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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
Malaysia’s Palm Oil Stockpiles May Have Dropped for Third Month
11/01/2012 (Bloomberg) - Palm oil production declines in Malaysia, the world’s second-biggest grower, outpaced the drop in exports in December, indicating inventories may have fallen for the third month in a row, Oil World said.
Action Plan To Protect Sabah\'s 3 Iconic Animals
11/01/2012 (Daily Express) - Sabah launched, Monday, three five-year State Species Action Plans for the orang-utan, elephant and rhinoceros, respectively, that will provide a platform for better protection of the three flagship species.
Industrial Palm Oil Production Expands At Expense of Rainforests in Peru
11/01/2012 (Mongabay.com) - Intensive palm oil production is expanding at the expense of biolologically-rich lowland rainforests in the Peruvian Amazon, reports a study published in Environmental Research Letters. The research indicates that enthusiasm for oil palm — one of the world\'s most lucrative crops — is taking a toll on forests outside of Southeast Asia, where the vast majority of palm oil is produced.
Edible Oils Up On Fresh Millers Buying, Global Cues
11/01/2012 (MSN) - Edible oil prices rose up to Rs 100 per quintal on the wholesale oils and oilseeds market today, on fresh buying by flour mills to meet the marriage season demand amid firming global trend.
Imported Oils Rise On Global Cues
11/01/2012 (Hindu Business Line) - Imported palmolein and soya refined oil rose by Rs 2 and Rs 10 for 10 kg on Tuesday as Malaysian markets improved and physical demand increased.
CPO May Trade Higher: Nirmal Bang
11/01/2012 (Moneycontrol.com) - Nirmal Bang has come out with its report on CPO.
Indonesia’s Plantation Commodity Exports Up US$8.4 Bln On Higher Commodity Prices
11/01/2012 (Borneo Post) - Indonesia’s plantation commodity exports are predicted to increase by up to US$8.4 billion to US$35.72 billion last year from US$27.35 billion the year before, Antara news agency reported.
Lonkey Looks To Harvest Profits From Its Palm Oil Detergents
11/01/2012 (China Daily) - Shenzhen-listed Guangzhou Lonkey Industrial Co, one of the top-five detergent makers in China, is looking to find another market niche with its environmentally friendly formulas.
Activity At Karachi And Qasim Ports
11/01/2012 (Business Recorder) - The Karachi Port handled 61,498 tonnes of cargo comprising 22,579 tonnes of import cargo and 38,919 tonnes of export cargo including 2,077 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday.