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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
Cooking-Oil Imports by India Surge on Local Prices, Tax Concern
06/04/2012 (Bloomberg) - Cooking-oil imports by India, the world’s biggest palm oil buyer, probably more than doubled in March as high domestic prices and speculation that taxes will be increased in the annual budget spurred buying.
Palm Oil Flat
06/04/2012 (Business Recorder) - Malaysian palm oil futures were barely changed at the close of trading on Thursday, after gaining more than 3 percent in the last three sessions, as demand hopes stemming from worries about tighter soybean supply continued to support prices.
Indonesia’s Kharisma Sells 7,500 Tons of Palm Oil
06/04/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,500 metric tons of 10,500 tons of the commodity it offered at an auction in Jakarta.
LMC Chairman Spells Out Moves To Counter Indonesia’s Lower Export Tax Structure
06/04/2012 (The Star) - Malaysia has three main policy options to counter the lower Indonesian palm oil export tax structure introduced in September last year, according to UK-based LMC International Ltd chairman Dr James Fry.
Saudi Billionaire To Invest $600 Million in Ethiopia Cooking Oil
06/04/2012 (Bloomberg) - An Ethiopian company majority-owned by Saudi billionaire Mohammed al-Amoudi plans to invest $600 million over two years to produce edible oil, its general manager said.
Modi Govt Concerned About Rising Prices of Edible Oils: MPGovt Concerned About Rising Prices of Edible Oils: MP
06/04/2012 (IBNLive.com) - BJP Member of Parliament Vijay Rupani today said the Narendra Modi Government in Gujarat is concerned about rising prices of edible oils and has decided to import palm oil to check their soaring rates.
Indonesia Boosts Investment Policy
06/04/2012 (Business Standard) - Indonesia is scouting for investments in India as part of its efforts to promote a new investment policy to boost the economy in the Islamic nation.
VEGOILS-Palm Rises to 13-Month High on Demand Hopes
05/04/2012 (Reuters) - Malaysian palm oil futures climbed to an almost 13-month high on Wednesday, as traders continued to bet on a brighter demand outlook for palm oil following expectations of a smaller soybean crop in coming months.
Palm Rises to 13-month High on Demand Hopes
05/04/2012 (Business Recorder) - Malaysian palm oil futures climbed to an almost 13-month high on Wednesday, as traders continued to bet on a brighter demand outlook for palm oil following expectations of a smaller soybean crop in coming months.
