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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
The Thai Palm Oil Industry Ready for Sustainable Palm Oil Production
17/12/2011 (Food Ingredients First) - The Thai Palm Oil Industry and the RSPO (Roundtable on Sustainable Palm Oil) are ready for sustainable palm oil production in Thailand. In a joint press conference the Secretary General of RSPO and the Chairman of the ‘Thai Oil Palm and Palm Oil Association’, the ‘Palm Oil Crushing Mill Association’, the ‘Thai Biodiesel Producer Association’ and the ‘Palm Oil Refinery Association’ announced the approval and publication of the National Interpretation (NI) of the RSPO in Thailand.
Jakarta Plans Taxes On More Commodities
17/12/2011 (Business Times) - Indonesia plans to impose export taxes on a range of commodities, including metals and rubber, as part of a raft of new fiscal policies for next year, the industry minister said yesterday.
SEPA Concerned Over Dept’s Manpower Shortage
17/12/2011 (Borneo Post) - Sabah Environmental Protection Association yesterday expressed its concern over the lack of manpower in the Sabah Environment Protection Department’s enforcement division.
RI Expects Maintain Export Value At $200M
17/12/2011 (Jakarta Post) - Indonesia aims to reach an export value in 2012 at least similar with this year’s figure of US$200 million by exporting to non-traditional markets, such as African and Latin American countries, Trade Minister Gita Wirjawan said Friday.
Felda Creates World’s First Marker To Detect Ganoderma Disease
16/12/2011 (The Star) - Felda Global Group's research and development arm, Felda Agriculture Services Sdn Bhd has made a major breakthrough with the creation of the world's first marker for identifying oil palm susceptible to the ganoderma disease.
L’Oréal, Henkel and Yves Rocher All Recognised For Sustainable Palm Oil Commitment
16/12/2011 (CosmeticDesign-Europe.com) - Finished goods manufacturers L’Oréal, Henkel and Yves Rocher have all top scored in the latest WWF Palm Oil Buyers Scorecard, which measures the performance of 132 major retailers and consumer goods manufacturers against 4 areas which show whether these companies are acting responsibly.
Edible Oils Decline on Weak Global Cues
16/12/2011 (MSN) - Prices of palmolein and soyabean oils declined up to Rs 30 per quintal on the oils and oilseeds market today, dragged down by a weakening global trend.
VEGOILS-Palm Oil Rises But Euro Zone Concerns Remain
16/12/2011 (Reuters) - Malaysian crude palm oil futures rose by as much as 1.4 percent on Friday, rebounding from the previous day's six-week low and tracking gains in other markets, but traders expected the euro zone worries to dampen sentiment.
Edible Oils Bullish Despite Weak Demand
16/12/2011 (Hindu Business Line) - Edible oils remained bullish on a weak rupee against the dollar on Thursday despite weak demand on the physical market.
