|
CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Price On Downtrend
13/07/2011 (The Star) - The downward pressure on crude palm oil (CPO) prices continued yesterday amid rising production and an 18-month-high inventory. This has also triggered market talk that the commodity may slip to below RM3,000 per tonne this week.
Palm Oil Prices May Fall Below RM3,000
13/07/2011 (Business Times) - Malaysian palm oil prices may fall below RM3,000 per metric ton this month as consumers may defer purchases in anticipation of lower selling prices, according to CIMB Investment Bank Bhd in a report today.
Bio fuel production is being encouraged in industrial sector
13/07/2011 (Pattaya Mail) - The office of Energy Policy and Planning Office (EPPO), Ministry of Energy, is pressing the industrial sector to adopt a better waste management plan by developing a bio-fuel system.
Smallholders Play Crucial Role In Malaysia\'s Palm Oil Industry
12/07/2011 (Bernama) - The smallholder sector which makes up 40 per cent of oil palm planted areas in Malaysia, is among crucial components in the country's palm oil industry.
Indonesia eyes role in Myanmar
12/07/2011 (Myanmar Times) - Indonesia is seeking to expand trade with Myanmar, said Mr Edy Putra Irawady, Deputy Minister for Industry and Trade Affairs.
Malaysia Palm Oil Inventories Reach 18-Month High
12/07/2011 (Gulf News) - Palm oil stockpiles in Malaysia, the second-biggest grower, climbed to the highest level in 18 months in June as production expanded, even as exports reached near-record highs.
RI Still Relies on Palm Oil, Textiles for Future Growth
11/07/2011 (Jakarta Post) - Indonesia will continue to rely on major commodities such as palm oil, rubber as well textile and electronics products as the main drivers of the country’s future non-oil and gas exports, a senior Industry Ministry official says.
Sector Analysis of Edible Oil Industry Commences
11/07/2011 (Pakistan Observer) - Islamabad—The Directorate General of Intelligence and Investigation, Inland Revenue Federal Board of Revenue has started sector analysis of edible oil industry, taking into account import volume of Rs 197 billion raw materials consumed during first 11 months of 2010-11 and registration of around 10,000 to 15,000 wholesalers and distributors with the sales tax department.
Palm Oil Gains as Advances in Crude Lifts the Appeal of Biofuel
11/07/2011 (Bloomberg) - Palm oil climbed for a second day to the highest level in a week as crude advanced, lifting the appeal of vegetable oils as a biofuel feedstock, and on gains in rival soybean oil.