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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
Indonesia’s Kharisma Sells 5,500 Tons of Palm Oil
02/05/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 5,500 metric tons of 10,500 tons of the commodity it offered at an auction in Jakarta.
Labour Shortage Results in 15% Loss in Oil Palm Harvest
02/05/2012 (The Star) - The oil palm industry especially in Sarawak and Sabah is facing acute shortage of labour resulting in 15% loss in rotting fruits.
A Grim Portrait of Palm Oil Emissions
02/05/2012 (New York Times) - Indonesia ranks right behind the United States and China in the lineup of the world’s top 10 greenhouse gas emitters. It’s not because of smokestacks or freeways, but massive deforestation starting in the 1990s — driven In large part by the expansion of plantations for palm oil, an edible vegetable oil used in cookies, crackers, soap and European diesel fuel.
Edible Oil Rule Weak
02/05/2012 (Hindu Business Line) - Edible oil prices rule slightly weak on Tuesday tracking weak global market previous day.
VEGOILS-Palm Oil Falls in Thin Trade But Exports Add Support
01/05/2012 (Reuters) - Malaysian palm oil futures ended lower on Monday as slower U.S. growth raised fears of a weaker global economic outlook, although losses were limited by strong export numbers and tight global oilseed supply.
BOI Approves P737-M Palm Oil Project
01/05/2012 (GMA News) - The Bureau of Investments (BOI) on Monday approved a P737-million palm oil project of Philippine-registered Zanorte Palm Rubber Plantation.
Palm Oil Price Lifts Anglo-Eastern
01/05/2012 (Investors Chronicle) - Increased production and a rising crude palm oil (CPO) price saw Anglo-Eastern Plantations deliver impressive full-year figures, with operating profit before biological asset adjustment climbing 48 per cent to $96m (£59m).
Indonesia Lifts Crude Palm Oil Tax To 19.5% for May
01/05/2012 (The Star) - Top global palm oil producer Indonesia will increase its export tax for crude palm oil ( CPO) to 19.5 percent for May from 18 percent in April due to higher international prices, a trade ministry official said on Monday.
Ageing Crops A Problem For Palm Oil, Besides Sugar
01/05/2012 (Agrimoney.com) - Will palm oil echo sugar?