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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
VEGOILS-Palm Oil Extends Losses, Export Data Eyed
16/04/2012 (Reuters) - Malaysian palm oil futures closed lower on Friday, as traders took profits from a 13-month high hit earlier in the week, while market players are also keeping a close watch on Malaysian palm exports data due on Monday.
Cooking Oil Imports by India Jump 67% in March on Prices
16/04/2012 (Bloomberg) - Cooking-oil imports by India, the world’s second-biggest buyer, climbed for the second month in March as an increase in domestic prices spurred buying.
Indonesia’s Kharisma Sells 9,000 Tons of Palm Oil
16/04/2012 (Blooomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 9,000 metric tons of 15,500 tons of the commodity it offered at an auction in Jakarta.
CPO Seen Above RM3,000
16/04/2012 (The Star) - Slower growth in production and strong export demand will likely help support the price of crude palm oil (CPO) to stay above RM3,000 per tonne well into the second quarter this year.
Wood From Palms
16/04/2012 (The Star) - In his travels across the country, William Wong often sees felled oil palm trees.
Wilmar to Invest $300m in Gresik Flour Mill and Bio-Refinery
16/04/2012 (Jakarta Globe) - Wilmar Group, a Singapore-listed CPO producer, plans to pour $300 million in investments in Gresik, a city in East Java to build a flour mill and bio-refinery plant, a senior executive at the Indonesian unit said.
Center To Create Modern Farmers
16/04/2012 (Borneo Post) - A Technology Skills Center is expected to be built in Sabah to create modern farmers, according to Chief Minister Datuk Seri Musa Aman.
Ondo Earmarks N200m For Cottage Industries
16/04/2012 (Vanguard) - N200 million has been budgeted for the establishment of cottage industries in the 18 local government areas of the Ondo State as parts of the efforts to reduce unemployment and bring development to the local communities.
Sarawak Tycoon Tightening Grip on Wijaya
16/04/2012 (Business Times) - Sarawak tycoon Tan Sri Ling Chiong Ho is planning a major move into Wijaya Baru Global Bhd.
