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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
US-IRAN ESCALATION KEEPS OILPRICES FIRM, LIFTS PALM OIL OUTLOOK—MPOC
Rotterdam Vegetable Oil Prices
16/07/2013 (Business Recorder) - Monday's Rotterdam vegetable oil prices at 1600 GMT.
Oil Palm Plantations: Environmental Lame Duck and Scapegoat
16/07/2013 (Jakarta Post) - The palm oil industry has been blamed for the recent Sumatra land and forest fires that caused transborder haze pollution in Singapore and Malaysia. The governments of Singapore and Malaysia urged Indonesia to take measures to address the fires, while President Susilo Bambang Yudhoyono apologized for the haze saga.
Crude Palm Oil Weekly Report 14 July 2013
15/07/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives fell from the peak of 2,400 to as low as 2,295 at end the week in a bearish note. Despite the Malaysian Palm Oil Board (MPOB) report leaning towards positive sentiment, the bearish export figures from both MPOB, Intertek Testing Services (ITS) and Societe Generale de Surveillance (SGS) reports dominated the week’s selloff.
Refined Palm Imports by India Seen at Record High on Lower Taxes
15/07/2013 (Bloomberg) - India, the world’s biggest palm oil buyer, is set to import record amounts of the refined variety, taking advantage of lower export taxes in Indonesia and Malaysia as the producers seek to encourage domestic refining.
USM Innovators Impress Jury
15/07/2013 (New Straits Times) - Universiti Sains Malaysia's Engineering Campus emerged overall winners at the recent 3rd Innovate Malaysia Design Competition, beating out more than 180 teams.
Cabinet Input Sought on Oil Palm Land Rows
15/07/2013 (The Nation) - The Forestry Department will ask the Cabinet to issue guidelines governing the use of oil palm plantations where concessions have expired to try to cut chronic conflict between landless farmers and companies, after clashes with officials when farmers went on to forest reserves.
Stopping Oil Palm Seedling Supply Unjustifiable, Says MP
15/07/2013 (Borneo Post) - The Ministry of Plantation Industries and Commodities should provide detailed figures on oil palm planted areas in the state for the first half of this year.
Commodity Weekly Report – 14 July 2013
15/07/2013 (Borneo Post) - Last week, the Fed chairmen Ben S Bernanke spoke after the Federal Open Market Committee (FOMC) minutes that he could foresee financial stimulus as necessary in current economy.
Add Value, PM Tells Smallholders
15/07/2013 (New Straits Times) - Prime Minister Datuk Seri Najib Razak said yesterday smallholders should not only focus on producing commodities, but also must be involved in activities that add value to their produce and increase income.