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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
Credit Suisse Forecasts 4.8% Growth
10/02/2012 (The Star) - Credit Suisse expects Malaysia's gross domestic product (GDP) growth to outperform regional small open economies, attributable to strong domestic demand, high palm oil and crude oil prices and a governmental fiscal boost.
Food Prices Up In January For 1st Time Since July -FAO
10/02/2012 (Fox Business) - World food prices increased in January for the first time since July 2011, with an overall gain of almost 2% led by oils and cereals, the Food and Agricultural Organization said Thursday.
Others Pay Price of Iranian Sanctions
10/02/2012 (The Nation) - Sanctions against Iran are squeezing the flow of trade from other countries, affecting iron ore, cooking oil and even the aromatic basmati rice that are often routed through the Emirates.
OSK: \'Buy\' Call on QL Resources Stays
10/02/2012 (Business Times) - OSK Research has maintained a "buy" call for QL Resources Bhd with the fair value unchanged at RM3.62, backed by the company's solid earnings track record and an on-track expansion in Vietnam and Indonesia.
Bursa Profit Rises To RM146M
10/02/2012 (Business Times) - Bursa Malaysia Bhd's (Bursa Malaysia) profit after tax and minority interest (PATMI) for the financial year ended Dec 31, 2011 rose 29 per cent to RM146.2 million from RM113 million in the same period of 2010. Total revenue rose 16 per cent to RM420.1 million, from RM361 million recorded previously.
Foreign Investors Scrambling For Sime Darby Shares
10/02/2012 (Business Times) - Sime Darby Bhd, the world’s largest listed producer of palm oil, has seen the foreign shareholding in the company rise to its highest level since August 2008.
Record Trade Proves Bright Spot For Malaysia In \'11
10/02/2012 (The China Post) - Malaysia said Thursday it posted record trade activity in 2011 as China became the country's largest export market, helping blunt the impact of global economic weakness.
VEGOILS-Palm Oil Hits Near Three-Week High, USDA Report Eyed
09/02/2012 (Reuters) - Malaysian crude palm oil jumped to a near three-week high on Wednesday as the market reopened after a two-day break, tracking broader markets, such as soyoil, ahead of a key U.S. crop report on Thursday.
Exclusive: Malaysian Exporters Halt Palm Oil Supply To Iran
09/02/2012 (Reuters) - Malaysian palm oil exporters have stopped supplying Iran with most of the 30,000 tonnes of the food staple the Middle Eastern country buys each month, or about half its demand, as Western financial curbs on Tehran stymie payments, two trading sources said.