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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Tariff reduced on palm oil import from Malaysia
14/06/2008 (The News - International, Pakistan), Kuala Lumpur - Under Closer Economic Partnership Agreement (MPCEPA) signed between Pakistan and Malaysia in November 2007, Pakistan has reduced the tariff on seven palm products by 10 per cent Margin of Preference (MoP).
Pakistans demand for Malaysian palm oil expected to rise
14/06/2008 (Sindh Today.net), KUala Lumpur - Pakistans demand for Malaysian palm oil is expected to increase further this year due to its lower import duty compared to that from Indonesia.
Orang-utan plea fails to move panel on palm oil
15/06/2008 (The Age) - A WILDLIFE campaigners' bid to force food manufacturers to list palm oil on product labels has been rejected by federal authorities.
Asiatic to develop palm plantation in Indonesia
12/06/2008 (The Edge Daily), Kuala Lumpur - Asiatic Development Bhd’s wholly-owned subsidiary Mediglove Sdn Bhd has proposed joint ventures to acquire and develop 45,000ha of oil palm plantation at Kabupaten Kapuas in Kalimantan Tengah, Indonesia.
Cheap oil sales find few takers
11/06/2008 (The Financia Express), New Delhi - The government plan to distribute cheap imported edible oil to poorer sections through public distribution system (PDS) for offsetting the impact of spike in domestic prices could fall flat as most states have shown little interest in lifting oil from purchasing agencies.
Private plantation company to import oil palm seedlings from Costa Rica
11/06/2008 (ANTARA News), Muara Teweh - PT Antang Ganda Utama (AGU), a major private plantation company, in Teweh Tengah subdistrict, North Barito District, Central Kalimantan, planned to import 1,150,000 seedlings of oil palm trees from Costa Rice, a Central American country.
Indonesia May End Cooking Oil, Soybean Subsidies
10/06/2008 (Flex News), Jakarta - Indonesia may scrap subsidies on local palm-based cooking oil and soybeans next year because global prices have eased and it has launched a scheme of cash handouts for the poor, the trade minister said on Tuesday.
Malaysia\'s Vitaoils plans JV; to invest $50 mn
10/06/2008 (Business Standard) - Malaysian edible oil major MM Vitaoils is scouting for a local partner here to enter Rs 20,000 crore palm oil market in India, where it plans to invest $50 million and to acquire a refinery.
Cheaper edible oils through ration shops soon in three states
10/06/2008 (Zee News), New Delhi - The Centre may start supplying edible oils through ration shops in at least three states -- Himachal Pradesh, Chhattisgarh and Tamil Nadu -- from this month, as part of its measures to give relief to the common man from rising prices.
