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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
CPO Price To Remain Bearish in The Near Term — Analysts
15/11/2011 (Borneo Post) - In anticipation of higher palm oil production and lacklustre global demand going forward, crude palm oil (CPO) price is expected to trend downwards in the medium term.
Shipping Activity at Port Qasim
15/11/2011 (Daily Times) - Shipping activity remained active at the Port where four ships carrying containers, chemicals, palm oil and diesel oil were arranged berthing at Qasim International Container Terminal, Multi Purpose Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively during last 24 hours.
SE Asia Stocks-Most Climb Over 1 Pct amid Europe Hopes
15/11/2011 (Reuters) - Most Southeast Asian stock markets climbed more than 1 percent on Monday as commodity-related stocks gained, while flood-hit Thai stocks hit seven-week highs due to optimism about a rise in consumer demand and government spending once the flooding ends.
Malaysian Palm Oil Climbs
15/11/2011 (Business Recorder) - Malaysian palm oil futures climbed to a near five-month high on Monday as sentiment on eurozone debt problems improved, with supply and demand fundamentals offering further support for the edible oil.
Nigeria: Govt-Ghana Trade Volume Grows to U.S.$1.6 Billion
15/11/2011 (AllAfrica.com) - The value of bilateral trade between Nigeria and Ghana has grown to $1.6 billion (N240 billion) in 2011.
Need For More Oil Palm Processing Units Stressed
15/11/2011 (The Hindu) - The department of horticulture, in line with the Union Government\'s policy of expansion of horticulture cultivation area to reduce dependence on import of oil palm, is promoting oil palm cultivation in the Visakhapatnam region. Farmers in the district are cultivating in 4,000 hectares while farmers in Vizianagaram and Srikakulam are cultivating in 7,000 and 3,000 hectares respectively. The State stands first in the country by cultivating in one lakh hectares.
Malaysian Cues Buoy Palmolein
15/11/2011 (Hindu Business Line) - Tracking a bullish Malaysian palm oil, palmolein rose by Rs 9 for 10 kg, extending gains for a fourth day, along with soya refined oil and cotton oil which were up Rs 3 for 10 kg each. Groundnut oil, sunflower oil and rapeseed oil remained unchanged despite lack of demand.
Palm Oil May Advance to Highest Since 2008 as Harvest Slows, Mistry Says
14/11/2011 (Bloomberg) - Palm oil may climb to 4,000 ringgit ($1,277) by the end of the first half, the highest since 2008, as output slows in Indonesia and Malaysia amid “buoyant†demand, said Dorab Mistry, director of Godrej International Ltd.
Palm Oil To Continue Uptrend This Week
14/11/2011 (The Star) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to continue their uptrend this week driven by positive sentiments.
