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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
Union Budget of India: Promotional Measures to Increase Palm Oil Plantatation Allocated RS.300 Crore
01/03/2011 (Equity Bulls) - The Union Finance Minister, Shri Pranab Mukherjee has proposed to provide an amount of Rs. 300 crore to bring 60,000 hectares under palm oil plantations, by integrating the farmers with the markets.
Palm Oil Rises
01/03/2011 (China Daily) - Palm oil gained for a second day, tracking gains in crude oil and soyabeans, which surged the most in six weeks on Friday on bets that increasing export demand for US crops will tighten global supplies.
Porntiva: Cooking Oil Now Available
01/03/2011 (Bangkok Post) - The Commerce Ministry should be able to distribute more one-litre bottles of imported cooking palm oil to stores nationwide this week, minister Porntiva Nakasai said on Monday.
Growth-oriented Move with Focus on Rural Economy
01/03/2011 (Financial Express) - It is an inclusive and growth-oriented Budget. The FM has given importance to the agriculture sector by recognising that agriculture development is central to India’s growth strategy.
Pawar Hails Budget as Farmer-Friendly
01/03/2011 (Business Standard) - Terming the general budget as "farmer-friendly", Agriculture minister Sharad Pawar today said the government has fulfilled the long-cherished demand of farming community by lowering the interest rate on farm loan to 4 per cent through subvention incentives.
Global Palm Oil Industry Meeting Next Month
25/02/2011 (thenews.com) - Food price inflation and recovering Southeast Asian palm oil output will take centre stage at the industry’s largest event - the Bursa Malaysia’s annual Palm and Lauric Oils Conference & Exhibition.
Thailand Diverts Oil Meant for Biofuel
28/02/2011 (Biofuel-News) - In Thailand, the world's third-largest producer of palm oil, the Energy Ministry is to hold 5,000 tonnes of crude palm oil (CPO) for use of cooking oil, as the country's government works to address the shortage of domestic palm oil.
Lower Indian Import May Hit vegoil Prices
28/02/2011 (The Financial Express) - India will process 12% more domestic oilseed crops into cooking oil this year,trimming imports of edible oil by up to 5% in the first such slowing in five years, easing global prices and blunting food-driven inflation.
Sri Lanka: Retail Rally Continues
28/02/2011 (Asiantribune.com) - Acuity Stockbrokers Research Ltd in their market review indicated that the All Share Price Index ( ASPI) gained 39.13 points or 0.51% during the week’s trading to close at 7711.62, while Milanka Price Index ( MPI) lost 72.81 points, amounting to 1.01% to close the week at 7242.16.
