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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
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Bullish Momentum Expected to Extend This Week
18/08/2014 (Borneo Post) - In my article last week, I mentioned that the market is bearish but a technical rebound is expected with the index trading between 1,840 and 1,860 points. The market did rebound last week after the market found some footing after a knee-jerk reaction over US’s targeted airstrike in Iraq.
Nigeria: South-East Asian Countries Seek Improved Ties With Nigeria
18/08/2014 (AllAfrica.com) - The Association of Southeast Asian Nations (ASEAN) has called for improved relations with Nigeria given the nation's immense human and material resources.
Full-Year GDP Could Exceed 5.5% on Stronger 1H, Says Bank Negara
18/008/2014 (Sun Daily) - The Malaysian economy, as measured in gross domestic product (GDP), is likely to exceed 5.5% growth judging from encouraging performance in the first half of 2014, with the economy growing 6.4% in the second quarter, building on the 6.2% rise in the first quarter, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.
Crude Palm Oil Weekly Report – August 17, 2014
18/08/2014 (Borneo Post) - Malaysian crude palm oil prices continued to go lower on Friday.
Palm Oil Shipments From Indonesia Climb to Seven-Month High
18/08/2014 (Bloomberg) - Palm oil exports from Indonesia, the world’s biggest producer, probably advanced in July to the highest level this year after India boosted purchases, helping to reduce stockpiles as output fell.
Malaysia Cuts September Crude Palm Oil Export Tax to 4.5 Pct
16/08/2014 (Reuters) - Malaysia, the second-largest palm grower, lowered its crude palm oil export tax for September to 4.5 percent, a government circular showed on Friday, the first cut in two months.
Improving National Agricultural Output
16/08/2014 (Nigerian Observer) - The basic fundamental of all economies is agriculture and all industrial nations know this. That their economies are on solid rock is basically because they have galvanized their agricultural potentials, which is also the offshoot of their industrial development That is why concerned citizens of Nigeria have continued to warn on the dangers of continued dependence In the nation on crude oil which is today the mainstay and sustaining source of the Nigerian economy.
Indonesia Lawmakers Draft Bill to Slash Foreign Ownership of Plantations
16/08/2014 (Reuters) - Indonesian lawmakers are looking to restrict foreign ownership of plantations to no more than 30 percent, as the top palm oil producer tries to maximise land usage, protect indigenous people and tighten environmental controls in the sector.
More Than Half of Global Suppliers Commit to 100% Sustainable Palm Oil
16/08/2014 (Sustainable Brands) - Suppliers of more than 55 percent of the world’s palm oil have committed to produce or trade 100 percent deforestation-free palm oil in response to demands by global brands, who in turn were responding to investor pressure, according to Ceres.