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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
M\'sians Advised to Tread Warily in Myanmar
24/04/2012 (The Star) - Investors should be cautious about the exploratory forays of Malaysian companies into Myanmar as uncertainty still hovers over the pace and depth of economic and political reforms in that country.
FGVH\'s Listing Plan A Right Move, Says Ahmad Maslan
24/04/2012 (Bernama) - Felda Global Ventures Holdings Bhd's (FGVH) listing is a right move in transforming the country's oil palm industry, the Dewan Negara was told today.
Bursa Suq Al-Sila Offers Palm Olein Trading
24/04/2012 (Business Times) - The world's first end-to-end Syariah-compliant commodity trading platform, Bursa Suq Al-Sila' (BSAS), has added RBD Palm Olein as a new commodity offering.
Felda to Talk to SC on KPF Role in Listing
24/04/2012 (Business Times) - Federal Land Development Authority (Felda) will talk to the Securities Commission (SC) in the next few days on how to include Koperasi Permodalan Felda (KPF) as one of the shareholders in the upcoming listing of Felda Global Ventures Holdings Bhd (FGVH).
VEGOILS-Palm Slips on Euro Zone Woes; Asian Demand Supports
24/04/2012 (Reuters) - Malaysian palm oil fell on Monday after a slew of European indicators signalled a faster rate of economic contraction and limited hopes for a strong recovery in growth.
Report: Palm Oil Project Hurts Land, Residents in Uganda
24/04/2012 (Voice of America) - The environmental group Friends of the Earth-Uganda released a report Monday describing human rights violations and environmental destruction in pursuit of biofuels by a foreign joint venture. The report follows the planting of almost 10,000 hectares of palm oil plantations by BIDCO - an East African oilseed company - with World Bank and Ugandan government support.
Activity at Karachi and Qasim Ports
24/04/2012 (Business Recorder) - The Karachi Port handled 318,540 tonnes of cargo comprising1 249,054 tonnes of import cargo and 69,486 tonnes of export cargo including 3,568 loaded & empty containers during last 48 hours ended at 0700 hours on Monday.
Palm Oil Prices May Have Peaked Already; More Softness Likely
23/04/2012 (Hindu Business Line) - The bull-run in crude palm oil prices could be coming to an end sooner than many believed until recently. On Bursa Malaysia in Kuala Lumpur, crude palm oil price touched a season high of a little over Malaysian Ringgit 3,600 a tonne earlier this month; but has corrected down by about RM 200 in the last few days. Holders of speculative long positions especially hedge funds have begun to exit the market because of a view that the current tightness may not last long contrary to expert assertions. More softness in palm oil prices could be in store as technical analysts suggest that the bullish momentum of crude palm oil futures have now been lost after rallying for nearly three months.
23/04/2012 (Business Recorder) - The Karachi Port handled 101,581 tonnes of cargo comprising1 84,191 tonnes of import cargo and 17,390 tonnes of export cargo including 3,707 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday.
