|
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
GoodHope Asia to Start Plantation for Palm Oil in Cameroon
10/08/2011 (Bloomberg) - GoodHope Asia Holdings Ltd., a Singapore based palm-oil processing company, plans to start a $200 million project in Cameroon, including a 50-hectare (124- acre) plantation, it said in a statement.
CPO Price Drops Further
10/08/2011 (The STar) - Crude palm oil (CPO) futures resumed its downtrend yesterday to close below RM3,000 per tonne amid weak external factors, such as the US credit-rating downgrade and the debt crisis in European countries.
MCX CPO Declines on Short Selling
10/08/2011 (Commodity Online) - Crude Palm Oil futures declined today tracking global markets and on active selling by the traders.
Commodities Stable, Despite Stormy Climate
10/08/2011 (Myanmar Times) - Commodity prices have remained largely stable since April, despite the shift to democratic government, large fluctuations in the value of the US dollar and a lift in government pensions, traders said recently.
Ethiopian Food Prices Up Nearly 50%
10/08/2011 (Voice of America) - Ethiopians awoke Tuesday to news that food prices had increased nearly 50 percent over the past year. They didn’t need to be told. Even middle-class Ethiopians are finding it more difficult to feed their families.
Demand Upsurge for Green Chemicals Energises the Southeast Asian Green Feedstock Market Finds Frost & Sullivan
10/08/2011 (Newswire PR) - Amid growing global concerns over depleting fossil resources and rising fuel emissions, the Southeast Asian green feedstock market is picking up steam. Emerging new products based on environment-friendly feedstock are widening the scope for the green feedstock market. Green chemicals are gaining traction worldwide, especially in Europe and North America. Southeast Asia has an abundance of renewable raw material for the production of biodiesel and bioethanol, which are exported to other countries.
Oil Palm Plantation Owners Praise Department’s Proactive Move
10/08/2011 (The Star) - The Sarawak Oil Palm Plantation Owners Association (Soppoa) is happy with the state Immigration Department “for being very cooperative†during the Legal Foreign Workers Biometric Registration Programme.
MAPA Guarantees Plantation Employees Minimum RM850 A Month
10/08/2011 (Bernama) - The Malayan Agricultural Producers Association (MAPA), which has 140 plantation companies under its umbrella, will guarantee and pay all plantation employees not less than RM850 per month, effective September.
Biofuels – Global 2022 Mandates Add Pressure
10/08/2011 (WorldCrop.com) - Global biofuel mandates will soar to 60 billion US gallons (227 billion litres) by 2022, compared to production of around 26.5 billion US gallons (bg) in 2010, according to the International Energy Agency (IEA).
