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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
PREVIEW-Malaysian Palm Oil Stocks Seen at 6-mth High in Sept
08/10/2013 (Reuters) - Malaysian palm oil stocks may have jumped to their highest in six months in September as strong seasonal output outweighed robust export demand, a Reuters survey showed, pressuring prices that have already lost about 5 percent this year.
Ministry Expects Commodity Development Programmes to Receive Support in Budget 2014
08/10/2013 (Bernama) - The Ministry of Plantation Industries and Commodities expects the Budget 2014 to continue supporting programmes on commodity development, especially, Research and Development (R&D).
It’s A Great Time to Buy This Controversial Commodity
08/10/2013 (MoneyWeek) - You don’t have to go far in Malaysia to find palm trees. More than ten percent of the country is covered with them, all planted in neat green rows. They’re a vital part of the economy, because every year the country churns out millions of tonnes of palm oil, a key ingredient in all sorts of consumer products including chocolate bars, soap and lipstick.
New Britain, Sipef See Doubling in Palm Oil Yields
08/10/2013 (AgriMoney.com) - New Britain Palm Oil and Sipef revealed research which they believe could "at least double" palm oil yields even amid ideas that the world has enough of the vegetable oil, for now, limiting prospects for a rebound in prices.
US Firm to Invest in Renewable Energy in POIC LD
08/10/2013 (Daily Express) - The global pursuit of renewable energy feedstock has arrived in Sabah.
NextFuels Narrowing Search for Site to Produce Biofuels From Palm Plantation
08/10/2013 (Marketwired) - NextFuels, a pioneer in transforming agricultural residue into biofuels, is actively narrowing the search for a site for its initial pilot plant to Southeast Asia. The pilot plant will demonstrate how NextFuels can economically produce transportation and industrial fuels from wet, unprocessed agricultural waste from palm oil plantations.
IOI’s Acquisition of Unico-Desa is Credit Negative: Moody\'s
08/10/2013 (The Star) - Moody’s Investors Service says IOI Corp Bhd’s announced acquisition of 39.55% of Unico-Desa Plantation Bhd through its unit, IOI Plantation Sdn Bhd, and the mandatory takeover offer it will make for the remaining shares, is a credit negative.
UGB to Use IPO Proceeds To Expand Indonesian Valve Business
08/10/2013 (The Star) - Unimech Group Bhd (UGB) will use the targeted proceeds of RM13.7mil to RM23mil from the listing of its subsidiary, PT Arita Prima Indonesia TBK (API), to expand its valve business for the palm oil industry in Indonesia over the next two years.
Crude Palm Oil Weekly Report 6 October 2013
07/10/2013 (Borneo Post) - Crude Palm Oil Futures (FCPO) ended higher on Friday as it was lifted overnight by US soy-oil market.