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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
Mistry Predicts Palm Oil Rally as ’Worst Over’ on Output
30/10/2014 (Bloomberg) - Palm oil may rally as much as 10 percent by March as declining output in the world’s top producers depletes inventories, according to Dorab Mistry, director at Godrej International Ltd.
IOI Expects CPO Prices To Increase Next Year
30/10/2014 (Bernama) - IOI Corp Bhd, a fully-integrated upstream and downstream player in the palm oil industry, foresees the crude palm oil (CPO) price increasing in the first quarter of next year to between the RM2,300 and RM2,600 levels.
Wilmar, Sime Earn Top-Pick Status From Mistry on Palm
30/10/2014 (Bloomberg) - Wilmar International Ltd. (WIL) and Sime Darby (SIME) Bhd. were chosen by Dorab Mistry as his top picks among palm oil companies as the director at Godrej International Ltd. forecast prices will rally into next year. The shares rose as futures in Kuala Lumpur advanced to the highest since July.
Malaysia, Guangzhou Trade Hits US$18.26 Billion
30/10/2014 (Bernama) - Malaysia remains the southern Chinese city of Guangzhou's top trading partner in Asean, with the trade volume between both sides amounting to US$18.26 billion in the first nine months of the year.
BOI Notes P21-B Investments
30/10/2014 (Sun.Star) - The Board of Investments (BOI)-Davao Extension Office registered a total of P21.127 billion worth of investments from January to August this year.
Rotterdam Vegetable Oil Prices
30/10/2014 (Reuters) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.
Astra Agro Profits Double as Higher CPO Prices Push up Revenues
30/10/2014 (Jakarta Post) - Publicly listed palm-oil producer PT Astra Agro Lestari (AALI) saw a twofold net profit growth this year as of September, thanks to an improvement in crude palm oil (CPO) prices as well as an increase in production.
Moves Won’t Hike CPO Prices
30/10/2014 (The Star) - The implementation of higher biodiesel mandate to B7 and the imposition of zero duty on CPO exports from September to December are positive measures to reduce rising palm oil stocks, but they will not drive up crude palm oil (CPO) prices significantly.
Palm Prices to Be Capped at 2,300 Rgt if Brent Falls to $85 - Analyst Fry
30/10/2014 (Reuters) - Prices of Malaysian crude palm oil may be capped at 2,300 ringgit ($704) if Brent crude prices fall to $85, leading industry analyst James Fry said on Wednesday.
