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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
Regulation That Would Have Legalized Illegal Oil Palm Plantations Revoked
28/09/2011 (Mongabay.com) - A forestry regulation that would have allowed 7.4 million hectares of oil palm plantations in Indonesian Borneo to be legalized as forestry plantations has been revoked before it ever went into force, reports Bisnis.com, an Indonesian business daily.
Plans for Palm-Oil Plantation in Cameroon Rainforests
28/09/2011 (GreenAnswers) - New York based investment firm, Herakles has its eyes set on a 60,000 square mile area of the Cameroon landscape, with the hope of turning the area into one of the world’s largest production sites of palm-oil. In a market typically dominated by plantations based out of Asia, Herakles hopes to cash in and get a piece of this multi-billion-dollar-a-year industry.
KL Kepong Leads Palm Oil Stocks Lower as Prices Forecast to Fall
28/09/2011 (Bloomberg) - Malaysian palm oil stocks, led by Kuala Lumpur Kepong Bhd., fell in Kuala Lumpur trading after a Bloomberg survey showed prices of the edible oil may drop for the first time in three years.
Expanded Plantations Will Boost CPO Firms, Exec Says
28/09/2011 (Jakarta Globe) - Indonesia’s palm oil producers are forecast to increase production this year as their cultivated areas expand, according to a company executive.
Reap As Much As You Can, Salang Tells Rural Farmers
28/09/2011 (Borneo Post) - Rural farmers must always aim to reap as much as possible from all their agricultural endeavour, said Deputy Information, Communications and Culture Minister Datuk Joseph Salang.
Felcra To Implement RM224 Million Worth of Devt Projects in Sarawak
28/09/2011 (Borneo Post) - Felcra Bhd has been allocated RM224 million to implement various development projects in Sarawak.
Palm Oil Headed for First Drop in Three Years to Cut Costs
27/09/2011 (Bloomberg) - Palm oil, the world’s most-used cooking oil, may drop for the first time in three years as favorable weather boosts supplies and a global economic slowdown weakens demand, potentially cooling world food costs.
Palm Oil Industry Wants Price Standards
27/09/2011 (Bangkok Post) - Palm oil refiners have urged the government to set price standards to secure the industry and avoid future shortage.
ASEAN Markets More Accessible To Indian Companies: FICCI
27/09/2011 (Economic Times) - Free trade agreement (FTA) with Association of Southeast Asian Nations (ASEAN) has increased market access for Indian companies, a survey by the Federation of Indian Chambers of Commerce and Industry (FICCI) said on Sunday.