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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Public Bank Helps Drive One-day Trading Value to RM6B (Update)
31/05/2014 (The Star) - Bursa Malaysia saw two records being set on Friday with Public Bank surging to an all-time high of RM21.60 while one-day trading value on the stock exchange surged to RM6bil.
Indonesia`s Inflation in May Predicted at 0.1 Percent
31/05/2014 (ANTARA News) - Indonesias inflation is predicted at 0.09-0.1 percent on-month in May as against a deflation of 0.02 percent in April.
VEGOILS-Palm Oil Slides to 7-month Low on Supply Pressure
30/05/2014 (Reuters) - Malaysian palm oil dropped for a fifth consecutive session on Thursday to its lowest in seven months with rising supplies and sluggish demand putting pressure on the market.
Mizoram Hikes Oil Palm Price to Rs.5.50 per K
30/05/2014 (Mizo News) - The market price of Fresh Fruit Bunch, the fruit of oil palm, has been hiked to Rs. 5.50 per kilogram.
Sime Darby Q3 Pre-Tax Profit Rises To RM1.0 Billion
30/05/2014 (Bernama) - Sime Darby Bhd registered a pre-tax profit of RM1.0 billion in its third quarter ended March 31, 2014 compared to RM934.74 million in the same period a year earlier.
Sime Darby Cautiously Optimistic Of Hitting Profit Target
30/05/2014 (Bernama) - Sime Darby Bhd is cautiously optimistic of achieving its net profit key performance indicator of RM2.8 billion or slightly better in its financial year ending June 30, 2014.
Activities at Karachi and Qasim Ports
30/05/2014 (Business Recorder) - The Karachi Port handled 59,358 tonnes of cargo comprising 48,219 tonnes of import cargo and 11,139 tonnes of export cargo including 1,232 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 48,219 tonnes comprised of 959 tonnes of containerised cargo; 58 tonnes of general cargo; 17,006 tonnes of coal and 30,196 tonnes of oil/liquid cargo.
Asian Biofuel Motorists Drive Palm Oil Prices Higher
30/05/2014 (Wall Street Journal)- The price of palm oil is being pushed higher by Indonesian and Malaysian efforts to cut fossil fuel use, and this is feeding through to the cost of many products sold in supermarkets world-wide.
Danone Toughens Stance on Unsustainable Palm Oil
30/05/2014 (Business Green) - The food giant behind major brands such as Cow & Gate, Actimel and Volvic has stepped up its commitment to eliminating deforestation, vowing to map out its entire palm oil supply chain by the end of next year.
