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CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm oil consumption forecast to increase
India to protect farmers in goods agreement with ASEAN: PM
04/08/2009 (Xinhua), New Delhi - Indian Prime Minister Manmohan Singh has ensured that the India-ASEAN Trade in Goods Agreement would protect the interests of Indian farmers by yielding no tariff concession to ASEAN countries, said a senior Indian government official on Monday.
Dompok Calls On Turkey To Grab Opportunities In Palm Oil
03/08/2009 (Bernama), Istanbul - Malaysia is hopeful of an increase in its palm oil exports to Turkey and the surrounding countries with the opening of the Malaysian Palm Oil Council (MPOC) regional office in the Turkish capital, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.
UAE No Longer Hub For Malaysian Palm Oil: Traders
03/08/2009 (Khaleej Times), Dubai — High costs to re-export the commodity have moved traders to rethink a strategy to develop the UAE into a trading hub for Malaysian palm oil. The UAE’s palm oil imports from Malaysia fell nearly 50 per cent between January to June due to rising shipping costs to re-export the commodity from the Gulf Arab state, traders? said on Sunday.
Greenpeace calls on President Yudhoyono to help stop forest fires
02/08/2009 (The Jakarta Post) - Greenpeace called on President Susilo Bambang Yudhoyono to take immediate action to tackle the latest spate of forest fires that has hit Sumatra’s Riau Province as well as West and Central Kalimantan and parts of Sulawesi.
July palm oil exports up 14%
31/07/2009 (The Star Online), Petaling Jaya - Malaysia’s July palm oil exports advanced 14% compared to June on higher demand especially from China where economic growth is supporting consumption.
Yellow peas is the new palm oil
02/08/2009 (The Economic Times) - Why is the rest of India is not moaning like you and me about dal at Rs 100/kg? It’s because people are smart. They have switched to yellow peas, the hot new source of protein with great taste and at a fifth of arhar’s price.
Dompok Pushing For Higher Productivity, Returns In Plantations
30/07/2009 (Bernama), Kuala Lumpur - Maximising productivity from Malaysia's plantation industries -- that is the top priority of the Plantation Industries and Commodities Ministry in an all-out effort to further strengthen the role of commodities in building the country's economy.
Palm oil producer Wilmar launches plantation in Uganda
29/07/2009 (Mongabay.com) - Wilmar, one of the world's largest palm oil traders, is investing $10 million to establish an oil palm plantation in Kalangala, Uganda over the next three years, reports Bernama, Malaysia's state new agency. The investment is the first in Uganda by a Malaysian oil palm developer.
India May ‘Reverse’ Rate Cuts as Food, Energy Stoke Inflation
29/07/2009 (Bloomberg) - India’s central bank may start reversing its interest-rate cuts in early 2010 as food and energy prices fan inflation, after it kept borrowing costs unchanged yesterday to bolster economic growth.
