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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
Heavy Sales in Palm Oil Amidst Dull Trade
15/05/2012 (Hindu Business Line) - Trading was dull in the edible oils market as traders turned cautious. Imported palmolein declined sharply by Rs 8 for 10 kg in line with drastic fall in Malaysian markets, while soyabean refined oil rose by Rs 5 despite fall in domestic futures market. Rapeseed-Mustard oil prices were up by Rs 5. Groundnut oil dropped by Rs 10 and sunflower oil eased by Rs 5.
CPO Price Hits 3-Month Low
15/05/2012 (The Star) - Crude palm oil (CPO) futures hit a three month low to RM3,173 on Bursa Malaysia Derivatives as concerns on the global economic slowdown and weak palm oil demand continue to worry investors.
Roundtable on Sustainable Palm Oil Welcomes WWF Review
15/05/2012 (FoodNavigator.com) - The Roundtable on Sustainable Palm Oil (RSPO) has lent its backing to the WWF's Palm Oil Investor Review 2012.
Palmex 2012 Expects To Sign US$85 Million Worth Of Contracts
15/05/2012 (Bernama) - Contracts worth about US$85 million is expected to be concluded during the 2012 Palm Oil Exhibition (Palmex) in Sandakan beginning May 23.
IOI Corp Meeting Potential Bond Investors in Singapore
15/05/2012 (The Star) - IOI Corp Bhd is hiring Citigroup Inc, HSBC Holdings Plc, Mitsubishi UFJ Securities Holdings Co and Morgan Stanley to arrange meetings with bond investors, Reuters reported.
Mechanisation: Key To Wooing Locals & Reducing Dependence On Foreign Labour in the Oil Palm Industry
15/05/2012 (Bernama) - Farm mechanisation plus better salary packages for local workers is crucial in overcoming the heavy dependence on foreign labour in the country’s oil palm industry.
European Vegoils Down With Futures on Liquidation
15/05/2012 (Business Recorder) - Asking prices on the European vegetable oil market dropped sharply again on Monday as futures markets dropped on fears of poor economic growth triggering heavy long liquidation.
GM Jatropha Hopes To Break Into Biodiesel Market
15/05/2012 (Channel News Asia) - A Singapore partnership has developed what it hopes to be an eco-solution to the world's demand for biofuel.
Consortium of Independent Palm Oil Producers and Refineries To Pool Resources Being Deliberated
15/05/2012 (The Star) - A proposal to set up a Consortium of Independent Producers and Refiners of Malaysia (CIPROM) is being deliberated as one of the strategies under the Government\'s palm oil policy reforms, said a source close to the plantation industry.
