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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
Activity at Karachi & Qasim Ports
01/12/2014 (Business Recorder) - The Karachi Port handled 128,068 tonnes of cargo comprising 93,785 tonnes of import cargo and 34,283 tonnes of export cargo including 6,760 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 93,785 tonnes comprised of 56,367 tonnes of containerised cargo; 3,834 tonnes of general cargo; 33,584 tonnes of bulk cargo: 26,850 tonnes of coal and 6,734 tonnes of soyabean meal.
Vegoils: Market Factors to Watch Dec 1 Monday
01/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.
Government will Continue to Enhance Agriculture Sector
01/12/2014 (The Sun Daily) - The government will continue to support the development of the agriculture sector to be the main driver of economy in Malaysia.
VEGOILS-Palm Hits 5-wk Low as Crude Drops, Biggest Weekly Drop in 3
29/11/2014 (Reuters) - Malaysian palm oil futures fell to their lowest in more than five weeks on Friday and recorded their biggest weekly drop in three, dragged down by steep losses in crude oil after OPEC decided against curbing output.
Rotterdam Vegetable Oil Prices
29/11/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1700 GMT.
Indonesia Keeps Dec Crude Palm Oil Export Tax at zero
29/11/204 (Reuters) - Indonesia set its crude palm oil export tax for December at zero, a trade ministry official said on Friday, unchanged from the previous month.
Palm Oil Drops on European Vegoils Market
29/11/2014 (Reuters) - Palm oil on the on the European vegetable oils market eased on Thursday with Malaysian palm oil futures, due to a fall in mineral oil prices which could lead to reduced demand for vegetable oils from biodiesel producers. "The market was quiet overall due to the absence of a lead from Chicago due to the Thanksgiving Day holiday, and lack of participants because of the annual Grofor trade dinner in Hamburg and a palm oil conference in Indonesia. The sharp fall in mineral oil caused some selling on expectations palm oil futures might drop in sympathy on Friday," one broker said.
Sime Bullish on Growth Outlook
29/11/2014 (New Straits Times) - SIME Darby Bhd, which posted a higher net profit of RM500.69 million in the first quarter ended September 30, is confident of its growth outlook, given the stabilised crude palm oil (CPO) prices.
BLD Plantation Records RM28.365 Million Profit Before Tax
28/11/2014 (Borneo Post) - BLD Plantation Bhd (BLD Plantation) has recorded a profit before tax of RM28.365 million for the cumulative period ended Sept 30, 2014, compared to the profit before tax of RM37.582 million reported for the corresponding financial period of preceding year.
