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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Indonesia to Make Green Financing Compulsory for Banks by 2018
24/11/2015 (Bloomberg) - Indonesia’s financial regulator will introduce rules to restrict banks’ lending to environmentally-damaging projects by 2018, which may eventually help the nation curb the forest fires that choke parts of Southeast Asia with thick haze for months each year.
CIMB Maintains Add on QL Resources
24/11/2015 (The Star) - CIMB Research maintains its Add call on QL Resources with a higher target price of RM5.26, as it rolled over its P/E valuation of 23 times to 2017.
Crude Palm Oil Falls By 0.8% on Low Demand
24/11/2015 (Business Standard) - Amid muted domestic demand and higher supplies from producing regions, crude palm oil prices fell by 0.83% to Rs 380.10 per 10 kg in futures trade today.
Crude Palm Oil Weekly Report – November 21, 2015
23/11/2015 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,289, due to the strengthening ringgit. The price was little supported by cargo surveyor data showing a rise in export demand.
CPO Prices To Stabilise Following CPOPC Set-up
23/11/2015 (Bernama) - Crude palm oil (CPO) prices will enjoy greater stability and possibly given a boost in the long-run, following the move by Malaysia and Indonesia to set up the Council of Palm Oil Producing Countries (CPOPC), a commodity market expert said Saturday.
Call On Palm Oil Refiners To Venture Into New Markets
23/11/2015 (Bernama) - Palm oil refiners ought to venture into new markets by chartering vessels in bringing palm oil finished products directly to the market place, instead of selling free on board to third parties.
Malaysia, Indonesia To Sign Charter Of The Council Of Palm Oil Producing Countries
23/11/2015 (Bernama) - Malaysia and Indonesia will sign the Charter of the Establishment of the Council of Palm Oil Producing Countries (CPOPC) tomorrow to further promote cooperation among oil palm cultivating countries.
Agro Sector Receives The 2nd Biggest Allocation In 2016 Sabah Budget
23/11/2015 (Bernama) - The agricultural sector received the second biggest allocation in the Sabah 2016 Budget after the infrastructure and public amenities sector with an allocation of RM469.50 million.
VEGOILS-Palm Oil Drops on Weak Demand, Stronger Ringgit
23/11/2015 (Reuters) - Malaysian palm oil futures fell on weak export demand on Thursday, with a stronger ringgit also adding downward pressure on prices.