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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
Sari Describes 2011 as Tough Year For Global Economy
29/12/2011 (Borneo Post) - President of the Federation of Chinese Associations cum Kota Kinabalu Chinese Chamber of Commerce and Industry Datuk Seri Panglima Sari Nuar has described 2011 as a tough year for the global economy.
Sri Lanka Bourse at 4-wk High; Rupee Held Steady
29/12/2011 (Reuters) - Sri Lanka\'s stock market rose for a fourth day on Wednesday to a four-week high on gains in illiquid large caps, despite foreign selling, while the central bank kept the rupee steady by selling over $30 million.
Select Edible Oils Strengthen on Firm Global Cues
29/12/2011 (MSN) - Select edible oil prices strengthened by Rs 50 per quintal on the wholesale oils and oilseeds market today, largely in tandem with a firming global trend.
Palm Oil To Gain More To 3,240 Ringgit/T
29/12/2011 (Business Recorder) - Malaysian palm oil will gain more to 3,240 ringgit per tonne, as indicated by a rising channel.
Activity at Karachi and Qasim Ports
29/12/2011 (Business Recorder) - The Karachi Port handled 108,277 tonnes of cargo comprising 68,749 tonnes of import cargo and 39,528 tonnes of export cargo including 3,440 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday.
SK Research Raises CPO Price To RM3,000 For Next Year
29/12/2011 (Bernama) - OSK Research is raising the average crude palm oil (CPO) price to RM3,000 per tonne for next year from the RM2,700 per tonne estimated previously.
More States To Benefit from World Bank’s $150m Commercial Agric Project
29/12/2011 (Vanguard) - More states are to benefit from World Bank’s $150million Commercial Agriculture Development Project, CADP, across the six geo-political zones of the country.
PZ To Invest 100Bn in Palm Oil Refinery .
28/12/2011 (BusinessDay) - PZ Cussons, makers of home used products has revealed that, its $56 million palm oil refinery in partnership with Singapore’s Wilmar International would be operational by the third quarter (3rd of next year, the chief executive of Cussons’ Nigerian unit said on Friday.
Indonesian, German Consortium Targets N. Sumatra
28/12/2011 (Jakarta Globe) - A consortium consisting of state plantation company Perkebunan Nusantara III and German engineering group Ferrostaal are set to start construction in January of a Rp 5 trillion ($550 million) palm oil industrial zone in Sei Mangke, North Sumatra.
