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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
Renewable Energy Development Needs Govt Investment
09/12/2014 (Jakarta Post) - The new administration under President Joko “Jokowi†Widodo needs to jump start the development of new and renewable energies by reducing its dependence on fossil fuels and subsidizing the renewable energies sector, an expert says.
Government to Require Letters of Credit in Exports Again to Manage Earnings
09/12/2014 (Jakarta Post) - The government plans to require the use of letters of credit (L/C) in exports, in a move that may see the country’s export earnings better managed and may strengthen foreign exchange (forex) reserves.
Global Environment Facility Wants to Coordinate Green Supply Chains
09/12/2014 (Reuters) - The Global Environment Facility, which has provided $13.5 billion in grants to developing nations since 1991, wants a wider role in protecting nature by tightening commodity supply chains from farmers to consumers.
Deforestation Cuts Into Climate Change Goals
09/12/2014 (Thomson Reuters Foundation) - Mines, palm oil plantations, large farms and mining projects are contributing to an alarming pace of forest destruction, a new report has found, hampering efforts to curb global warming.
FIC Vegetable Oil Labelling Rules Have Not Led to Mass Reformulation, Says EPOA
09/12/2014 (FoodNavigator.com) - The Food Information for Consumers (FIC) regulation is due to come into force across the EU on December 13, and with it a requirement to identify specific vegetable oils on ingredient lists. Currently food manufacturers can either list the particular oil – rapeseed, sunflower, soy, etc. – or they can use the generic term ‘vegetable oil’.
Export Decline to Put Pressure on Ringgit
09/12/2014 (Business Times) - MIDF Investment Research (MIDF Research) says a lower trade surplus recorded by Malaysia in October, due to a stronger-than-expected decline in exports, will put pressure on the ringgit.
Shipping Activity at Port Qasim
09/12/2014 (Business Recorder) - Three ships C.V MSC Freedom, C.V Posen and M.T Bahrain Vision carrying containers and chemicals were allotted berths at Qasim international Container Terminal and Engro Vopak Terminal respectively at Port Qasim during last 24 hours.
Crude Palm Oil Weekly Report – December 6, 2014
08/12/2014 (Borneo Post) - Malaysian palm oil futures climbed marginally higher on Friday to 2,173, due to a weakening ringgit.
No Vested Intest in Deal
08/12/2014 (Borneo Post) - Human Resources Minister Datuk Seri Richard Riot denies having any personal interest in any deals to bring in 12,000 Bangladeshi workers to Sarawak.
