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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
Edible Oil Outlook: Short-term Spikes May Not Sustain
11/11/2013 (Business Standard) - A record acreage in Maharashtra and Madhya Pradesh had led to a build-up in expectations of a higher soybean crop after the sowing process. However, due to very heavy rains during the pod filling stage in Madhya Pradesh and some parts of Vidarbha (Maharashtra), a larger than expected damage was caused to the soybean crop. On account of this, we have seen a sharp drop in production, as well as quality issues in the new crop of soybean. Crushers from Madhya Pradesh are these days seeking Maharashtra’s crop due to quality issues.
Maharashtra Wants Centre to Lift Ban on Palm Oil Sale Through Fair Price Shops
11/11/2013 (Daily News & Analysis) - The state government wants the Centre to review its decision to ban the sale of palm oil through the public distribution system.
VEGOILS-Palm Edges Down To Near 2-Wk Low AheaVEGOILS-Palm Edges Down To Near 2-Wk Low Ahead of Industry Reportd of Industry Report
09/11/2013 (Reuters) - Malaysian palm oil futures slipped to a near two-week low on Friday as a bout of technical selling pressured prices, but the market was rangebound ahead of a key industry report on production and stocks in the world's No.2 producer.
Sawit Sarana to Raise Rp 1.45t From IPO Next Month
09/11/2013 (Jakarta Globe) - Sawit Sumbermas Sarana, a unit of plantation company Citra Borneo Indah, expects to raise up to Rp 1.45 trillion ($127 million) through a December initial public offering.
Malaysia's KL Kepong Acquires Liberian Palm Oil Operations
09/11/2013 (Reuters) - Malaysia's third-largest listed plantation company, Kuala Lumpur Kepong Bhd, said it had agreed to a $21.3 million cash acquisition to gain a foothold in the palm oil sector in Liberia.
Palm Posts Worst Weekly Loss Since March Before Malaysian Data
09/11/2013 (Bloomberg) - Palm oil posted the biggest weekly drop in more than eight months before a report from Malaysia expected to show that stockpiles gained even as production declined last month.
UPDATE 8-US FDA Seeks To Ban Trans Fats in Processed Foods Due To Health Risks
09/11/2013 (Reuters) - The U.S. Food and Drug Administration on Thursday proposed banning artificial trans fats in processed food ranging from cookies to frozen pizza, citing the risk of heart disease.
HSBC Accused of Financing Borneo Rainforest Destruction
09/11/2013 (Responding to Climate Change) - HSBC is financing the destruction of forests crucial to the survival of endangered species and the fight against climate change, says new research.
Mewah Int'l To Acquire 30 MMgy Biodiesel Plant in Malaysia
09/11/2013 (Biodiesel Magazine) - Malaysian palm oil refiner Mewah International Inc. announced it has agreed to purchase biodiesel assets from Gomedic Sdn. Bhd for $13 million. The assets include 25,055 square meters of land, with a lease expiring in 2109, and a 30 MMgy biodiesel production facility.
