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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
Sustainable palm oil body to release inaugural Growth Interpretation Narrative this week
05/03/2012 (The Star Online), Kuala Lumpur - The Roundtable on Sustainable Palm Oil (RSPO) grouping this week will release its inaugural annual 2011 RSPO Certified Sustainable Palm Oil (CSPO) Growth Interpretation Narrative (2011 GIN) report, which contains critical guidelines on the palm oil fraternity's sensitivity and influence towards sustainability since the RSPO started the certification of CSPO in 2008.
Goodman Fielder Takeover Seen With Wilmar Instant 31%: Real M&A
05/03/2012 (Bloomberg) - Wilmar International Ltd. (WIL), the world’s largest palm oil trader, is giving investors in Goodman (GFF) Fielder Ltd. the chance for a 31 percent return as it considers an expansion into Crisco oil and Newman’s Own salad dressings.
Ting identifies key contributing factors to Miri’s boom
05/03/2012 (The Borneo Post Online), Miri - Datuk Sebastian Ting has identified five factors that have contributed to the success of Miri as a flourishing city.
Indonesia refining advantage to dominate palm oil meeting
03/03/2012 (The Star Online), Kuala Lumpur - Top palm oil producer Indonesia's growing refining advantage over No. 2 supplier Malaysia will dominate an annual gathering of the world's palm oil business in Kuala Lumpur next week as traders examine shifts in demand.
Palm oil may test resistance
03/03/2012 (Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivaties exchange ended lower on Friday on profit-taking ahead of the Bursa Malaysia Palm Oil Conference next week where analysts are expected to present views on vegetable oil markets. Surging energy prices continue to support the edible oil markets. Energy prices slipped lower on Friday after surging 5 per cent to an 11-month high a day earlier, as fears of a supply disruption from Saudi Arabia eased. However, concerns over economic growth due to higher energy prices could cap gains going forward as the consuming countries begin to depreciate making cost of imports higher. Cargo surveyors have reported up to a 10.5 per cent drop in February exports from a month ago even though demand from China and India has been resilient.
Versatile applications of polyurethane
03/03/2012 (The Star Online) - POLYURETHANES have a broader spectrum of properties and applications than any other natural or man-made material as polyurethane products range from solid to cellular, elastomeric to plastic, rigid to soft and hydrophilic to hydrophobic.
Bid to lift EU duties
02/03/2012 (The Star Online), Petaling Jaya - The Netherlands will be pushing for the lifting of European Union (EU) import duties on sustainably produced crude palm oil at the European Commission in Brussels.
Hike duty on edible oil imports, urges SEA
02/03/2012 (The Economic Times), New Delhi - With surge in import of refined palm oil, edible oil processors have urged finance minister Pranab Mukherjee to hike import duty on the commodity to 16.5 per cent from the existing 7.5 per cent to save the domestic industry from closing down.
Mandiri to lend Rp 189b to oil palm cooperatives
02/03/2012 (The Jakarta Post) - State-owned largest lender PT Bank Mandiri Tbk signed on Thursday deals to disburse loans to cooperatives of oil palm farmers, in a move to boost the amount of credit disbursed to small and medium enterprises (SMEs) this year.
