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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
VEGOILS-Palm Oil Plunges To 3-Month Low, Greek Turmoil Weighs
15/05/2012 (Reuters) - Malaysian palm oil futures suffered their sharpest fall in more than a year on Monday, closing at a three-month low as failed talks to form a new Greek government heightened fears about the euro zone's debt crisis.
Dreyfus To Take Stake in Palm Oil Group Felda
15/05/2012 (Reuters) - Commodities group Louis Dreyfus has agreed to take a minority stake in Malaysian palm oil firm Felda, it said on Monday, adding that it was conditional on a successful June stock market float for Felda.
Heavy Sales in Palm Oil Amidst Dull Trade
15/05/2012 (Hindu Business Line) - Trading was dull in the edible oils market as traders turned cautious. Imported palmolein declined sharply by Rs 8 for 10 kg in line with drastic fall in Malaysian markets, while soyabean refined oil rose by Rs 5 despite fall in domestic futures market. Rapeseed-Mustard oil prices were up by Rs 5. Groundnut oil dropped by Rs 10 and sunflower oil eased by Rs 5.
CPO Price Hits 3-Month Low
15/05/2012 (The Star) - Crude palm oil (CPO) futures hit a three month low to RM3,173 on Bursa Malaysia Derivatives as concerns on the global economic slowdown and weak palm oil demand continue to worry investors.
Roundtable on Sustainable Palm Oil Welcomes WWF Review
15/05/2012 (FoodNavigator.com) - The Roundtable on Sustainable Palm Oil (RSPO) has lent its backing to the WWF's Palm Oil Investor Review 2012.
Palmex 2012 Expects To Sign US$85 Million Worth Of Contracts
15/05/2012 (Bernama) - Contracts worth about US$85 million is expected to be concluded during the 2012 Palm Oil Exhibition (Palmex) in Sandakan beginning May 23.
IOI Corp Meeting Potential Bond Investors in Singapore
15/05/2012 (The Star) - IOI Corp Bhd is hiring Citigroup Inc, HSBC Holdings Plc, Mitsubishi UFJ Securities Holdings Co and Morgan Stanley to arrange meetings with bond investors, Reuters reported.
Mechanisation: Key To Wooing Locals & Reducing Dependence On Foreign Labour in the Oil Palm Industry
15/05/2012 (Bernama) - Farm mechanisation plus better salary packages for local workers is crucial in overcoming the heavy dependence on foreign labour in the country’s oil palm industry.
European Vegoils Down With Futures on Liquidation
15/05/2012 (Business Recorder) - Asking prices on the European vegetable oil market dropped sharply again on Monday as futures markets dropped on fears of poor economic growth triggering heavy long liquidation.
