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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
US-IRAN ESCALATION KEEPS OILPRICES FIRM, LIFTS PALM OIL OUTLOOK—MPOC
Rotterdam Vegetable Oil Prices
01/08/2013 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.
VEGOILS-Palm Posts Biggest Daily Rise In 7 Months On Export Hopes
31/07/2013 (Reuters) - Malaysian palm oil futures posted their biggest daily rise in almost seven months on Tuesday amid hopes exports would improve in the second half of July, although lacklustre U.S. soy markets dragged on the tropical oil.
MPONGOC Wants To Have A Say In Palm Oil Debate
31/07/2013 (Bernama) - Several non-governmental organisations (NGOs), unhappy over unproductive debate over demand for palm oil and its impact on indigenous peoples' rights, crucial wildlife habitats and environmental pollution, have teamed up to form a coalition.
Indonesia\'s Production of Palm Oil Grows 25.6% in First Half of 2013
31/07/2013 (UkrAgroConsult) - Indonesia's production of crude palm oil (CPO) in the first six months of 2013 rose 25.64 percent compared to semester I-2012 to 14.7 million tons, which is a little over half of this year's CPO production target. Despite weak global demand for the commodity (accompanied by falling CPO prices), growth was accomplished due to new seeds that became productive and because the total size of Indonesian palm oil estates continues to expand. Productive estates now stand at 9.4 million hectares from 8.7 million hectares last year.
Returning Nigeria To Palm Oil Prosperity
31/07/2013 (Nigerian Tribune) - Cross River State lost the bulk of its oil wells and subsequently huge resources to Cameroun sequel to the ceding of Bakassi to the country in 2008. It also lost 176 oil wells to the neighbouring Akwa Ibom State in 2012. But the state is no longer moaning its losses because it has already found succour in another oil as a collaboration between two companies, PZ Cussons and Wilmar International to produce PZ Wilmar Joint Venture is set to make the state the leading palm oil producer in the country.
Palm Oil Gains to One-Week High as Weak Ringgit to Boost Demand
31/07/2013 (Bloomberg) - Palm oil advanced for a second day to the highest level in a week on speculation that a slump in the ringgit to a three-year low may boost exports from Malaysia, the world’s second-biggest producer.
Neste Oil Declines as Pohjola Sees Lower Margins: Helsinki Mover
31/07/2013 (Bloomberg) - Neste Oil Oyj (NES1V), Finland’s only refiner, dropped the most in four weeks as Pohjola Bank Oyj said a slow European economy will hurt delivery volumes, with both renewable and traditional fuel margins becoming tighter.
UOB Kay Hian Research Maintains Overweight on Plantations
31/07/2013 (The Star) - UOB Kay Hian Malaysia Research is expecting another weak earnings quarter for plantation companies due to weak crude palm oil (CPO) production growth and CPO price.
Palm oil Imports Fall 17.35pc in FY2012-13, 95pc in June
31/07/2013 (Business Recorder) - Palm oil imports into the country witnessed negative growth of 17.35 percent during the fiscal year 2012-13 against the trade of corresponding period of last year.
