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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
IOI Corp Casts Its Eyes to Indonesia for Oil Palm Estates
30/05/2012 (Jakarta Globe) - IOI Corp., which now has 3 billion ringgit ($951 million) in cash reserves, is on the prowl to acquire more oil palm estates in Indonesia.
Bakrie Group to Invest Up To $1b In Nigeria
30/05/2012 (Jakarta Post) - One of Indonesia’s leading conglomerates, the Bakrie Group, is planning to invest up to US$1 billion in Nigeria within the next five years through a joint venture company formed with British-Nigerian entrepreneur Ladi Delano.
Palm Oil Gains on Growing Demand Before Ramadan, Greece Optimism
29/05/2012 (Bloomberg) - Palm oil climbed for a third day on speculation that demand may increase ahead of the Muslim fasting month of Ramadan and as Greek opinion polls showed voters backing parties that support the European Union’s bailout.
SPB Sees Good Earnings Despite Liquidity Issues
28/05/2012 (Borneo Post) - Sarawak Plantation Bhd (SPB), one of the pioneer players in the oil palm industry stock saw its earnings wihin expectations despite ongoing liquidity issues.
VEGOILS-Palm Hits Near Two Week High on Euro Optimism
29/05/2012 (Reuters) - Malaysian palm oil futures rose to a near two-week high on Monday, as investor worries about the euro zone debt crisis eased and demand showed signs of improving ahead of the Muslim fasting month of Ramadan in July.
Crude Palm Oil Marginally up On Spot Demand
29/05/2012 (Economic Times) - Crude palm oil prices edged up marginally by Rs 1.90 to Rs 580.40 per 10 kg in futures trade today as speculators created fresh positions on expectations of pick-up in spot market demand.
India Likely To End Vegetable Oils Base Import Price Freeze
29/05/2012 (Business Recorder) - India is likely to end its freeze on the base import price of refined vegetable oils, government sources said on Monday, to protect its refineries from cheaper imports of palm oil from Indonesia, the world's top producer of the cooking oil.
Astra Agro Sells 7,000 Tons of Palm Oil in Auction
29/05/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, sold 7,000 metric tons of the 11,000 tons of palm oil it offered at an auction in Jakarta.
29/05/2012 (Borneo Post) - Sarawak Plantation Bhd (SPB), one of the pioneer players in the oil palm industry stock saw its earnings wihin expectations despite ongoing liquidity issues.
