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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
Improve Efficiency To Face Low CPO Price
08/07/2013 (The Star) - The current low crude palm oil (CPO) price has been a major challenge to the plantation companies’ profitability, with their operational margins being pressured by higher production costs this year.
Chances Slim But RI Fights On For Palm Oil
08/07/2013 (Jakarta Post) - As the third Asia Pacific Economic Cooperation (APEC) senior officials meeting ended on Saturday, Indonesia was yet to receive an affirmative response from other countries on its proposal to put palm oil and rubber on the group’s list of environmental goods eligible for tariff reduction.
Rupee Fall, Festive Seasonal Buying May Boost Palm Oil Prices: Emkay
08/07/2013 (Myiris.com) - CPO futures at MCX ended higher tracking expectations of lower palm oil production and inventories for June month. BMD Market was buoyed on Friday by expectations that stocks will ease and exports will rise during the July 1-10 period. Talks of increase in import duty from present 7.5% to 20% have supported the strength in palm oil prices. Higher physical demand ahead of festivals is likely to strengthen the demand for palm oil in near to short term. Industry regulator Malaysian Palm Oil Board will release June stocks and production report on Wednesday.
Activity At Karachi And Qasim Ports
08/07/2013 (Business Recorder) - The Karachi Port handled 116,346 tonnes of cargo comprising 74,304 tonnes of import cargo and 42,042 tonnes of export cargo including 5,405 loaded and empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 74,304 tonnes comprised 37,078 tonnes of containerised cargo; 26 tonnes of general cargo and 37,200 tonnes of oil/liquid cargo.
Palm Swings as Drop in China Holdings Counters Malaysia Concern
08/07/2013 (Bloomberg) - Palm oil swung between gains and losses as speculation that stockpiles in Malaysia may rebound from this month was countered by data that showed inventory in China extended a decline.
Sabri To Spruce Up Biodiesel Sector
08/07/2013 (The Star) - Employees of plantation conglomerate Felda Global Ventures Holdings Bhd (FGVH) will bid adieu to their friendly and soft-spoken group president and chief executive officer Tan Sri Sabri Ahmad whose term is expiring next Monday.
FGVH To Ink Share Purchase Deals For Upstream Activities
08/07/2013 (The Star) - Plantation group Felda Global Ventures Holdings Bhd (FGVH) will hold a signing ceremony on Tuesday on its share purchase agreements.
VEGOILS-Palm Oil Rises To 1-Week High, Stocks Data Eyed
06/07/2013 (Reuters) - Malaysian palm oil futures rose to a more than one-week high on Friday, reversing losses seen earlier in the session as hopes for a drawdown in stocks in the world's No.2 producer helped offset concerns about rising output.
Scandic Restaurants To Stop Using Palm Oil
06/07/2013 (MENAFN.COM) - Scandic has been working with sustainability issues since the mid-1990s. Water, energy, waste and carbon dioxide emissions are some of the areas monitored by the Group every month, to ensure continuous improvement with respect to sustainability. Now the company is focusing on its restaurant offer, and has decided to replace palm oil with rapeseed and sunflower oil. Scandic's restaurants use around 75 thousand litres of oil every year just for deep-frying. The use of palm oil has already ceased in Norway, Denmark and Finland.
