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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 Futures Set To Continue Uptrend
07/11/2011 (Business Times) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to continue their uptrend next week on the back of improving risk appetite boosted by positive developments in the euro zone.
Edible Oils Extend Gains on Global Cues, Millers Buying
07/11/2011 (MSN) - Edible oils extended gains for the fourth week in a row on the wholesale oils and oilseeds market, mostly on the back of continued buying by millers as well as retail investors amid firming trend in global markets.
September Exports Up 16.6% Asia Main Destination of Shipments
07/11/2011 (The Star) - Malaysia’s exports in September rose 16.6% year-on-year to RM58.68bil, the International Trade and Industry Ministry (Miti) said.
Malaysia CPO Stockpiles May Climb 4.2pc
07/11/2011 (Business Times) - Palm oil stockpiles in Malaysia probably rose to 2.21 million metric tons in October, gaining to the highest level in almost two years and nearing a record, as output beat exports, according to a Bloomberg News survey.
Pakistan Cuts Indonesian Palm Oil Duties By 15pc
04/11/2011 (Business Recorder) - The Pakistani cabinet has approved a 15 percent cut in the import duty for Indonesian crude palm oil and products, the commerce ministry said on Thursday, putting the world's top palm oil exporter on a par with rival Malaysia.
Pak-Indonesia Concludes CEPA Negotiation Successfully
04/11/2011 (APP): Pakistan and Indonesia have successfully concluded the negotiations process of Comprehensive Economic Partnership Agreement (CEPA) on the 8th round of negotiations held on Sep 16, in Indonesia. According to a statement issued here on Thursday, Pakistan and Indonesia signed the CEPA in November 2005 on the occasion of the visit of the President of Indonesia to Pakistan. Under the provisions of CEPA, in 2006, both countries commenced negotiations to conclude a Preferential Trade Agreement, according to which, the agreement would ultimately create a ‘Free Trade Area’ between the two countries. Now both countries successfully concluded the negotiations process during the 8th round of negotiations held on September 16, 2011 in Jakarta, Indonesia. Under the Agreement, Indonesia agreed to offer market access to Pakistan on 221 tariff lines of on preferential rate.
Asean-China Ties Can Offer More Opportunities
04/11/2011 (The Star) - Asean should harness its existing relationship with China to strengthen its foothold in various business areas, said Star Publications (M) Bhd chairman Tan Sri Dr Fong Chan Onn.
Unilever Profitability May Drop as Raw-Materials Costs Rise
04/11/2011 (Bloomberg) - Unilever, the world’s second-biggest consumer-goods company, said profitability might fall this year even after it increased prices to mitigate soaring costs for the commodities used to make its products.
Palm Oil Surges
04/11/2011 (Business Recorder) - Malaysian palm oil futures rose to a near one-week high on Thursday, as expectations of lower Southeast Asian output buoyed prices late in the session, with uncertainty surrounding the eurozone debt crisis capping gains.
