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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 Oil Exports to Pakistan May Surpass US$1 Billion
23/09/2011 (Tempo Interactive) - Bilateral trade between Indonesia and Pakistan within the Preferential Trade Agreement (PTA) is expected to show a real impact on palm oil production. “We will gain an additional income of more than US$1 billion from branded cooking oil exports to Pakistan,†said Trade Deputy Minister Mahendra Siregar on Wednesday.
Crude Palm Oil Remains Weak on Profit-booking
23/09/2011 (Business Standard) - Crude palm oil prices declined by Rs 3.20 to Rs 500.40 per 10 kg in the futures trade today on emergence of profit-booking by speculators, driven by sluggish demand in the physical market and a weak global trend.
Global Economy a Risk to CPO Demand
23/09/2011 (Borneo Post) - Mounting global economic uncertainties have put pressure on crude palm oil (CPO) demand as slower gross domestic product (GDP) in major palm oil consuming countries threaten the worldwide consumption of CPO.
KLK Slips on Downgrade, CPO Futures Below RM3,000
23/09/2011 (The Edge Malaysia) - Shares of KUALA LUMPUR KEPONG BHD (KLK) slipped on Friday, Sept 23, weighed down by the weaker crude palm oil (CPO) futures which fell below RM3,000.
RSPO Supports Dutch Move on Palm Oil
22/09/2011 (The Star) - The Roundtable on Sustainable Palm Oil (RSPO) has applauded the Dutch Product Board for Margarine, Fats and Oils’ (MVO) call for the European Union (EU) to abolish the import duty on RSPO’s certified sustainable palm oil (CSPO) from Malaysia and Indonesia.
VEGOILS-Palm Oil Barely Moves on Bleak Global Economic Outlook
22/09/2011 (Reuters) - Malaysian palm oil barely moved on Wednesday as investors grew wary over attempts to resolve Europe's debt crisis and shore up the U.S. economy against a slide back into recession -- factors that can stall global commodity demand.
Equatorial Palm Oil: Progressing With Liberian Plans
22/09/2011 (Proactive Investors UK) - Equatorial Palm Oil (LON:PAL) plans to take advantage of a growing demand for palm oil in foodstuffs among both traditional markets and regions where palm oil has not generally been used for food products.
Mission NewEnergy Petitions EPA For Palm Oil Pathway
22/09/2011 (Biodiesel Magazine) - Australia-based Mission NewEnergy Ltd. recently announced the development of an improved palm oil supply chain process called Mission g-Palm that is designed to maximize greenhouse gas (GHG) savings when producing biodiesel. According to information released by Mission, the company has petitioned the U.S. EPA for approval to sell its enhanced g-Palm oil-based biodiesel in the U.S. Mission also stated that its biodiesel product has already been accepted into major European markets after demonstrating to regulatory authorities that it meet EU sustainability requirements.
Six Companies To Invest RM300mil in Sarawak Oil Palm Estates
22/09/2011 (The Star) - Six plantation companies, including one from Peninsular Malaysia, are expected to invest over RM300mil to open up some 33,200ha of native customary rights (NCR) land in Sarawak for oil palm development.
