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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
No Fresh Demand For Imported Palmolein, Soya Oil
13/01/2012 (Hindu Business Line) - Imported palmolein and soya oil declined by Rs 3 and Rs 5 for 10 kg, respectively, in Mumbai on Thursday. Absence of new demand and a weak foreign market keep stockists away from fresh bet. Malaysian BMD CPO futures closed lower by 27, 31 and 19 ringgits a tonne on weak global cues and lower demand at higher prices.
Burundi Government to Boost Agriculture Budget, Renouveau Says
13/01/2012 (Bloomberg) - Burundi’s government plans to increase its agriculture budget to boost food production in the East African nation, Renouveau reported, citing Gervais Rufyikiri, the second vice president.
Activity At Karachi And Qasim Ports
13/01/2012 (Business Recorder) - The Karachi Port handled 119,837 tonnes of cargo comprising 91,527 tonnes of import cargo and 28,310 tonnes of export cargo including 4,179 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday.
Crude Palm Oil Production And Price At Record High
12/01/2012 (The Star) - Malaysia's crude palm oil (CPO) in 2011 posted new records in terms of production at 18.9 million tonnes, exports at 18 million tonnes and the average price of RM3,247 per tonne respectively.
VEGOILS-Palm Oil Rises On Weather Fears, USDA Report Eyed
12/01/2012 (Reuters) - Malaysian crude palm oil futures inched up on Wednesday as prospects of lower edible oil output in South America and Southeast Asia offset worries over the euro zone debt crisis.
Biofuels RED Alert
12/01/2012 (New Strait Times) - Producers, Including Oil Palm Growers, Question The Calculation of Sustainability, write Dr Gernot Pehnelt and Christoph Vietze.
Select Edible Oils Weaken on Sluggish Demand, Global Cues
12/01/2012 (Indian Express) - Edible oils turned weak with prices falling by Rs 20 per quintal on the wholesale oils and oilseeds market today, owing to slackness in demand at prevailing levels amid weakening global trend.
12/01/2012 (Business Recorder) - The Karachi Port handled 94,010 tonnes of cargo comprising 67,669 tonnes of import cargo and 26,341 tonnes of export cargo including 4,298 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday.
Tax Office Eyes Big Fish To Meet This Year’s Rp 1,000T Target
12/01/2012 (Jakarta Post) - The tax office aims to hunt down oil and gas, coal, and crude palm oil (CPO) companies who are not paying tax in order to achieve the government tax revenue target of more than Rp 1,000 trillion (US$109 billion) this year, officials said on Tuesday.
