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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 To Peak About 3,270 Ringgit/T
05/01/2011 (Business Recorder) - Malaysian palm oil is expected to end the current exhausted rebound about the Nov. 18 high of 3,270 ringgit per tonne, as the rebound is driven by a final wave (5).
PTT Increasing Investment in Green Business
05/01/2012 (The Nation) - PTT plans to invest 10 per cent of its capital expenditure in the green business by 2020.
Plantation Stocks Advance on Commodity Rally
05/01/2012 (Business Times) - Kuala Lumpur Kepong Bhd gained 1.9 percent to RM23.44, on course for a record close, as global commodities posted the biggest rally in almost eight months on speculation that increased factory output in countries ranging from China to the U.S. signals increasing demand for raw materials.
Commerce Ministry Adds Eight More Items To List
05/01/2012 (Bangkok Post) - The Commerce Ministry will add eight more items to its price control list and closely monitor food prices affected by global warming.
Palm Oil Surges as Tighter Soybean Supplies May Increase Demand
04/01/2012 (Bloomberg) - Palm oil rallied to the highest level in more than six weeks on concern that hot, dry weather in South America may damage crops of soybeans, crushed to make an alternative edible oil, and as demand may rise in China.
Kenya: Oil Palm Uproots Sugar Cane From Farms in Busia
04/12/2012 (AllAfrica.com) - Oil palm is emerging as an alternative cash crop for residents of Western Province who have mainly relied on sugarcane farming for years.
Mewah Diversifies Its Operations To Indonesia, Output To Go Up 23%
04/01/2012 (The Star) - Mewah International Inc, Malaysia’s biggest palm oil refiner after Wilmar International Ltd, said its planned investment in Indonesia would diversify operations and increase processing capacity by 23%.
Indonesia’s Pension Fund Is Bearish on Commodity Stocks
04/01/2012 (Bloomberg) - PT Jaminan Sosial Tenaga Kerja, Indonesia’s national pension fund, is bearish on the nation’s commodity stocks as slowing global growth may curb exports from the world’s biggest supplier of thermal coal, palm oil and tin.
Sabah RE Producers Will Enjoy Rates Under FiT
04/01/2012 (Daily Express) - Renewable energy (RE) producers in Sabah, who are mostly biomass and biogas plant operators at palm oil mills, will not enjoy the 32 sen per kilowatt per hour (kWh) under the feed-in tariff (FiT).
