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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
Press Release : McDonald\'s Joins Roundtable on Sustainable Palm Oil; Commits to Sourcing Sustainable Palm Oil
20/10/2011 (MarketWatch) - McDonald's Corporation today announced its membership in the Roundtable on Sustainable Palm Oil (RSPO). This membership represents significant progress in the company's commitment to source palm oil only from RSPO member companies by the end of this year, and to use only RSPO-certified palm oil in restaurants and pre-cooked chicken and potato products by 2015.
VEGOILS - Palm Oil Bounces on Euro Zone Report, Export Hopes
20/10/2011 (Reuters) - Malaysian palm oil futures bounced on Wednesday on improving sentiment after a news report said European policy makers will increase financial firepower to resolve the region's debt woes.
Indonesian Stocks Rebound on Earnings Optimism
20/10/2011 (Jakarta Globe) - Stocks rebounded on Wednesday amid expectations of positive corporate earnings reports in the next couple of weeks and on good news out of Europe.
Felda Shortlists 15 Investment Banks for Listing Exercise
20/10/2011 (The Sun Daily) - Federal Land Development Authority (Felda) Holdings Bhd has shortlisted 15 investment banks to undertake the listing exercise of Felda Global Ventures Holdings Sdn Bhd (FGVH), said its Chairman Tan Sri Isa Abdul Samad.
Indonesia President Names New Trade Minister
20/10/2011 (VIVAnews.com) - President Susilo Bambang Yudhoyono has officially appointed Gita Wirjawan as Trade Minister replacing Mari Elka Pangestu in response to the cabinet reshuffle. The Indonesian president calls on Gita to improve domestic trade in an effort to reinforce the economy following the global economic downturn.
Oleochemicals, Biofuels Face Higher 2012 Feedstock Price – Consultant
20/10/2011 (ICIS) - After bottoming out in September, the global fats and oils market is expected to see another upward price cycle in 2012, led by projected lower production volumes and increased consumption of biofuels, an industry consultant said on Wednesday.
Two People’s Plantation Schemes Failed, Says Assemblyman
20/10/2011 (The Star) - The Kelantan state assembly was told that two Ladang Rakyat schemes in Gua Musang had suffered losses since its implementation five years ago.
Agrobank Sees Higher Net Profit
20/10/2011 (The Star) - Agrobank is aiming for a 15% to 20% year-on-year growth in net profit for the current financial year ending Dec 31, 2011 (FY11), said president and chief executive officer Wan Mohd Fadzmi Wan Othman.
Kharif Oilseed Output May Slide 4-5% on Crop Damage: Industry
20/10/2011 (Business Standard) - The country’s total oilseed production this kharif harvesting season is likely to decline by four-five per cent season due to severe crop damage, especially of soybean, in major areas of Madhya Pradesh, India’s largest producing state.