Berita Arkib

08/03/2012 (Hindu Business Line) - Groundnut oil shot up by Rs 30 to a Rs 1,150 for 10 kg on Wednesday, tracking a bull run in Saurashtra. Imported palmolein rose by Rs 3 for 10 kg, in line with firm Malaysian futures. Cottonseed oil improved by Rs 4 and rapeseed oil by Rs 3 for 10 kg.

08/03/2012 (Bloomberg) - Palm oil may rally to 4,000 ringgit per metric ton by the end of June as global edible-oil supplies tighten, according to Dorab Mistry, director at Godrej International Ltd., who restated an earlier prediction.

08/03/2012 (Business Recorder) - Palm oil on the European vegetable oil market were offered firmer on Wednesday on expectations by key analysts on the Price Outlook conference in Kuala Lumpur this week that crude palm oil could rise to 4,000 ringgit in the first half of 2012, market sources said.

08/03/2012 (Business Recorder) - Malaysian crude palm oil futures edged up on Wednesday, as bullish price outlook from leading analysts at a key conference lifted investor sentiment and reversed earlier losses.

08/03/2012 (Hindu Business Line) - Palm oil industry will be one of the 12 core economic drivers in Malaysia under the Government Economic Transformation Program to transform the national economy into a higher come status by 2020; and palm oil as one of the national key economic areas focuses on improving the upstream and downstream sectors towards generating higher productivity and new sources of income, Mr Tan Sri Bernard Dompok, Malaysia Minister of Plantation Industries and Commodities, has said.

08/03/2012 (AllAfrica.com) - The paltry 200,000 tonnes annual production is rationed between households and industries.

08/03/2012 (AgriMoney.com) - Fake seeds are adding to setbacks for palm oil producers struggling to match demand, adding to factors such as strong Indian imports and a firm crude market, which could make 2012 a record for prices of the vegetable oil.

08/03/2012 (The Star) - Industry experts have different price forecasts for crude palm oil (CPO) this year, but they all seem to agree that 2012 will be a better year for the commodity than the past two years. Their forecast average prices range from RM3,100 to RM3,610 per tonne. In comparison, CPO was traded at an average of RM3,210 in 2011 and RM2,701 in 2010.

08/03/2012 (Sin Chew Daily) - While enjoying the good food lying before us, few would realise that it could have been prepared with recycled cooking oil, which could have been used before by roadside hawkers to fry the fritters and later sold to irresponsible businessmen for processing before ending up in the market again.

08/03/2012 (NASDAQ) - Malaysia's exports grew weaker than expected in January, data from the Department of Statistics showed Wednesday.

08/03/2012 (Reuters) - Malaysian crude palm oil futures edged up on Wednesday, as bullish price outlook from leading analysts at a key conference lifted investor sentiment and reversed earlier losses.

08/03/2012 (Business Recorder) - The Karachi Port handled 89,461 tonnes of cargo comprising1 52,563 tonnes of import cargo and 36,898 tonnes of export cargo including 2,757 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday.