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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
Palm Oil Edges Up
26/01/2012 (Business Recorder) - Malaysian crude palm oil futures edged up in post-holiday trade on Wednesday as traders focused on dry south American weather affecting soy yields, although concerns of a looming Greek debt default curbed gains.
Palm Oil To Fall To 3,136 Ringgit/T
26/01/2012 (Business Recorder) - Malaysian palm oil is expected to drop to 3,136 ringgit per tonne, as it could have completed a rebound from an hourly chart low of 3,103 ringgit.
VEGOILS-Palm Oil Edges Up; Weather, Global Economy in Focus
26/01/2012 (Reuters) - Malaysian crude palm oil futures edged up in post-holiday trade on Wednesday as traders focused on dry south American weather affecting soy yields, although concerns of a looming Greek debt default curbed gains.
Edible Oils Up on Millers Buying, Global Cues
26/01/2012 (Expressindia.com) - New Delhi Select edible oil prices rose by up to Rs 100 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati millers to meet the ongoing marriage season demand amid a firming global trend.
Astra Agro’s CPO Sales Reach 1.25m Tons in 2011
26/01/2012 (Jakarta Post) - Publicly-listed plantation company PT Astra Agro Lestari reported that it sold 1.25 million tons of crude palm oil (CPO) in 2011, increasing by about 12 percent from 1.11 million tons in 2010.
Russia, Indonesia and $5 Billion in Trade
26/01/2012 (Jakarta Globe) - Simon Evenett, an economics professor at the University of St. Gallen in Switzerland, has likened the eighth World Trade Organization Ministerial Conference last month to a Russian doll: “The deeper you go, the less and less you get.†The conference, the top decision-making body of the WTO, was hoped to resuscitate the Doha Round, the long-stagnant round of negotiations to reform the international system of trade. However, many commentators share the view that the ministerial conference did nothing to move the round forward.
Fitch`s Outlook on Indian Edible Oil Industry Negative
26/01/2012 (MoneyControl.com) - Fitch Ratings has come out with its outlook on Indian edible oil. The research firm expects, the prices of most edible oils will remain firm and overall production of mustard and groundnut oilseeds may decline due to lower acreage and yields that would result in lower crushing and output.
Save the Apes and You Save the Forests: Scientists
26/01/2012 (Jakarta Globe) - Developing primate conservation projects, particularly for great apes, can contribute toward the long-term health of forests and to carbon sequestration schemes, scientists contend.
Cries of EU Biofuel Discrimination Grows Louder
25/01/2012 (The Star) - Lately, the debate has grown louder over the discriminatory nature of the European Union's (EU) default values for biofuels especially on imported biofuel feedstocks like palm oil and soybean oil.
