|
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
EGM of Felda\'s Cooperative May See Some Sparks Flying
20/02/2012 (The Star) - FELDA's Dewan Merak Kayangan in Jalan Gurney is one of the most-sought-after venues in Kuala Lumpur for various congregations, especially Malay weddings among the rich and local artiste alike, with sumptuous spread served by De Saji, Felda's renowned catering group.
Weekly Crude Palm Oil Report February 19 2012
20/02/2012 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week higher due to concerns on lower South American output and the increasing prospects of Greece securing the second bailout soon.
United States Rejects Palm Oil Fuel, But Indonesian Producers Are Unfazed
18/02/2012 (Jakarta Globe) - Indonesia’s crude palm oil producers said on Friday that they were not worried about a drop in demand even after the US Environmental Protection Agency declared palm-oil based biodiesel unfit to join the United States’ renewable fuel program.
No Immediate Impact On Local Palm Oil Consumption From Biodiesel Programme, says Analyst
18/02/2012 (Borneo Post) - Local consumption of palm oil has not seen any immediate impact from a recently implemented biodiesel programme which would have prompted mass quantities of the commodity.
Pak-Iran Trade To Grow From $1 Bn to $10 Billion?
18/02/2012 (The News International) - In October 2011, India exported 200,000 tons of premier basmati rice to Iran on 90-days credit. On 7 February 2012, Iran defaulted on payments worth about $144 million for rice shipped three months earlier. The All India Rice Exporters’ Association has now called on all its members to stop rice exports to Iran.
Activity At Karachi And Karachi Ports
18/02/2012 (Business Recorder) - The Karachi Port handled 66,417 tonnes of cargo comprising1 34,658 tonnes of import cargo and 31,759 tonnes of export cargo including 3,948 loaded & empty containers during last 24 hours ended at 0700 hours on Friday.
Kalimantan’s Forests Are Doing OK: NGO
18/02/2012 (Jakarta Post) - The Heart of Borneo is doing well, despite the usual threats from extractive activities and fires, according to environmental activists.
Malaysian Cues Keep Edible Oils Firm
18/02/2012 (Hindu Business Line) - Barring rapeseed oil which fell by Rs 19 for 10 kg, edible oils ruled firm on Friday, tracking Malaysian palm oil that rebounded and firm projection for Chicago soya oil futures. Groundnut oil rose by Rs 5 for 10 kg, in line with a sharp rise in Saurashtra. Sunflower oil increased by Rs 5, cotton oil improved by Re 1 and palmolein was up by Rs 4 for 10 kg. Soya refined oil was unchanged.
Palm Oil Signals Mixed
18/02/2012 (Business Recorder) - Signals are mixed for Malaysian palm oil as it has risen again to the upper trend-line of a triangle.
