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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
Sime Darby Eyes Palm Oil Expansion in Africa
28/02/2011 (Financial Times) - Sime Darby, the world’s biggest listed palm oil producer, is considering plans for a 300,000 hectare plantation in Cameroon as the industry rushes to expand in Africa in response to rising demand and near-record prices.
India : Import Duty Cuts on Budget Agenda
28/02/2011 (The Telegraph) - Finance minister Pranab Mukherjee is expected to announce a slew of import duty cuts in Union Budget 2011-12 to fulfil the commitments in India’s free-trade agreements (FTAs).
Govt Makes Headway on Bio-Fuels
28/02/2011 (East African Business Week) - With Uganda expected to start oil production soon, strong progress is being done in the field of bio-fuels to supplement on the available oil and energy in the country.
Plantation Firms in Sarawak to Pay More to Recruit New Indonesian Workers
25/02/2011 (The Star Online) - Plantation companies in Sarawak will have to pay about 15% more in wages to recruit new Indonesian workers soon.
Market Down as Lower CPO Prices Hit Plantation Stocks
25/02/2011 (The Star Online) - The FTSE Bursa Malaysia KLCI (FBM KLCI) fell below the crucial 1,500 level yesterday, mainly dragged down by plantation stocks amid external uncertainties.
Soya Oil Tumbles on Global Cues
25/02/2011 (Commodity Online) - The refined soya oil futures plunged to 4% intraday lower limit and hit 9-week low on Wednesday on strong selling pressure.
Indonesia keeps March Palm Oil, Cocoa Export Tax Unchanged
25/02/2011 (Intellasia) - Indonesia will keep its palm oil and cocoa bean export tax for March unchanged from February at 25 percent and 10 percent respectively, a trade ministry official said on Wednesday, confirming an earlier Reuters report.
Palm Oil Gains as Malaysia Predicts ‘Strong Demand’, High Prices
25/02/2011 (Bloomberg) - Palm oil rebounded from its lowest level in three months after Malaysia, the world’s second-biggest producer, predicted “strong demand†and higher prices for the vegetable oil this year.
Palm Oil Output in Malaysia to Gain in 2011, Yusof Predicts
24/02/2011 (Bloomberg) - Palm oil production in Malaysia, the second-biggest grower after Indonesia, may gain this year as an improvement in the weather after excessive rain aids yields, an industry group said, forecasting lower prices. Futures plunged.
