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CPO prices to consolidate at RM4,000 to RM4,300
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
VEGOILS-Palm Oil Gains To 2-Week Top on Export Recovery
17/08/2012 (Reuters) - Malaysian crude palm oil futures edged up to a near 2-week high on Thursday as exports staged a tentative recovery, signalling stocks could come under pressure.
India\'s July Refined Palm Oil Imports Down From June
17/08/2012 (Reuters) - India imported 112,611 tonnes of refined palm oil in July, down 9.28 percent from June and slightly above the average of a Reuters poll, data released by a leading trade body showed on Thursday.
UPDATE 1-India\'s July Refined Palm Oil Imports Down 9 Pct on Mth
17/08/2012 (Reuters) - India's refined palm oil imports fell 9.3 percent in July in the second straight monthly decline as importers feared the world's biggest buyer would raise duties on purchases to cut cheap supplies from Indonesia,industry data showed on Thursday.
Global Palm Oil Prices Hurt Returns for Indonesian Plantation Companies
17/08/2012 (Jakarta Globe) - Salim Ivomas Pratama and London Sumatra Indonesia, plantation units of the Indofood Group, have seen profits tumble on falling global palm oil prices.
Coconut Board Seeks Ban on Palm Oil Import
17/08/2012 (Hindu Business Line) - The Coconut Development Board has sought a ban on palm oil import in view of the steep fall in coconut oil prices.
TABLE-India July vegoil Imports up - Trade
17/08/2012 (Reuters) - India's vegetable oil imports in July were 870,328 tonnes, up 11.1 percent from the previous month, data from the Solvent Extractors' Association (SEA) showed on Thursday.
Palm Oil Need Not Come at Expense of the Environment
17/08/2012 (Mongabay.com) - Palm oil production need not come at the expense of the environment, says Greenpeace in a new campaign that highlights a smallholder approach used by a community in Riau Province on the island of Sumatra.
Withdraw Fines on Unripe Oil Palm Fruits, Board Urged
17/08/2012 (The Star) - The Malaysian Palm Oil Board should revoke a ruling that sees smallholders selling unripe oil palm fruits being fined, said Deputy Agriculture and Agro-based Industries Minister Datuk Chua Tee Yong.
Malaysian Cues Lift Edible Oils
17/08/2012 (Hindu Business Line) - Edible oils rose on Thursday tracking as Malaysian palm oil rebounded and futures markets turned bullish. Imported palmolein and soya oil rose by Rs 3 and Rs 5 for 10 kg each. Indigenous sunflower oil, cottonseed oil and rapeseed oil increased by Rs 5, Rs 2 and Rs 4 for 10 kg each, respectively. Groundnut oil edged up by Rs 10 for 10 kg tracking a jump of more than Rs 30 in Saurashtra on shortage of nuts for crushing.
