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CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
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 Oil Climbs to Highest in Four Weeks as China Boosts Imports
25/10/2012 (Bloomberg) - Palm oil advanced to the highest level in almost four weeks after China reported increased imports, estimates from Malaysia showed rising shipments and analysts including Oil World forecast a rally.
Hamzah: Palm Oil Deals Hindered by Bumper Soya Crop
25/10/2012 (The Star) - Pakatan Rakyat should stop making wild allegations that the Government’s treatment of sugar tycoon Robert Kuok was a factor which hampered Malaysia’s unsuccessful palm oil deals with China, said Deputy Commodities and Plantation Industries Minister Datuk Hamzah Zainuddin.
Industrial Sector to Draw RM3.8 Bln, Create 2,183 Jobs
25/10/2012 (Borneo Post) - The Industrial Development Ministry is targeting RM3.883 billion investment with 2,183 jobs in the state by next year, said its minister Datuk Raymond Tan.
Ivory Coast Palmci Says H1 Net Down 21 Pct
25/10/2012 (Reuters) - Palmci posted a mid-year net profit of 21.76 billion CFA francs ($43.01 million), down 21 percent from a year earlier, the natural palm oil producer said on Wednesday.
African Experts: French Companies Undermine African Small Farmers (PRESS RELEASE)
25/10/2012 (EON: Enhanced Online News) - The Initiative for Public Policy Analysis (IPPA), the Nigeria-based public policy think-tank, and leading African economists wrote today to the chief executives of Casino, System U, Jacquet and Lays in support of the legal complaint before the Tribunal de Commerce de Paris by the Inter-professional Association of Oil Palm Industry (AIPH) of Cote d'Ivoire against System U for their inflammatory and harmful campaign against palm oil. The untruths leveled by these companies against palm oil is having harmful effects on small farmers across Africa and Asia – and it will affect the livelihoods and life chances of hundreds of thousands of low-income farmers.
India To Get Record Malaysian Palm Oil
25/10/2012 (India Times) - Malaysian palm oil exports to India are likely to touch a record high of over two million tonnes (mt) in calendar 2012. "Due to the export duty cut announced by Malaysia from January 1, we believe it would prompt India to buy more palm oil from us next year. The figure may touch 2mt this year," said Lee Yeow Chor, chairman, Malaysian Palm Oil Council (MPOC).
Total Investments In SDC Reach RM114.045 Billion As Of Sept 30
25/10/2012 (Bernama) - Total investments in the Sabah Development Corridor (SDC) reached RM114.045 billion from 2008 to Sept 30 this year, said Chief Minister Datuk Seri Musa Aman.
Felda Refutes Opposition\'s Claim, Buys FFB From Settlers At Normal Market Price
25/10/2012 (Bernama) - Felda Global Group has reiterated that Felda buys fresh fruit bunches (FFB) from its settlers at current market price, and not as alleged by an opposition lawmaker.
Senior Malaysian, Indonesian Officials To Meet On Oil Palm Sector
24/10/2012 (Bernama) - Senior Malaysian and Indonesian officials will meet early next month to discuss areas of cooperation for the oil palm sector, said Plantation Industries and Commodities Minister, Tan Sri Bernard Dompok.
