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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
Malaysia, Indonesia bourses did well
01/07/2011 (Channel News Asia) - Stock markets in Malaysia and Indonesia have outpaced their Southeast Asian counterparts for the first half trading of this year.
Smart: Indonesia Palm Plantings Since Late 2005 Not In Primary Forests
01/07/2011 (Capital) - PT Smart (SMAR.JK), an Indonesian subsidiary of Golden Agri Resources Ltd. (E5H.SG), said a research team has determined that land preparation for palm oil plantation expansion in West and Central Kalimantan provinces since November 2005 wasn't carried out on primary forest lands, refuting some of the allegations made last year by Greenpeace and other environmental groups.
Thai Elections – Uncertainty Ahead For Commodities
01/07/2011 (World Crop) - Thais head to the polls on 3 July for the eagerly awaited general election. The business community especially is hoping for a smooth and painless vote.
Palm Oil Climbs As Demand Spurs Buying
30/06/2011 (Business Times) - Palm oil advanced for a second day as importers replenished stockpiles to meet demand during the upcoming Ramadan fasting season and a gain in crude oil lifted the appeal of vegetable oils as biofuel feedstock.
Is palm oil good for you?
30/06/2011 (Nigerian Tribune) - The age-long myth that consumption of palm-oil is not safe because it contributes to the risk of developing heart problem has been dispelled by researchers. Researchers in a review of studies on the possibility of palm oil’s saturated fatty acid content increasing the low density cholesterol in the blood and thus predisposing to heart problem, aside disproving this myth, scored palm oil as one of the best cooking vegetable oils with health promoting properties.
180,000 Tons Of Palm Oil May Arrive In July
30/06/2011 (The Express Tribune) - Pakistan may import as much as 180,000 tons of palm oil for July and has covered a lot of its requirement of the vegetable oil ahead of the fasting month of Ramazan, a top industry official said on Wednesday.
Palm Oil Will See Greater Demand: Oil World
30/06/2011 (Business Times) - Palm oil will be in greater demand in the season starting in October as production of other oilseeds rises at a slower pace, Oil World said.
Palm Oil Offers Lucrative Returns
29/06/2011 (Commodity Online) - The use of palm fruit to extract edible and usable oil has been practiced across continents for centuries, and it remains one of the primary export commodities for Malaysia. Malaysia has been a big part player in the palm oil industry, with an estimated 5% of global productions as of 2006. Malaysia produced 17.7 million tonnes of palm oil in 2008 and is currently the second largest palm oil producer.
Palm Oil Climbs As US Soyabeans Ease
29/06/2011 (Gulf News) - Palm oil advanced for the first day in five, rebounding from the lowest close in eight months, after the condition of the US soybean crop deteriorated, boosting prices of the oilseed that's crushed to make a rival product.
