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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Vegoils: Market Factors to Watch Dec 2 Tuesday
02/12/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.
Rotterdam Vegetable Oil Prices
02/12/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.
Manpower, Trade key Issues in Malaysia Visit
02/12/2014 (Bangladesh News 24 hours) - Bangladesh will stress manpower export and trade gap reduction during Prime Minister Sheikh Hasina’s official visit to Malaysia, beginning Tuesday.
'Trade Facilitates Sustainability': The Trouble with the Local Food Movement
02/12/2014 (The Guardian) - Today, Cargill Meats Thailand imports soymeal from Brazil and Argentina to feed chickens, which are raised, slaughtered, processed, cooked and frozen into a wide range of products, most destined for restaurants and supermarkets in Japan, Europe, Canada and Hong Kong. Chicken parts that don’t appeal to western appetites — feet, heads and the like — are consumed locally or exported to nearby Asian markets.
Sime Darby Sells 55% Stake in China Unit for RM45M
02/12/2014 (The Star) - Sime Darby Bhd is selling a 55% stake in its China-based unit Rizhao Sime Darby Oils & Fats Co. Ltd (RSDOF), for RM45.2mil to Shandong Wanbao Agricultural Co., Ltd.
Palm Oil to Test Resistance, Slide
02/12/2014 (Hindu Business Line) - Crude palm oil futures on the Bursa Malaysia Derivatives plunged on Monday as crude oil hit five-year lows and export data showed weakening global demand for palm oil. Cargo surveyor Societe Generale de Surveillance reported that exports fell 10.5 per cent from a month ago due to weaker demand. CPO active month February futures are lower in line with our expectations. As mentioned in the previous update, a fall below MYR 2,185/tonne could see prices testing next important support near 2,135-40 levels immediately followed by 2,100. And a close below MYR 2,175/tonne could be a trigger for a fall that could see prices heading towards 2,100 levels or even lower to 2,050. The present fall could accelerate further if prices fail to hold supports near the important MYR 2,030-40. Such a decline could see prices testing recent lows at 1,900 levels. Chances exist even for a further decline towards MYR 1,850 levels in the coming weeks. Stiff resistance will be seen at MYR 2,175-85/tonne levels now.
Crude Palm Oil Weekly Report – November 29, 2014
01/12/2014 (Borneo Post) - Malaysian palm oil futures fell on Friday to, 2,170 due to weakening crude oil prices.
PM to Leave for Kuala Lumpur Tuesday
01/12/2014 (Bangladesh News 24 hours) - Prime Minister Sheikh Hasina will embark on an official visit to Malaysia on Tuesday to take relations with the major Bangladeshi labour export destination to a new high.
Rajawali Sets Aside $106m Capex for Palm Oil Biz
01/12/2014 (Jakarta Globe) - Palm oil firm BW Plantation plans to nearly double its capital expenditure next year to Rp 1.3 trillion ($106 million) after conglomerate Rajawali Group took control of Green Eagle Holdings earlier this month.
