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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
Refiners Slash Palmolein Rates
19/04/2014 (Hindu Business Line) - With crude palm oil prices falling on Bursa Malaysia Derivatives Exchange, refineries in Mumbai cut price of palmolein by ₹6 for 10 kg. The domestic futures market was closed for Good Friday.
Big Firms Taking Notice of CBIP
19/04/2014 (The Star) - On the back of improving perception and acceptance towards the Modipalm continuous sterilisation mills as well as new foray, CB Industrial Product Holding Bhd (CBIP) is upbeat on the company’s prospects.
VEGOILS-Palm Snaps 4 Days of Gains on Profit-Taking
18/04/2014 (Reuters) - Malaysian palm oil futures eased for the first time in five days on Thursday as investors banked profits after prices hit a three-week high, although optimism of improving food and fuel demand kept stemmed losses.
JCorp Allocates RM800 Million Capex This Year
18/04/2014 (Bernama) - Johor Corporation (JCorp) will allocate RM800 million for capital expenditure (capex) this year as part of the strategy to further grow its core businesses.
WTK To Benefit From Diversification into Oil Palm Plantation
18/04/2014 (Borneo Post) - WTK Holdings Bhd (WTK) is poised to benefit from its strategy to diversify its timber business into oil palm plantation to enhance future earnings.
Rotterdam Vegetable Oil Prices
18/04/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT. (Markets will be closed for Easter from Friday, April 18, and will reopen on Tuesday, April 22).
FGV Strengthens Footprint In Turkey
18/04/2014 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) strengthened its Turkish connections through two significant deals, marking the maiden entry of its high-grade graphene and carbon nanotubes (CNT) into the world market, while forging ties to supply its crude palm kernel oil (CPKO).
Activities At Karachi and Qasim Ports
18/04/2014 (Business Recorder) - The Karachi Port handled 133,476 tonnes of cargo comprising 93,543 tonnes of import cargo and 39,933 tonnes of export cargo during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 93,543 tonnes comprised of 57,005 tonnes of containerised cargo; 21 tonnes of general cargo; 24,517 tonnes of bulk cargo: 19,025 tonnes of coal; 5,492 tonnes of soyabean meal and 12,000 tonnes of oil/liquid cargo.
Malaysia-Turkey Successfully Sign Free Trade Agreement
18/04/2014 (Bernama) - Malaysia and Turkey today successfully signed a bilateral Free Trade Agreement (FTA) in Ankara, Turkey, that would serve as the catalyst to boost bilateral trade to US$5.0 billion in 2018.
