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Malaysian end of July palm oil stocks hit near two-year high
Monsoon may ease ‘super El Niño’ potential impact on palm oil output
Palm oil prices steady amid projections of bigger stockpile
Gapki warns of sharp production losses
Ghana\'s Economic Future In The Palm Of Its Hands
21/07/2012 (Ghana) - As Ghana's finest athletes head for London to compete in the Olympic Games, British Prime Minister David Cameron is preparing to host a 'Hunger Summit' during the Games to discuss how private sector investment can help improve global access to food and nutrition.
SCB Group Wants To Open Singapore Brokerage in 2013
21/07/2012 (FINCAD News) - Geneva-based commodities broker SCB Group, which is also known as Starsupply, wants to open a Singapore branch in either the second or third quarter of 2013, which will initially have the purpose of broking commodity swaps contracts involving crude palm oil.
Prices of Essential Items High As Ramadan Begins
21/07/2012 (Financial Express) - Prices of almost all essential items went up in the city's kitchen market before the day of the holy month of Ramadan that starts from today (Saturday).
VEGOILS-Palm Oil Bounces From 3-Week Low on U.S. Drought
20/07/2012 (Reuters) - Malaysian crude palm oil futures rebounded from a 3-week low on Thursday, as the worst drought in the United States since 1956 threatened to squeeze global oilseed supplies further and offset slower exports and better output in Malaysia.
India Makes Refined Palmolein Imports More Costly
20/07/2012 (Reuters) - India has lifted a six-year old freeze on the base import price of refined palmolein, Food Minister K.V. Thomas said on Thursday, a move that will make palm oil imports from Indonesia more costly and help protect domestic refiners.
CPO Price Rally Likely
20/07/2012 (The Star) - A crude palm oil (CPO) price rally is in the offing as rising weather risks, such as drought in major soybean growing areas in the US Midwest and a potential El Nino, set to play havoc on crop production, according to plantation analysts.
Speed Up Processing of Land Applications – Dompok
20/07/2012 (Borneo Post) - Plantation Industries and Commodities Minister Tan Sri Bernard Dompok Dompok requested the state government to speed up the processing of land applications and the issuance of titles to the people to enable them to participate in worthwhile programmes.
Tariff Value on Refined Palm Oil Imports Linked To Global Rate
20/07/2012 (Press Trust of India) - The government today decided to defreeze the import tariff value on refined palm oil and link it to the global prices, a move aimed at curbing higher import of refined cooking oil and protect the domestic industry.
Crude Palm Oil Market Looking To Take Support At 562.5
20/07/2012 (Forex Pros) - The crude palm oil trading range for the day is 556.7-576.9. The market is looking to take support at 562.5, and a break below could see a test of 556.7. Resistance is likely to be seen at 572.6 and a move above could see prices testing 576.9. In yesterday's trading session crude palm oil touched the low of 561 after opening at 569.2, and finally settled at 568.3.
