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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
UPDATE 1-ADM, Wilmar Get Green Light on Joint Venture
19/10/2012 (Reuters) - U.S. agribusiness Archer Daniels Midland Co and Wilmar International Ltd, the world's largest listed palm oil producer, said on Thursday they completed regulatory approvals for a partnership in the global fertilizer and European vegetable oil sectors.
Go Further on Biofuels Reforms, EU Urged
19/10/2012 (PublicServiceEurope.com) - If the EU is to achieve its aim of ensuring 'truly sustainable' biofuels, it needs to look beyond greenhouse gas emissions and act to protect local people and the environment, say researchers.
The Philippines: Breaking New Ground in Agriculture
19/10/2012 (Oxford Business Group) - The signing of a peace agreement between the Philippines government and separatist rebels on the island of Mindanao may result in significant social and economic benefits, including a much-needed boost to the agriculture sector, which has long lagged behind regional rivals.
Greenpeace Calls Commission to Revise Biofuels Policy
19/10/2012 (New Europe) - Greenpeace welcomes the European Commission’s decision to finally recognize the severe side-effects of biofuels made from palm oil, rapeseed and soybeans and other food crops, however, it says that its long-awaited proposal to clean up Europe’s biofuels policy is less than effective. It also calls the Commission to revise it immediately as to respond to the full climate change impact of biofuels.
Tight Supplies Lift Edible Oils
19/10/2012 (Hindu Business Line) - Edible oils extended gains on tight supply on Thursday. Improved local demand ahead of Dussehra pushed up groundnut, sunflower and rapeseed oils by Rs 5 for 10 kg each. Cottonseed refined oil increased by Rs 2 for 10 kg, while imported soyabean oil and palmolein edged up by Rs 5 and Rs 2 each tracking firm futures. Stockists bought palmolein for forward delivery, while volume in the ready market remained subdued. Higher closing of Malaysian palm oil futures pushed up the sentiment in the physical market, said market sources.
VEGOILS-Palm Oil Prices Climb, But High Stocks Cap Gains
18/10/2012 (Reuters) - Malaysian palm oil futures ended higher in rangebound trade on Wednesday, as rising exports offset analyst expectations that the market will fall further on high stocks.
Moody\'s: Palm Oil Tax Cut Credit Positive for Industry
18/10/2012 (The Star) - Moody's Investors Service views Malaysia's decision to reduce the crude palm oil (CPO) export tax as credit positive for the industry but sees downward pressure on CPO prices until the reduced rate takes effect on Jan 1.
Peru Promoting Palm Oil Production In Ucayali Region
18/10/2012 (BERNAMA) - Peru's Agroideas programme will encourage crop production restructuring in the Ucayali region through palm oil production, which has become an important business option.
Palm Oil Gains to One-Week High as China Shows Signs of Recovery
18/10/2012 (Bloomberg) - Palm oil advanced for a second day to the highest level in almost one week after China, the world’s largest consumer of cooking oils, showed signs of recovery as industrial production and retail sales accelerated in September.
