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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
VEGOILS-Palm Oil Inches Up on Europe Hopes
23/05/2012 (Reuters) - Malaysian palm oil futures edged up on Tuesday, as hopes grew that Europe would take steps to tackle its debt crisis, which has triggered a massive selloff in global financial markets.
All NBPOL Palm Oil Mills Will Be RSPO-Certified
23/05/2012 (The Star) - London-listed New Britain Palm Oil Ltd (NBPOL) pledged to have all its palm oil mills 100% Roundtable on Sustainable Palm Oil (RSPO)-certified by end-2012, through fully traceable, segregated and sustainable palm oil.
Sabah Poised To Be World\'s 3rd Largest Palm Oil Producer
23/05/2012 (Bernama) - If Sabah were an independent country, it would be the world's third largest producer of palm oil.
Cameroon Says Cargill Eyes 50,000-Ha Oil Palm Project
23/05/2012 (Reuters) - U.S agribusiness conglomerate Cargill plans to invest up to 200 billion CFA francs ($390 million) in a 50,000-hectare oil palm plantation in Cameroon, an official at the Central African nation's investment agency said on state radio.
Activity At Karachi and Qasim Ports
23/05/2012 (Business Recorder) - The Karachi Port handled 97,851 tonnes of cargo comprising 78,220 tonnes of import cargo and 19,631 tonnes of export cargo including 3,699 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday.
Palm Oil\'s Tasty Buying Opportunity
23/05/2012 (Investors Chronicle) - Commodity prices generally have been hit hard by the renewed bout of market volatility, and crude palm oil (CPO) is no exception - it\'s fallen to a five-month low. But the impact of extreme weather conditions on the edible-oil market means prices may well start firming in the third quarter, and beyond 2013 palm oil fundamentals look strong due to a hiatus in planting caused by the credit crunch. All in all, the recent slump could prove to be a buying opportunity.
Felda Global Secures 3 More Cornerstone Investors Ahead Of Over $3 Billion Malaysia IPO - Source
23/05/2012 (Fox Business) - Felda Global Ventures Holdings Bhd has secured three more cornerstone investors, including Hong Kong-based insurance giant AIA Group Ltd. (1299.HK), ahead of its over $3.00 billion Malaysian initial public offering, a person familiar with the matter said Tuesday.
Indonesia Missing Shot to Be ‘Biofuel King’
23/05/2012 (Jakarta Globe) - Indonesia could be the biggest producer of biofuel in the world, but only if the government is serious about developing the industry, analysts say.
VEGOILS-Palm Oil Inches Up On Exports; Europe Woes Weigh
22/05/2012 (Reuters) - Malaysian palm oil futures edged up on Monday on improving exports, although gains were capped as investors remained wary over uncertainty surrounding the euro zone.