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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
Edible Oils Rule Steady on Rising Demand
18/07/2012 (Hindu Business Line) - Edible oil market saw mixed trend on Tuesday with a steady rise in selected oils. Rapeseed (Mustard) oil and cotton refined extended their gains by Rs 10 and Rs 14 for 10 kg on firm reports from production centres. Backed by higher demand, selling pressure eased. Soyabean refined oil rose by Rs 2 and groundnut oil by Rs 5. Sunflower and palmolein ruled steady as demand rose.
VEGOILS-Palm Oil Futures Gain on U.S.Weather Woes
17/07/2012 (Reuters) - Malaysian crude palm oil futures ended Monday higher, as demand prospects brightened after forecasts of more harsh weather in the United States threatened to tighten global oilseed supply further.
TCB To Import Malaysian Palm Oil To Cool off Commodity Market
17/07/2012 (Financial Express Bangladesh) - State-owned trading corporation will import crude and refined palm oil directly from Malaysia-part of its market intervention efforts to stymie commodity traders from profiteering.
Carrefour Launches Nation’s First RSPO Certified Cooking Oil
17/07/2012 (Jakarta Post) - Retail giant PT Carrefour Indonesia is now selling cooking oil that is the nation’s first palm-oil derivative to be certified by a global sustainable management standards organization.
Palm Oil Firm’s Violations Tests Indonesia
17/07/2012 (Tempo Interactive) - A palm oil firm received preliminary approval six years ago for a large plantation in a swampy, forested corner of Borneo island, bringing the promise of jobs and roads to impoverished villages. By the book, that would have marked the start of a lengthy licensing and environmental approvals process before clearing and planting could start.
Oil Palm Industry Plays Key Role In Sabah\'s Economic Development
17/07/2012 (Bernama) - The oil palm industry plays a key commercial and global role in driving economic growth while providing a big income contribution to Sabah.
Edible Oil Continues on High Flame
17/07/2012 (Hindu Business Line) - Edible oil market extended last week’s gain on Monday on concern about the kharif crop due to lack of rain in most oilseed growing states. Malaysian crude palm oil futures ended higher on the second consecutive day as concerns over tighter global oilseed supply. Groundnut oil along with imported Palmolien and Soya refined oil rose by Rs 5 each while indigenous Sunflower, Rapeseed and Cotton refined oil increase by Rs 10 each tracking over all bullish scenario worldwide.
AGRI WRAP-Most Indian Agri Commodities Hit Contract Highs
17/07/2012 (Reuters) - Indian oilseeds futures rose 3 percent to hit their contract highs, powered by a rally in overseas markets and as poor rainfall raised concerns over output.
Shipping Activity At PQ
17/07/2012 (Pakistan Observer) - Karachi : Two ships arrived at Port on Saturday, carrying chemical at EVTL, palm oil at Let.
