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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
Oil palm planters laud move
23/01/2011 (The Star Online), Kota Kinabalu - A move by Sabah to allow the entry of foreign workers, apart from Filipinos and Indonesians, has brought a sigh of relief to the state’s oil palm industry.
Malaysian palm oil rises
22/01/2011 (Business Recorder), Jakarta - Malaysian palm oil futures rose to a near two-week high on Friday, as traders cited strong export data amid concern that supplies will struggle to keep pace with robust demand. The market was on course to post its first weekly gain for the year as traders shifted their focus to bullish fundamentals after booking profits from January 5 onwards due to the stronger US dollar, some concerns of demand slowing and a technical correction.
Recipe for frustration
22/01/2011 (Bangkok Post) - Soaring palm oil prices have led some consumers to seek out substitutes such as soybean, rice bran or sunflower oil, but food vendor Cherdpong Promsamut can't make the switch. Palm oil is indispensable to his deep-fried chicken business, he says.
Talk of Palm Oil Tax Has Market Buzzing
21/01/2011 (Jakarta Globe) - Indonesia may raise its palm oil export tax to 25 percent from 20 percent starting in February after a rally in international prices, industry sources familiar with the matter said on Friday.
M&S broadens sustainable palm oil range
21/01/2011 (The Grocer) - Marks & Spencer has extended the use of sustainable palm oil in its products, marking the latest step in its Plan A initiative.
Best Management Practices To Plant oil Palm On Peat Soil On The Cards
20/01/2010 (Bernama), Sibu - Sarawak plans to come up with its own Best Management Practices for oil palm cultivation in peat soil, says Sarawak oil Palm Plantation Owner's association chairman Datuk Abdul Hamed (rpt Hamed) Sepawi
Investments in edible oil refineries boosted trade with Pakistan
19/01/2011 (Daily Times), Karachi - The investments in edible oil refineries recently had boosted palm oil trade between Malaysia and Pakistan, Malaysian Minister of Plantation Industries and Commodities, Tan Sri Bernard Dompok said.
Rangsit to become palm oil zone
20/01/2011 (Bangkok Post) - A palm oil studies and development centre will be set up to redevelop more than 150,000 rai of abandoned orange orchards in Rangsit area as a palm oil growing zone, Anusorn Saengnimnual, president of Bang Chak Petroleum, said on Thursday.
Local palm oil tanker haulage group receives ISO 9001
17/01/2011 (The Star Online), Petaling Jaya - Sidhu Brothers Group, the country's leading crude palm oil (CPO) transporter for the past 30 years, has obtained the international ISO 9001:2008 standard.
