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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
CIMB Research Has Neutral Call on FGVH
07/08/2012 (The Star) - CIMB Research, which initiated coverage on Felda Global Ventures Holdings Bhd (FGVH), has a neutral call and RM5.05 target price (based on a 10% discount to sum-of-parts) on the plantation company.
STOCKS NEWS MALAYSIA-Kenanga Downgrades Plantation Sector to Neutral
07/08/2012 (Reuters) - Kenanga Research downgraded Malaysia's plantation sector stocks to 'neutral' ahead of what it expects to be a weak results season and lower crude palm oil prices.
Malaysian Export, Factory Output Growth Seen Moderating in June
07/08/2012 (The Star) - Malaysia's exports and factory output growth rates probably moderated in June after unexpectedly strong data in May, as the global economic outlook becomes more challenging with China's economy slowing.
Two Liberians Get International Certification
07/08/2012 (The Inquirer) - Two Liberian environmental professionals of Green Consultancy Inc (GreenCons) have been confirmed by the internationally acclaimed Roundtable on Sustainable Palm Oil(RSPO) as RSPO's High Conservation Value(HCV) Assessor for the period of two years.
Shipping Activity At Port Qasim
07/08/2012 (Business Recorder) - C.V Maersk Wyoming carrying Containers took berth at Qasim International Container Terminal on Sunday.
Palm-Oil Stockpiles in Malaysia to Jump Most in 10 Months
06/08/2012 (Bloomberg) - Palm-oil stockpiles in Malaysia, the world’s second-biggest producer, probably climbed the most in 10 months in July as output increased and exports fell, easing supply concerns as a drought cuts U.S. soybean yields.
Imports of Palm Oil Are Not A Good Solution
06/08/2012 (The Nation) - Production plans should factor in cultivation patterns of Thai crops. Cabinet's decision to import 30,000 tonnes of crude palm oil must be monitored closely to ensure that oil-palm planters won't be adversely affected. After all, the import does not seem to be the perfect solution to solve the possible shortage of palm oil at home.
Executive Column: Indonesia’s Palm Oil Industry Must Focus on Sustainability: Cargill
06/08/2012 (Jakarta Post) - As the chief executive officer of the Singapore-based Cargill Tropical Palm Holdings Pte. Ltd., Angeline Ooi is in charge of the company that owns 70,000 hectares of palm plantations in South Sumatra and West Kalimantan. She recently talked with The Jakarta Post’s Amahl S. Azwar over her business venture in the country, saying that Indonesia still had a room for improvement in the future. Below are the excerpts from the interview.
Facts And Fallacies
06/08/2012 (The Star) - Countering the anti-palm oil lobby means debunking the myths of its propaganda. It’s like a scene from a movie. A young Caucasian blonde with her hair neatly slicked back under a headband is brushing her teeth in a YouTube video. She spits into the sink ... and blood splatters across the white ceramic surface.
