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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-Palm Oil Surges to Near 2-Mth High as Output Seen Falling
24/10/2013 (Reuters) - Malaysian palm oil futures rose to their highest level in nearly two months on Wednesday, recovering from the morning session losses, as investors banked on estimates that output had started to seasonally slow in the world's second-largest grower.
Refineries Hike Palmolein Rates; Soya Oil Surges
24/10/2013 (Hindu Business Line) - A sharp jump in Malaysian palm oil futures lifted domestic soya oil futures by over two per cent on Wednesday. However, soya oil ruled steady in the spot market.
Palm Oil Jumps to Seven-Month High as Inventory Concerns Ease
24/10/2013 (Bloomberg) - Palm oil gained for a fourth day to the highest level in seven months on speculation that output in Malaysia may increase at a slower pace, capping inventories in the world’s second-largest producer.
Provident to Raise $83m From Secondary Offering
24/10/2013 (Jakarta Globe) - Provident Agro, a palm oil plantation firm controlled by Saratoga Group, plans to raise Rp 929 billion ($82.7 million) in a secondary offering in December this year in an attempt to finance a plantation acquisition.
Sumatran Tiger Habitat Loss Blamed on Plantation Firms
24/10/2013 (Jakarta Globe) - The tiger population in the rainforests of Sumatra is vanishing at a staggering rate, reducing the number of the endangered species to as few as 400, Greenpeace International has warned.
First-hand Encounters
24/10/2013 (The Star) - MPOC recently hosted French and Belgian journalists on an educational tour. The Star went along for the ride.
UPDATE - DekelOil\'s Palm Oil Plant on Course to Generate First Revenues in January
24/10/2013 (Proactive Investors Australia) - Shares in DekelOil (LON:DKL) surged 20% on Tuesday as it further advances its goal of becoming a significant producer of Crude Palm Oil (CPO) in the Ivory Coast.
No Relief in Ghee, Cooking Oil Rates
24/10/2013 (PakTribune.com) - Prices of ghee and cooking oil have not declined despite duty concessions on import of palm oil under Pakistan-Indonesia Preferential Trade Agreement (PTA), effective from September 2013.
Budget 2014: Planters Want Govt to Abolish Palm Oil Windfall Profit Tax
24/10/2013 (The Star) - The plantation industry, one of the heavily taxed sectors in Malaysia, is urging the Government to re-consider abolishing the palm oil windfall profit tax (WPT) under the proposed Budget 2014 to be tabled tomorrow.
