|
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
Rising Prices To Impact Crude Palm Oil Imports
17/08/2013 (Hindu Business Line) - Rupee depreciation is likely to hit imports of crude palm oil by India, the world’s largest market for the commodity, driving down prices in the medium term. Concerns about demand from China, another major market, and a significant harvest in the first half of 2013 are also likely to depress rates for the cooking oil.
Palm Oil To Test Resistance, Fall
17/08/2013 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher and posted their best weekly performance since early February, as rising exports boosted investor optimism. Malaysian palm oil exports for the Aug. 1-15 period rose 17.7 per cent from the same period a month ago to 644,589 tonnes, cargo surveyor Intertek Testing Services said on Thursday.
VEGOILS-Palm Rises To 1-Mth High on Strong Exports
16/08/2013 (Reuters) - Malaysian palm oil futures rose to the highest in more than a month on Thursday, boosted by strong exports from the world's second-largest producer as major buyer China stocks up ahead of the Mid-Autumn festival in September.
Oil Palm Gene May Be Step to Sustainable Plantations
16/08/2013 (Wall Street Journal) - Scientists have identified the gene responsible for determining the yield of oil palm fruits. The discovery is being hailed as a breakthrough, potentially paving the way to thwart disease, increase yield and reduce tensions with environmentalists, though much work is ahead before the finding can be applied commercially.
Indonesian Palm Oil Exports Seen Holding Near Two-Month Low
16/08/2013 (Bloomberg) - Palm oil shipments from Indonesia, the biggest producer, were probably little changed last month from the two-month low in June as higher local prices lured importers to cheaper supplies from Malaysia. Futures rose.
Kenanga Research \"Neutral\" On Plantation Sector
16/08/2013 (Bernama) - Kenanga Research has maintained a "neutral" call on the plantation sector, while leaving its current calendar year 2013-2014 average crude palm oil (CPO) price forecast of between RM2,500-RM2,700 per metric tonne, unchanged.
Salcra Identifies 22 New Areas For Oil Palm Estates
16/08/2013 (Bernama) - The Sarawak Land Consolidation and Rehabilitation Authority (Salcra) has identified 22 new areas, involving 61,000 hectares throughout the state for the setting up of oil palm estates, Deputy Chief Minister Tan Sri Alfred Jabu said today.
Amresearch Remains Positive on Plantation Sector
16/08/2013 (The Star) - AmResearch remains positive on Malaysia’s plantation sector for now and it has Buy recommendations on Genting Plantations, IJM Plantations, TSH Resources and KL Kepong.
CPO Riding on Biodiesel Wave, Increase in Consumption
16/08/2013 (Borneo Post) - Malaysia’s crude palm oil (CPO) saw its stockpile rise despite a surge in production, spurred by robust biodiesel factors as well as an increase in palm oil consumption.
