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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
Malaysia palm oil output set for steep drop after Sabah floods
Palm Oil Imports by India Seen Climbing as Local Supplies Fall
11/06/2013 (Bloomberg) - Palm oil imports by India, the world’s largest buyer, probably jumped to the highest in three months in May as local supplies fell amid expanding demand.
Group Warns Government Against Turning Mindanao Into Palm-Oil Hub
11/06/2013 (Business Mirror) - A private research group here cautioned the government against turning Mindanao into a center of palm-oil production, saying this would directly threaten existing coconut plantations, the island’s major agriculture export crop.
Nigeria: \'Competition Good for Nigeria\'s Oil Palm Plantation Industry\'
11/06/2013 (AllAfrica.com) - The Managing Director and Chief Executive Officer of PZ Cussons Nigeria Plc, Mr. Christos Giannopoulos, has said the oil palm plantation industry in Nigeria requires more competition in order to help the sector achieve its inherent potentials and drive it to global prominence.
Investors To Spend More on Palm Oil Refineries
11/06/2013 (Jakarta Post) - Indonesia, the world’s biggest palm oil producer, will spend at least US$2.7 billion to build crude palm oil (CPO) processing facilities until 2014 to further boost the country’s CPO production capacity, an executive from the palm oil producer association has said.
Five Firms in Biomass Deal
11/06/2013 (Daily Express) - Five major plantation companies signed the Biomass Joint Venture (JV) cluster agreement, the first of its kind in the biomass manufacturing industry, here, Monday.
Activity At Karachi And Qasim Ports
11/06/2013 (Business Recorder) - The Karachi Port handled 108,596 tonnes of cargo comprising 58,031 tonnes of import cargo and 50,565 tonnes of export cargo including 5,050 loaded and empty containers during the last 24 hours ended at 0700 hours on Monday. The total import cargo of 58,031 tonnes comprised 34,106 tonnes of containerised cargo and 23,925 tonnes of oil/liquid cargo.
Malaysia\'s Main Stock Index Just A Hair’s Breadth Away From Record Close on May 14
11/06/2013 (The Star) - Malaysian blue chips have staged a rally, led by plantation heavyweights, pushing the FTSE Bursa Malaysia KL Composite Index up 12.21 points to 1,787.80, just a hair's breadth away from its record close of 1,788.43 points on May 14.
Weak Rupee Heats Up Edible Oils
11/06/2013 (Hindu Business Line) - A weak rupeepushed up prices of imported palmolein by Rs 5 on Monday. Local refineries have raised their rates for palmolein, soyabean and sunflower oils by Rs 7-10 for 10 kg each. The bullish domestic market contrasted with the bearish trend in Malaysian palm oil futures, ahead of official inventory data.
CIMB Research Maintains Neutral on Plantations
11/06/2013 (The Star) - CIMB Equities Research is maintaining its Neutral recommendation on the plantation sector and its key picks are First Resources, Wilmar and IOI Corp.
