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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
Malaysia palm oil output set for steep drop after Sabah floods
Activity At Karachi and Qasim Ports
03/06/2013 (Business Recorder) - he report of Saturday's activities of Karachi Port Trust (KPT) was not received.
RPT-VEGOILS-Palm Ends Higher on Output, Weak Exports Curb Gains
01/06/2013 (Reuters) - Malaysian palm oil futures rose on Friday as traders bet on slowing production, notching a fourth straight weekly gain, although lacklustre exports weighed.
An African Setback for the Palm Oil Industry
01/06/2013 (Bloomberg) - Africa is the next frontier for the world’s producers of palm oil, a food ingredient that environmentalists blame for destruction of rain forests in Southeast Asia. Indonesia is the world’s biggest producer of palm oil but the government there is trying to reduce deforestation by banning development of new plantations on primary rain forest. With the world’s appetite for palm oil increasing, plantation developers are targeting territory in sub-Saharan Africa.
Malaysia\'s Wah Soeng Plans $744 Mln Palm Oil Project in Congo
01/06/2013 (Reuters) - Malaysian diversified group Wah Soeng Berhad plans to invest $744 million to develop a palm oil agro-industrial complex including a 180,000-hectare palm plantation in the Republic of Congo, the country's agriculture minister said.
Sime Darby Says Quarterly Profit Drops 21% on Lower Palm Prices
01/06/2013 (Bloomberg) - Sime Darby Bhd. (SIME), the world’s biggest listed palm oil producer, reported a 21 percent drop in third-quarter profit as prices of the commodity declined.
Provident Raises Output Despite Price Uncertainty
01/06/2013 (Jakarta Post) - Plantation firm PT Provident Agro (PALM) plans to increase its crude palm oil (CPO) production this year despite uncertainty in the world’s CPO prices.
Feronia Provides 2013 Outlook
01/06/2013 (Stockhouse) - Feronia late Thursday announced that the commissioning of the new palm oil mill at Yaligimba in the Democratic Republic of Congo in 2013 is expected to provide it with immediate access to an additional 3,757 hectares of mature oil palms for the production of crude palm oil, an increase of 62.1% from the area currently accessible.
TH Plantations Q1 Earnings Down 75% to RM3.2M
01/06/2013 (The Star) - TH Plantations Bhd's net profit fell 75% to RM3.2mil in the first quarter ended March 31, 2013 from RM13mil a year ago due to the effects of its land acquisitions in 2012 and higher estate production cost.
Indofood Eyes Emerging Markets to Boost Growth
01/06/2013 (Jakarta Post) - Instant noodle producer PT Indofood Sukses Makmur (INDF) aims to grow by at least 10 percent this year and is looking at emerging markets to boost growth.