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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
Pakistan, Malaysia Have Vast Potential in Agriculture, Livestock
04/10/2013 (Daily Times) - Pakistan and Malaysia have vast potential for collaboration in the field of agriculture and livestock.
CCEA Approves National Mission on Oilseeds and Oil Palm
04/10/2013 (Economic Times) - The government today approved implementation of the National Mission on Oilseeds and Oil Palm (NMOOP) during the 12th Plan Period and has allocated Rs 3,507 crore for the purpose.
MPOB Appoints Ar Wan Mohammad Khair-il Anuar As New Chairman
04/10/2013 (Bernama) - Malaysian Palm Oil Board (MPOB) has appointed Datuk Ar Wan Mohammad Khair-il Anuar Wan Ahmad as its chairman, effective Sept 11, succeeding Tan Sri Shahrir Abdul Samad.
Palm Drops to One-Week Low as Malaysian Output Rises, Oil Slides
04/10/2013 (Bloomberg) - Palm oil dropped for a second day to a one-week low on speculation that increasing output from Malaysia, the second-largest producer, will add to stockpiles and as a decline in crude oil prices cut its appeal as biofuel.
Okomu Oil Palm Falls to 3-Month Low as Prices Drop: Lagos Mover
04/10/2013 (Bloomberg) - Okomu Oil Palm Plc (OKOMUOIL), a Nigerian processor of the commodity, fell to the lowest since June 25 as global prices retreated, prompting concern that the company’s earnings will drop, according to Asset & Resource Management Co.
Activity at Karachi and Qasim Ports
04/10/2013 (Business Recorder) - The Karachi Port handled 124,433 tonnes of cargo comprising 88,617 tonnes of import cargo and 35,816 tonnes of export cargo including 3,821 loaded and empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 88,617 tonnes comprised 19,850 tonnes of containerised cargo; 318 tonnes of general cargo; 38,982 tonnes of bulk cargo: 31,993 tonnes of coal; 2,971 tonnes of DAP; 4,018 tonnes of wheat and 29,467 tonnes of oil/liquid cargo.
Lee Yeow Chor To Helm Unico
04/10/2013 (The Sun) - IOI Corp Bhd group executive director Datuk Lee Yeow Chor, who is the eldest son of the plantation group's executive chairman and CEO Tan Sri Lee Shin Cheng, has taken over the helm of Unico-Desa Plantations Bhd.
Felda Seeking Land Acquisitions With $814 Million Left From IPO
04/10/2013 (Bloomberg) - Felda Global Ventures Bhd. (FGV), the world’s third-largest manager of oil palm plantations, may buy land in Southeast Asia and expand into Africa with 2.6 billion ringgit ($814 million) remaining from its share sale.
VEGOILS-Palm Ends Lower, High US Soybean Supply Drags
03/10/2013 (Reuters) - Malaysian palm oil futures ended lower on Wednesday, tracking weak soy markets, as investors fretted about surging global supply of the competing oilseed that could snatch demand away from the tropical palm.
