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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
Bridging Wild Habitats
31/01/2012 (The Star) - Scientists and oil palm growers gathered recently in Kota Kinabalu for a common cause to find ways to protect the wildlife of Sabah.
Expect CPO To Trade Higher Today: Nirmal Bang
31/01/2012 (MoneyControl.com) - Nirmal Bang has come out with its report on agri commodities. As per the research firm outlook for Soybean is seen up for the day and CPO is expected to trade higher.
Singapore Stocks: Neptune Orient Lines, Wilmar, Yoma Strategic
31/01/2012 (Bloomberg) - Singapore’s Straits Times Index dropped 1 percent to 2,888.29 at the close of trading. About four shares fell for each that rose in the 30-member gauge.
Analyst: Glenealy Plantations Still An ‘Undervalued’ Stock
31/01/2012 (Borneo Post) - Glenealy Plantations (Malaya) Bhd (Glenealy Plantations) remains an undervalued stock and offers plenty of upside considering recent offers of privatisation by its major shareholder making buyback offers of public shares.
Keeping Producers, Consumers Happy A Challenge For Govt
31/01/2012 (The Nation) - Tackling a sharp rise in the cost of living is expected to be a key challenge for the government this year, as a host of pressures threaten to lead to the marking up of goods prices.
Nigeria: Flour Mills Invests N7 Billion in Edible Oil
31/01/2012 (AllAfrica.com) - Flour Mills of Nigeria Plc said it will invest N7 billion on a new 500 metric ton per day edible oil extraction and refining facility in Ibadan.
Palm Oil Unlikely To Rally on Tight Fundamentals
30/01/2012 (Hindu Business Line) - Vegetable oil traders across the world have been watching closely the South American weather developments, which are threatening to shake the market up with its somewhat sedate condition in recent months. It is becoming increasingly clear that the global vegetable oil market balance sheet for 2011-12 (October-September) is likely to stay tight (but not get into serious deficit), assuming that Brazil and Argentina face no major crop disaster. Ample stocks of South American soya bean are sure to retard any possible rally.
Palm-Biofuels Fail To Meet US Green Standards: EPA
30/01/2012 (The Sun) - Palm oil biofuel has failed to meet greenhouse gas saving standards to qualify for the US renewable fuels programme, the Environmental Protection Agency (EPA) said, dealing another blow for southeast Asian producers in search of new markets.
Commodities Stay Resilient After US Federal Reserve Chairman’s Remarks
30/01/2012 (The Star) - GOLD prices rallied strongly and penetrated above 1700.00 benchmarks after Federal Reserve chairman Ben Bernanke signalled the possibility of maintaining the near zero interest rate until 2014.