|
A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Agri Schemes Streamlined Into Missions
17/03/2012 (Indian Express) - Highlighting that the agriculture sector has continued to perform “wellâ€, Finance Minister Pranab Mukherjee’s Budget proposals today sought to streamline plethora of schemes into specific missions and rolled out tax proposals to woo the private sector investment in the sector. The aim being to clear the bottlenecks in infrastructure and market linkages.
VEGOILS-Palm Oil Hits 9-Mth High On Export Recovery
16/03/2012 (Reuters) - Malaysian crude palm oil futures edged up to another nine-month high on Thursday, as strong export numbers painted a rosy demand outlook for the edible oil and as soybean supply fears in South America supported prices.
Iran Struggles To Buy SEA Palm Oil As Sanctions Bite
16/03/2012 (The Star) - Iran has not managed to buy palm oil from South-East Asia despite paying for some backdated orders with other currencies apart from the US dollar as Western sanctions bite, traders said.
Crude Palm Oil Imports Considered
16/03/2012 (Bangkok Post) - The Commerce Ministry is mulling dealing with the local palm nut shortage by importing 40,000 tonnes crude palm oil (CPO) from abroad.
Palm Oil Rises
16/03/2012 (Business Recorder) - Malaysian crude palm oil futures edged up to another nine-month high on Thursday, as strong export numbers painted a rosy demand outlook for the edible oil and as soybean supply fears in South America supported prices.
Higher Duty Prospect Lifts Imported Oils
16/03/2012 (Hindu Business Line) - Imported palmolein and soya oil improved by Rs 2 and Rs 3 for 10 kg on Thursday on improved buying interest from stockist ahead of the Union Budget. A wholesaler said market was firm on expectation that import duty would be increased in the Budget on Friday.
Sarawak Oil Palms To See Boost In FFB, CPO Production Growth
16/03/2012 (Borneo Post) - Sarawak Oil Palms Bhd (SOP), a Main Market listed planter, is expected to see a 17 per cent boost in fresh fruit bunch (FFB) production and ramp up crude palm oil (CPO) production, putting behind the production slump experienced in the fourth quarter of 2011 (4QFY11)
Phuket Business: Krabi Shaping Up As An Oil Hub
16/03/2012 (Phuket Gazette) - Agricultural development initiatives look to position Krabi province as a new regional and world hub for the production, supply and retail of palm oil.
China-Malaysia Trade To Touch US$100B
16/03/2012 (The Star) - Trade volume between China and Malaysia is expected to reach US$100bil this year, which would make Malaysia the third Asian country to break through that mark after Japan and South Korea, China's ambassador to Malaysia, Chai Xi, said.
