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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
EU to Delay Action on Biofuels\' Indirect Impact
12/09/2011 (Commodities Now Online) - The European Union's top climate and energy officials have agreed to delay by up to seven years rules that would penalise individual biofuels for their indirect climate impacts, details of the deal showed. The political compromise is designed to protect EU farmers' incomes and existing investments in the bloc's 17 billion euro-a-year ($24 billion) biofuel sector, while discouraging new investments in biofuels that do nothing to fight climate change.
Sustainable Trade Road Map Being Prepared to Boost Exports
12/09/2011 (Jakarta Post) - The government is designing a road map for sustainable trade, which is expected to be finish this year, in a bid to boost its export edge and enhance the competitiveness of local products amidst new challenges from overseas markets.
Trainee Programme For Graduates Interested in Oil Palm, Hospitality Industry
12/09/2011 (Borneo Post) - Students who have completed their secondary school and wish to build careers in the oil palm or hospitality industry should try their hand at the Golden Star Ace – RH Hotel Group’s trainee programme.
Palm Oil Gains as Advances in Crude Prices Raise Biofuel Appeal
09/09/2011 (Bloomberg) - Palm oil gained for a second day as advances in crude oil lifted the appeal of vegetable oils used in food and fuels.
Sustainable Palm Oil Bill Sought
09/09/2011 (Bangkok Post) - Legislation to regulate the country's palm oil industry is being pushed to ensure more sustainable development and stable prices.
Indonesia Palm Oil Producers Reject New Export Taxes Policy
07/09/2011 (Bloomberg) - The Indonesia Palm Oil Association urged the government not to impose higher export taxes on crude than its refined products as it could encourage smuggling and harm the processing industry.
FTA Helps Enhance Bilateral Trade With Malaysia
07/09/2011 (PakistanToday.com.pk) - Pakistan and Malaysia expect bilateral trade to double in the next few years from $2 billion to $4 billion after the Free Trade Agreement (FTA) has been signed by the two countries. A session of Pakistan Malaysia Joint Ministerial Commission (JMC) is going to be held on September 13 in the Malaysia to examine the implementation status of the agreements and understandings between the two countries.
New CPO Export Tax To Negatively Impact Indonesian Upstream Planters
07/09/2011 (Bernama) - The new crude palm oil (CPO) export tax structure introduced by the Indonesian Finance Ministry is expected to have a negative impact on the country's upstream planters for the financial years 2012 and 2013, says Hwang DBS Vickers Research.
VEGOILS-Palm Oil at near Two-Week Low on Economic Concerns
07/09/2011 (Reuters) - Malaysian palm oil futures fell to their lowest in almost two weeks on Tuesday as investors fretted over the worsening euro zone debt crisis that could put the brakes on economic growth and commodity demand.