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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
Rupee Appreciation May Pressurize CPO Prices: Angel
29/06/2013 (MoneyControl.com) - CPO traded on mixed note yesterday and settled 0.06 percent lower. An increase in the export tax in Indonesia supported prices while an appreciation in the Rupee pressurized prices. KLCE palm oil futures declined 0.93 percent yesterday on credit concerns in China. However, strong export data and weak Ringgit capped the losses.
Palm Oil To Test Resistance, Slide
29/06/2013 (Hindu Business Line) - Malaysian palm oil futures on the BMD ended lower on Friday tracking weak global commodity markets, while markets braced for a key US agricultural report that is expected to show higher planting of competing soyabean.
African Countries Want To Emulate Malaysia\'s New Economic Model
29/06/2013 (Bernama) - After emulating Malaysia's Vision 2020 to turn the country into a developed nation by 2020, some African countries are looking at Malaysia's New Economic Model (NEM) to transform them into high-income nations.
VEGOILS-Palm Extends Losses To Hit 1-Month Low Ahead of USDA Report
28/06/2013 (Reuters) - Malaysian palm oil futures slipped to the lowest in more than a month on Thursday as investors liquidated their positions ahead of a key industry report that could show higher supplies of rival oilseed soybean.
CPO Export Levy To Rise To 10.5 Percent
28/06/2013 (Jakarta Post) - The export levy on crude palm oil (CPO) will increase in July to 10.5 percent from 9 percent.
New Britain Palm: Agreement to Supply Oil to Europe
28/06/2013 (4-traders) - Palm oil producer New Britain Palm Oil Ltd (>> New Britain Palm Oil Limited), Thursday announced an agreement with Olenex C.V.--a joint venture between Archer Daniels Midland Company or ADM and Wilmar International Ltd--to supply ADM and Wilmar with palm oil.
AfDB Approves U.S.$ 80 Million Loan to Boost Agribusiness in Africa
28/06/2013 (AllAfrica.com)- The Board of Directors of the African Development Bank (AfDB) approved on 26 June 2013 a senior loan of USD 80 million in local currencies for OLAM Africa Investment Program (OAIP) to deepen the integration of OLAM Group's agricultural value chain by investments in processing of wheat and palm oil in Africa. The program includes five sub-projects in Cameroon, Ghana, Mozambique and Senegal. Ultimately, this program will enhance the regional food supply chain and act as a catalyst to support job creation and improve sustainability of agribusiness sector, thereby enhancing food security in Africa.
BLD Unit Doubles Capacity Kirana Invests RM60mil in New Plant To Cope with Increasing Demand
28/06/2013 (The Star) - The Star BLD Plantation Bhd subsidiary Kirana Palm Oil Refinery Sdn Bhd has doubled its production capacity to 2,400 tonnes a day with the commissioning of a second plant in Bintulu.
Edible Oil Stockists Stay Away Due To Monsoon
28/06/2013 (Hindu Business Line) - Groundnut oil, soyabean and rapeseed refined oil prices dropped for the third consecutive day on the oils and oilseeds market on Thursday. The fall is in view of optimism generated over the kharif oilseeds crop.
