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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
CPO Closes Higher on Lower Output
11/08/2011 (The Star) - Crude palm oil (CPO) prices rebounded to close slightly higher yesterday following lower production and declining inventory for July that was reported by the Malaysian Palm Oil Board (MPOB).
Asian Markets up in Cautious Trade
11/08/2011 (The Edge Malaysia) - Key Asian markets rose on Wednesday, Aug 10 following the Federal Reserve's pledge to keep rates near zero for another two years, as well as encouraging economic data from China.
HUL Hikes Prices of \'Pears\' Soap By Up To 6%
11/08/2011 (MoneyControl.com) - FMCG major Hindustan Unilever (HUL) today said it has increased the prices of one of its soap brands by up to 6% due to high raw material cost.
Price Rises Mar Ramadan Feasts
11/08/2011 (Asia Times) - High prices, mostly linked to price gauging, are spoiling many Bangladeshi Ramadan celebrations despite government efforts to crack down on unscrupulous traders with mobile courts.
Morning Markets: Multi-market Rebound Pulls up Crop Futures
11/08/2011 (Agrimoney.com) - The late surge on Wall Street, which drove the Dow Jones Industrial Average to close up 4%, helped Asian shares post, less enthusiastic, gains too. Tokyo's Nikkei index closed up 1.1%.
Cookies, Potato Chips Sales Seen Driving India Palm Oil Imports to Record
11/08/2011 (Bloomberg) - Palm oil imports by India, the largest buyer, may climb to a record this year as rising incomes stoke demand for cookies and potato chips, potentially stemming a decline in prices from a more than nine-month low.
Palm Oil Labelling – Promotes Transparency or Attracts Negative Attention
10/08/2011 (The Star) - THE battle-hardened Malaysian palm oil industry is in the middle of yet another bruising fight. The theatre of war this time is Australia and the focus is on a proposed legislation that singles out palm oil as a food ingredient.
Malaysian Palm Oil Import Scam Haunts Kerala CM Even After 20 Yrs
10/08/2011 (Commodity Online) - In one of the most protracted legal battles in the state of Kerala in South India, palmolein or palm oil import scam is haunting State Chief Minister (CM) Ommen Chandy which took him to the verge of quitting the post.
China Buying To Perk Up Palm Oil and Soybean Trade
10/08/2011 (Agrimoney.com) - Oil World provided a ray of hope for prices of palm oil and soybeans even as they set multi-month lows, holding out the prospect of a rebound in Chinese buying.