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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Palm Oil Lobby Seeks Relief With Lower Tax Rate
14/08/2012 (Jakarta Post) - The Palm Oil Refiners Association of Malaysia and Malaysian Estate Owners’ Association — representing both upstream and downstream stakeholders — suggest that the government should lower the current 23 percent crude palm oil tax to 8 percent instead of increasing the duty-free CPO export quota.
2MW Biogas From Palm Oil Waste Project in Malaysia
14/08/2012 (Waste Management World) - Renewable energy developer, Camco International (AIM: CAO) is to build its first waste to biogas facility in Malaysia that will waste from the palm oil industry.
Imported Oils Rise as Refiners Quote Higher
14/08/2012 (Hindu Business Line) - Imported palmolein and soya oil increased marginally by Re 1 and Rs 5 for 10 kg on Monday on higher rates quoted by local refiners despite weak foreign markets. Indigenous groundnut, cottonseed and sunflower oils ruled steady. Rapeseed oil declined by Rs 5 for 10 kg. In absence of new demand, volumes remained thin. Malaysian crude palm oil futures ended lowest since June 15 on sluggish palm oil exports while Chicago soya oil projection was weak despite bullish US Department of Agriculture data for soyabean and soya oil.
Bumitama Agri\'s Q2 Net Profit Up 8.3% On-Year
14/08/2012 (Channel News Asia) - Palm oil plantations operator Bumitama Agri posted an 8.3 per cent on-year rise in net profit to S$25.2 million for the second quarter ended June 30, 2012.
CPO Stocks-To-Usage Ratio Jumps as Exports Tumble 15 Per Cent in July
14/08/2012 (Borneo Post) - Crude palm oil (CPO) exports tumbled 15 per cent month-on-month (m-o-m) in July 2012 to 1.3 million metric tonnes (MT) as demand growth lowered in key CPO consumer countries except Europe.
Oilseeds Production on The Rise
14/08/2012 (DAWN.com) - Production of oilseeds is on the rise thanks to a record cotton crop last year and increased output of sunflower in last two years on the back of enhanced support prices announced in 2010.
Is It Possible To Live Without Palm Oil?
14/08/2012 (The Star) - The attacks on palm oil have taken many forms over the years. The latest anti-palm oil challenge is from an industrious French Ph.D student in geochemistry Andrien Gontier who decided to try living “palm-oil-free†for a year.
Palm Oil Exports To Recover 22 Per Cent This Month, Says HwangDBS
14/08/2012 (Bernama) - HwangDBS Research expects palm oil exports this month to recover 22 per cent month-on-month to 1.664 million tonnes to replenish the stock ahead of the Hari Raya Aidilfitri festive season.
Camco Sea To Build US$4 Million Biogas Plant In Pahang
14/08/2012 (Bernama) - Camco Southeast Asia (Camco SEA), a joint venture company between Khazanah Nasional Bhd and Camco International Ltd, will establish a US$4 million biogas clean energy project in Pahang.
