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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
Sierra Leone Farmers Get 280,000 Euros Technical Assistance
21/08/2013 (Patriotic Vanguard) - The Technical Assistance Facility (TAF) of the African Agriculture Fund (AAF) is pleased to announce a grant of €280,000 to Center Piece Industries Limited (Center Piece) for the implementation of the TAF Smallholder Oil Palm Support Program in Sierra Leone.
Villar Pushes Oil Palm in Davao Oriental
21/08/2013 (BusinessWorld Online Edition) - Oil palm should be among the preferred crops for planting in areas ravaged by typhoon Pablo in Davao Oriental, Sen. Cynthia A. Villar told local media.
CB Industrial Product is a Buy, say HwangDBS and RHB Research
21/08/2013 (The Star) - Palm oil specialist CB Industrial Product Bhd’s second quarter net profit came in below expectations at RM18.9mil, 20% down year-on-year, but HwangDBS Vickers Research remains bullish on the stock, maintaining its Buy call with the target price revised downwards 10 sen to RM3.10 for the stock which closed at RM2.87 on Monday.
EU Pulls Punitive Duties on Indonesia’s Biofuel
21/08/2013 (Jakarta Post) - The European Union (EU) has decided to free Indonesian biofuel from provisional countervailing duties, as its preliminary investigation reveals insignificant subsidy margins.
India-Indonesian Trade To Touch $ 45 B By 2015
21/08/2013 (Hindu Business Line) - Bilateral trade between India and Indonesia is set to increase to $45 billion by 2015 from the current level of $16.80 billion, according to Hariyanta Soetarto, Consul and Head of Chancery, Consulate General of Indonesia.
Surging Dollar Drives Up Edible Oils
21/08/2013 (Hindu Business Line) - Edible oils prices continued to rule firm on Tuesday as import parity continued to go up due to weak domestic currency against the dollar.
KL Kepong 3Q Profit Down 18% To RM189M
21/08/2013 (The Star) - Kuala Lumpur Kepong Bhd’s (KLK) earnings fell 18% for its third quarter ended June 30, 2013 to RM189.16mil from RM233mil a year ago due to weaker selling prices of commodities and higher crude palm oil and rubber production cost.
VEGOILS/PALM OIL Market Factors To Watch Aug 21(Wednesday)
21/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Kulim Stopped From Acquiring More NBPOL Shares
21/08/2013 (The Star) - The Papua New Guinea (PNG) market regulator has ordered plantation company Kulim (M) Bhd from acquiring any more shares or from taking any steps to complete the acquisition of shares in New Britain Palm Oil Ltd (NBPOL).
