week. However, it ended up almost unchanged from the previous week’s position.
The local CPO futures market surged above the psychological RM2,600 a tonne level at first, with the actively-trade December 2007 contract rising to an intra-week high of RM2,619. But the US Federal Reserve’s September 18 half-per cent interest rate cut not only put paid to the local CPO futures market’s early rally, but also caused it to reverse to a southerly course in tandem with the downturn on the bellwether US soyabean oil futures market.
The December 2007 contract then dropped mid-week to a low…
The Star
Monday - September 24, 2007
by G. M. Teoh
Limited upside potential seen for this week
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended the week with small gains after having returned a large portion of earlier advances.
Prices initially jumped to a seven-week high on renewed buying prompted by prices rally in soyoil, strong crude oil prices and news that Pakistan purchased a substantial amount of palm oil for September shipment.
Long liquidation pressure capped the advances, with the market drifting lower till Friday when the market adjusted higher on a late wave of buying.
Higher palm oil exports for the first 20 days of September provided some underlying support and helped lift values off from the week’s lows. Cargo surveyor Societe Generale de Surveillance said Malaysian palm oil products exports for Sept 1-20 rose by 12.3%…
New Straits Times
Monday - September 24, 2007
The country is taking measures to deal with various forms of trade protection.
Prime Minister Datuk Seri Abdullah Ahmad Badawi listed some of the measures in a 30-minute interview on the Astro Channel 95’s VIP Awani yesterday.
He said quality products, pricing goods competitively and a willingness to spend on promotional efforts were some of the steps adopted to deal with trade barriers.
“We have to spend a lot on promotions, which highlight various areas aside from the product itself.
“This is how we handled the smear campaigns against the palm oil industry. We are fighting allegations that the orang utans’ habitat is affected when we expand acreage.”
On attracting investors, he said, the country would continue sending trade missions abroad.
He said the world had yet to rid itself of trade barriers imposed…
TERNATE, North Maluku (Antara): Publicly listed palm oil company PT Astra Agro Lestari will invest Rp 2 trillion on palm oil plantations in the
“PT Astra will send officials to conduct further surveys before the plan is implemented in early 2008,” district spokesperson Kalbi Rasyid said.
The company will initially use 10,000 hectares of land to conduct a pilot project involving local farmers, Kalbi said.
He said the local administration was in support of the plan due to the fact it would create jobs and improve the welfare of local farmers.
PT Astra Argo Lestari is the first company to enter the palm oil sector in
PANAJI,
“Palm oil prices are likely to reach 2,000 to 2,100 ringgit per tonne by March, down from the current levels of around 2,600 ringgit per tonne,” James Fry, managing director of London-based LMC International, told reporters at a conference in India.
“The
Palm oil prices in
“The…