|
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
Palm Oil May Consolidate, Rise
19/10/2013 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives ended higher on Friday, reversing some losses of the previous session after the ringgit eased a little. However, hopes of a lower-than-expected rise in stocks lifted prices to help palm oil post its second weekly rise in a row. A minor rise in production growth in October, along with robust demand, is expected to keep stocks below the psychological level of two million tonnes this year. Cargo surveyor data showed that exports of Malaysian palm oil in the first half of October rose to between 7,81,043 tonnes and 7,99,853 tonnes, some 7-12 per cent higher from a month earlier. Market players will be waiting for export data for the October 1-20 period, due on October 21, to gauge further demand. Energy prices tanked as US inventory data pointed to a well-supplied market, denting sentiment for the edible oil complex.
Profile of Bakrie Sumatera Plantations: Palm Oil and Rubber Producer
19/10/2013 (Indonesia Investments) - Indonesia Investments has updated the company profile of Bakrie Sumatera Plantations. The company is an Indonesian integrated agribusiness company that engages in oil palm and rubber plantations.
VEGOILS-Palm Slips From 5-wk High As Investors Book Profits
18/10/2013 (Reuters) - Malaysian palm oil futures ended lower on Thursday as investors booked profits from a five-week high that was buoyed by robust exports and optimism that output volumes in the world's second-largest producer may not surge as much as initially expected.
Edible Oil Traders Turn Cautious
18/10/2013 (Hindu Business Line) - Edible oils prices rose on Thursday tracking firm futures market amid tight physical supply. Malaysian palm oil ruled firm during the day but profit booking pulled it down later.
Malaysia’s Palm Oil Industry Faces Tough Market
18/10/2013 (Oxford Business Group) - The palm oil industry in Malaysia appears set for an uncertain few months, with a number of factors coming into play over the last quarter of the year that could push already low prices down even further, just at the time when production is about to peak.
Indonesian Investors Mull Expansion of Oil Palm Plantation, Processing Plant in Agsur
18/10/2013 (PIA) - Seven members of the Indonesian investment team from two Indonesian government owned and controlled companies named PT Perkebunan Nusantara (PTPN) and Pertamina paid visit here for an investment mission particularly to expand Indonesia’s oil palm industry in the Philippines, utilizing idle lands in the hinterlands in order that they become productive.
Indonesia\'s Palm Oil Sector Not Happy with New Plantation Size Limit
18/10/2013 (Indonesia Investments) - Business players within Indonesia\'s palm oil sector have expressed concern about a recently introduced law that stipulates limits to plantations sizes, including oil palm plantations. The government of Indonesia issued law Permentan No 98/Permentan/OT.140/9/2013 that sets maximum boundaries to the surface area of eleven commodities. The palm oil industry of Indonesia now argues that targets mentioned in the country\'s palm oil roadmap cannot be met. For example, the production target of 40 million tons of palm oil by 2020 is in jeopardy.
Malaysian Companies Conclude Business Worth RM664.65 Million At Tehran Exhibition
18/10/2013 (Bernama) - Malaysian exhibitors at the recently-concluded Tehran International Industry Exhibition clinched business deals worth RM664.65 million.
Feronia Inc. Announces Commencement of Crude Palm Oil Production at Yaligimba Palm Oil Mill
18/10/2013 (Marketwired) - Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to announce the commencement of palm oil production at its Yaligimba plantation in the Equateur province of the Democratic Republic of the Congo.
