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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
Cargill Plans Palm-Oil Plantations in Ivory Coast, Ministry Says
07/06/2012 (Bloomberg) - Cargill Inc. plans to develop industrial palm-oil plantations and processing facilities in Ivory Coast within five years, according to the country’s Labor Ministry.
Smart Refinery to Boost Palm Oil Production as Demand Keeps Rising
07/06/2012 (Jakarta Globe) - Sinar Mas Agro Resources and Technology, a plantation unit of Sinar Mas Group, plans to boost the capacity of its refinery production to tap into demand for edible fat.
Indonesia Pushes for Sustainable Development in Mining, Palm and Forestry Sectors
07/06/2012 (Jakarta Globe) - Indonesia’s mining, plantation and forestry sectors said they were committed to implementing sustainable development practices at a stage-setting seminar on environmentally-conscious development on Wednesday.
Senate Panel Fiercely Opposes 1% Tax on Manufacturing
07/06/2012 (The Express Tribune) - The government is likely to face a tough time as a parliamentary panel discussing next year’s budget and the entire business community have opposed 1% tax on all types of manufacturing.
Redefine Business Approach In Palm Oil Industry, Says Dompok
07/06/2012 (Bernama) - The private sectors in Malaysia and India should redefine the business approach in the industry by forming partnerships and strategic alliances to discover new avenues to expand the edible oil and palm oil businesses.
Malaysia Palm-Oil Stockpiles Seen at 13-Month Low in May
06/06/2012 (Bloomberg) - Palm-oil inventories in Malaysia, the second-biggest supplier, probably dropped to the lowest level in more than a year in May, potentially curbing a 19 percent slump in prices of the commodity used in candy bars and biofuels.
VEGOILS-Palm Oil Rebounds on Hopes For Euro Zone
06/06/2012 (Reuters) - Malaysian palm oil futures rebounded on Tuesday, tracking a recovery in overseas markets, as investors looked to policymakers for new action to tackle the euro zone's debt crisis.
Malaysia To Help India With Oil Palm Cultivation
06/06/2012 (Bernama) - Malaysia, the world's second largest palm oil producer, will help India with its cultivation of oil palm, said Minister of Plantation Industries and Commodities, Tan Sri Bernard Dompok.
Governor May Have Breached Moratorium
06/06/2012 (Jakarta Post) - An environmental group has accused Central Kalimantan Governor Agustin Teras Narang of issuing a recommendation for a palm oil company to open a plantation in a primary forest in Pulang Pisau regency, a move that could be in violation of a forest-clearing moratorium agreed upon in a deal signed by the Indonesian and Norwegian governments.
