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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
HUL to Set up €100 Million Palm Oil Unit in Indonesia
26/04/2012 (Mydigitalfc.com) - Mumbai-based, consumer goods major, Hindustan Unilever (HUL) plans to set up a palm oil unit with an investment of €100 million in Indonesia.
Group Condemns US Trade Barrier on Palm Oil
26/04/2012 (The Nation) - The United States Environmental Protection Agency (EPA) has come under attack for imposing trade barrier on renewable fuels from palm oil in Nigeria.
Felcra Distributes RM20.6 Million In Dividends To Selangor Settlers
26/04/2012 (Bernama) - Felcra Bhd paid RM20.6 million in dividends to 4,170 settlers in Selangor for last year, thanks to better palm oil prices and harvest.
Felda Global Ventures Will Go Ahead With IPO Without KPF, Says Mohamed Isa
26/04/2012 (Bernama) - Felda Global Ventures Holdings Bhd (FGVH) will proceed with its initial public offering (IPO) without participation of Koperasi Permodalan Felda (KPF).
TH Plantations To Acquire Plantation Land For RM92 Million
26/04/2012 (Bernama) - TH Plantations Bhd, in a move to expand its land bank, is planning to acquire 19,782 hectares of oil palm plantation land in Sarawak and in East Kalimantan for RM92 million.
WWF Calls For Legal Action in Indonesia Forest Clearing
26/04/2012 (WWF International) - WWF is calling on Indonesia’s Ministry of Environment and police to investigate and take strict legal action against the perpetrator of the recent clearing of land known to house around 200 critically endangered orangutan in Aceh’s Tripa peat swamp.
VEGOILS-Palm Oil Weighed By Euro Zone Woes; Exports Eyed
25/04/2012 (Reuters) - Malaysian palm oil futures extended losses on Tuesday, as investors feared that the euro zone debt woes could hurt global growth, although losses were limited by a healthy demand outlook for the edible oil on the back of lower soybean supply.
ALEC Pressures EPA to Designate Palm Oil As Renewable Fuel
25/04/2012 (SustainableBusiness.com) - ALEC has moved on from pushing legislation that restricts voting and gun laws (passing those off to another conservative group) to biofuels, and is now pushing the EPA to designate palm oil as a renewable fuel.
Malaysia’s Top Fund to Buy More Consumer, Plantation Stocks
25/04/2012 (Bloomberg) - Malaysia’s best-performing fund in the past year is buying consumer and plantation stocks that are benefiting from government efforts to bolster domestic growth and a rally in palm oil prices.