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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
Microwaving Retains RPO\'s Carotene Content, Study Finds
15/08/2012 (Foodprocessing) - Microwave heating of red palm oil (RPO) retains a higher carotene content than RPO that has been conventionally heated, researchers at Universiti Teknologi MARA in Singapore have found.
Blue Chips Barely Higher, CPO Hits 10-Month Low
15/08/2012 (The Star) - Blue chips were marginally higher at midday on Tuesday, underpinned by gains in DiGi and YTL Corp, but the broader market saw some profit taking on Petronas-linked stocks and Tenaga.
Sarawak Plantations Q2 Earnings Dn 28.3% To RM16.17M
15/08/2012 (The Star) - Sarawak Plantations Bhd's earnings fell 28.3% to RM16.17mil in the second quarter ended June 30, 2012 from RM22.58mil a year ago as it was impacted by lower prices.
Cargill Smallholders Receive European Certification for the Supply of Sustainable Biofuels
15/08/2012 (Food Ingredients First) - Smallholders at Cargill's palm oil plantation, PT Hindoli in South Sumatra, Indonesia, recently became the one of the first smallholders to receive official certification for sustainable palm oil supply for biofuels, according to the International Sustainability and Carbon Certification (ISCC) standards within the European Union (EU). ISCC is a certification scheme approved by the EU to cover the EU Renewable Energy Directive (RED). This means that Cargill is able to provide its customers with palm oil destined for energy applications that are working towards compliance with the RED which is being written into law by EU member countries.
Tanzania: Govt Seeks to Reduce Cooking Oil Imports
15/08/2012 (AllAfrica.com) - Despite an increase in the production of oilseeds, the country still imports 60 per cent of cooking oil, the parliament was told.
IndoAgri Q2 Profit Falls 17.9% on Lower Margins
15/08/2012 (Business Times) - Indofood Agri Resources Ltd on Tuesday said its net profit for the fiscal second quarter ended June 30, 2012 fell 17.9 per cent year on year to 253.6 billion Indonesian rupiahs (US$26.72 million).
RI Slashes Palm Oil Export Estimate To 17.6 Million Tons
15/08/2012 (Jakarta Post) - Indonesia, currently the world’s largest palm oil producer, is expecting the sluggish growth of palm oil exports due to China’s slow economic growth and the ongoing economic uncertainty in Europe, according to the nation’s palm oil association.
India\'s PEC Cancels Tender To Import Crude Palm Oil - Sources
14/08/2012 (Reuters) - India's PEC Ltd has cancelled a tender to buy 3,000-6,000 tonnes of crude palm oil of Indonesian or Malaysian origin, trade sources said on Monday.
VEGOILS-Markets, Rising Stocks Drag Palm To Near 10-Month Low
14/08/2012 (Reuters) - Malaysian crude palm oil futures tumbled to a near ten-month low on Monday, mirroring losses in grains and oilseed markets where traders booked profits from a U.S. drought-driven rally and as rising local stocks weighed on sentiment.