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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
TABLE-Forecasts For Indian Vegoil Imports in May
12/06/2012 (Reuters) - Traders' forecasts for India's vegetable oils imports in May 2012 in tonnes, and percentage change from the previous month and a year ago.
Thailand Imposes Export Surcharge on Crude Palm Oil
12/06/2012 (Biodiesel Magazine) - A recent Global Agricultural Information Network report filed with the USDA Foreign Agricultural Service shows reports that Thailand’s Ministry of Commerce has imposed an export surcharge of approximately $317 per metric ton on crude palm oil, effective through June 30, 2012. According to the report, the move came following government action in April to import 40,000 tons of semirefined palm oil, which was done to alleviate shortages and increasing prices.
Indonesia’s Kharisma Sells 7,000 Tons of Palm Oil
12/06/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,000 metric tons of 11,000 tons of the commodity it offered at an auction in Jakarta.
UPDATE 1-Palm Oil May Fall 17.5 Pct in Q4 on Weak Brent
11/06/2012 (Reuters) - Malaysian crude palm oil prices may fall around 17.5 percent to 2,450 ringgit per tonne in the last quarter of 2012 from current levels if Brent crude oil prices come down to $80 per barrel, a top analyst said on Friday.
Palm Oil Seen Extending Drop on Falling Biofuel Appeal, Fry Says
11/06/2012 (Bloomberg) - Palm oil may extend a decline from its lowest level in seven months as a drop in crude oil prices reduces the appeal of the tropical oil for use in biofuels, according to LMC International Ltd.
VEGOILS-Palm Oil Ends Almost Flat, Global Uncertainty Weighs
11/06/2012 (Reuters) - Malaysian palm oil futures ended almost flat on Friday, as a firm demand outlook for the edible oil was offset by fears of slowing global growth that could crimp commodity demand.
Malaysia & Indonesia To Dominate Supply Of Palm Oil In The World For Another Decade
11/06/2012 (Bernama) - Malaysia and Indonesia would continue to dominate the supply of palm oil in the world for at least another 10 years although many countries have ventured into oil palm cultivation.
Activity at Karachi and Qasim Ports
11/06/2012 (Business Recorder) - Port Qasim maintained port\'s activities of total cargo volume of 95,119 tonnes including 56,862 tonnes of import; 38,257 tonnes of export cargo and the total number of 2,822 loaded and empty containers (TEUs) are handled during the last 24 hours of business activity on Friday.
Organic Uses of Palm Oil
11/06/2012 (The Star) - Palm oil and in particular palm kernel oil are essential feedstocks for the oleochemical industry which, in turn, provide critical raw materials such as fatty acids in fatty alcohols for the production of surfactants globally.
