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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
Palm Oil Exports to Manila Set To Increase
17/04/2012 (Business Times) - Exports of Malaysian palm oil to the Philippines have been growing at a steady rate of 10 per cent annually in the last decade.
Lower Exports Weigh on Malaysian Palm Oil
17/04/2012 (Business Recorder) - Malaysian palm oil futures inched down on Monday as a drop in export numbers for the first half of the month led some traders to book profits, although losses were curbed by tightening edible oil supply.
Astra Agro Sells 7,000 Tons of Palm Oil in Auction
17/04/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest plantation stock by market value, sold all of 7,000 tons of palm oil it offered at an auction in Jakarta.
CPO Futures\' Downtrend Continues
17/04/2012 (Business Times) - The price of crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday, taking cue from the soft performance of crude oil and soyabean, said a dealer.
Palm Oil to Fall More To 3,401 Ringgit
17/04/2012 (Business Recorder) - Malaysian palm oil will slide further to 3,401 ringgit per tonne, as indicated by its wave pattern and a Fibonacci retracement analysis.
Activity At Karachi and Qasim Ports
17/04/2012 (Business Recorder) - The Karachi Port handled 231,384 tonnes of cargo comprising1 145,870 tonnes of import cargo and 85,514 tonnes of export cargo including 6,705 loaded & empty containers during last 48 hours ended at 0700 hours on Monday.
Malaysian Dilemma on Biodiesel Exports
17/04/2012 (The Star) - Currently there is a grey area where the status of local palm biodiesel sector is concerned, be it in export or domestic consumption.
Bearishness Continues in Edible Oils Market
17/04/2012 (Hindu Business Line) - The edible oil market continued to remain bearish on Monday, tracking a weak foreign market. Malaysian crude palm oil futures continued last week's losing spree.
Commodity Prices to Tumble, IMF Cautions Exporters
17/04/2012 (Jakarta Globe) - The International Monetary Fund says commodity-exporting countries such as Indonesia could face a tough time in the short-term, with global commodities prices forecast to decline.