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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 Drops To 6-Week Low on Global Economic Woes
04/05/2012 (Reuters) - Malaysian palm oil futures extended losses to a six-week low on Thursday, as disappointing economic data from the United States and Europe cast doubts on global economic recovery and commodity demand.
Sandakan To Host Palmex 2012 Amid Growing Importance In Palm Oil Industry
04/05/2012 (Bernama) - Sandakan will once again play host to Malaysia's largest palm oil exhibition, PALMEX Malaysia 2012, amid its growing prospects and importance in the country's oil palm industry.
RI Becomes No. 1 Sustainable CPO Producer
04/05/2012 (Jakarta Post) - In a much-anticipated move, Indonesia has become the world’s biggest sustainable palm oil producer for the first time on the back of greater certified sustainable palm oil (CSPO) production, overtaking Malaysia, an international multi-stakeholder certification body says.
Currency Movements May Heat Up Imported Oils
04/05/2012 (Hindu Business Line) - Imported palmolein extended its gain by Rs 3 for 10 kg on Thursday despite Malaysian palm oil futures slipping to a six-week low on Thursday. Rapeseed oil rose by Rs 2. Groundnut oil, soya oil, sunflower and cottonseed oil were unchanged in absence of fresh demand.
CPO Prices Hit 6-Week Low of RM3,409
04/05/2012 (The Star) - Crude palm oil (CPO) futures for third-month delivery fell to a six-week low in late afternoon trade on Thursday.
Felda Seeks To Offer IPO Shares
04/05/2012 (Wall Street Journal) - The Malaysian government Thursday said Felda Global Ventures Holdings Bhd. is seeking to offer MYR4.65 a share to indigenous Malaysians ahead of the palm-oil plantation company's initial public offering, a deal if successful will make the more than $3 billion IPO the world's second largest offering so far this year after Facebook Inc.
Indonesia Palm Oil Industry 2H11
04/05/2012 (Researchandmarkets) - Indonesia is one of the world's largest producers of palm oil and the industry has been the economy's most valuable agricultural export sector for the last decade. The attractive returns, strong demand and high prices of palm oil in the international market have encouraged investment in the Indonesian palm oil industry, resulting in significant rural economic development and poverty alleviation.
Research and Markets: Indonesia Palm Oil Industry 2H11
04/05/2012 (SunHerald.com) - Research and Markets has announced the addition of the "Indonesia Palm Oil Industry 2H11" report to their offering.
VEGOILS-Palm Oil Slips on Higher Output View
03/05/2012 (Reuters) - Malaysian palm oil futures edged lower on Wednesday as expectations of higher production offset strong exports and an uptick in global economic activity.