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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
Dutch Palm Oil – 21% Sustainable
29/03/2012 (FoodNavigator.com) - Use of RSPO-certified sustainable palm oil (CSPO) has seen growth in the Netherland’s and it now represents 21% of all palm oil used in the country’s food industry, according to a report released by the Dutch Task Force on Sustainable Palm Oil.
Edible Oil Prices in Gujarat Take Inflation To Smoking Point
29/03/2012 (DNA) - Blame it on scarcity of oil seeds, or rise of edible oil prices globally, or Indian speculators pushing up prices artificially, but down the line consumers become the victims as they end up shelling out more for their daily requirement. In last one year, edible oil prices have already gone up by 50%. The fear factor is that the experts believe that still there is huge room for further hike in edible oil prices.
CPO Futures End Easier As Traders Book Profits
29/03/2012 (Business Times) - Crude palm oil futures (CPO) contracts closed easier yesterday on profit-taking despite bullish external outlook, dealers said.
Presco Nigeria Jumps Most in Six Months on Dividend Plan
29/03/2012 (Bloomberg) - Presco Plc (PRESCO), a Nigerian palm-oil producer, jumped the most in almost six months after saying it would pay a dividend for 2011.
VEGOILS-Palm Hits New One-year High on Demand Hopes
28/03/2012 (Reuters) - Malaysian palm oil futures hit a new one-year high on Tuesday as traders bet on strong export growth after droughts had damaged the South American soy harvest that is crushed into competing soyoil.
Palm Oil Hits New One-year High
28/03/2012 (Business Recorder) - Malaysian palm oil futures hit a more-than-one-year high on Tuesday as traders bet on strong export growth after droughts had damaged the South American soy harvest that is crushed into competing soyoil.
PTT May Seek Listings Elsewhere In The Region
28/03/2012 (Bangkok Post) - PTT Plc, the largest firm listed on the Stock Exchange of Thailand, is considering listing its businesses in other Asean countries, starting with its palm oil operation in Indonesia
Tight Supplies May Keep Edible Oils Firm Till Monsoon
28/03/2012 (Hindu Business Line) - Groundnut oil shot up by Rs 5 for 10 kg and cottonseed refined oil by Rs 2 for 10 kg tracking bullish reports, while rapeseed oil declined by Rs 2 for 10 kg on profit booking. Imported palmolein extended gains by Rs 5 for 10 kg,
CPO Prices To Benefit From 2Q Output Dip, Plunging Soybean Production
28/03/2012 (Borneo Post) - Crude oil palm (CPO) prices are expected to trend higher due to projected moderation in output as well as soybean production disruption in South America.
