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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
Activity At Karachi And Qasim Ports
29/05/2012 (Business Recorder) - The Karachi Port handled 141,467 tonnes of cargo comprising 115,929 tonnes of import cargo and 25,538 tonnes of export cargo including 5,454 loaded & empty containers during last 24 hours ended at 0700 hours on Monday. The total import cargo of 115,929 tonnes comprised of 39,949 tonnes of containerised cargo; 19,380 tonnes of coal and 56,600 tonnes of oil/liquid cargo.
Boustead Records Higher Q1 Pre-tax Profits
29/05/2012 (Bernama) - Boustead Holdings Bhd's pre-tax profit rose 33 per cent to RM224 million in the first quarter ended March 31, 2012 from RM168 million recorded in the same quarter last year.
28/05/2012 (Business Recorder) - The Karachi Port handled 96,161 tonnes of cargo comprising 79,051 tonnes of import cargo and 17,110 tonnes of export cargo including 5,506 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 79,051 tonnes comprised of 47,718 tonnes of containerised cargo; 2,217 tonnes of general cargo; 25,500 tonnes of bulk cargo and 3,616 tonnes of oil/liquid cargo.
Weekly Crude Palm Oil Report May 27 2012
28/05/2012 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week higher boosted by the robust exports demand and the temporary ease of the eurozone debt crisis issue.
CPO Expected To Face Choppy Trading This Week
28/05/2012 (The Star) - In tandem with the weaker performance of other commodities, the crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to see choppy trading this, dealers said.
Recovery Will Be Delayed For Chemical Shipping
28/05/2012 (ICIS) - The Asia bulk chemical shipping industry will be challenging through 2012 because of stagnated freight rates, increased operating costs and oversupply of vessels amid a poor global economic outlook for petrochemicals.
Economy Capable Of Recording Five Per Cent Growth Despite Slower Exports
28/05/2012 (Bernama) - The government is optimistic the economy will grow by five per cent or more supported by strong domestic consumption despite the slowdown in the export sector, says Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
Malaysia’s IOI Plans CPO Refinery in RI
28/05/2012 (Jakarta Post) - IOI Corp., Malaysia’s secondbiggest palm oil producer by market value, plans to set up a refinery in Indonesia as it boosts output in the world’s biggest grower of the tropical oil used in food and fuel.
Plantations Among Top Losers in Late Morning
28/05/2012 (The Star) - Plantations were among the major losers in thin trade on Monday despite the firmer crude palm oil (CPO) futures, with the FBM KLCI remaining in the red, in line with regional markets.
