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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Alliance Research Maintains Trading Buy Call On Genting Plantation
29/08/2012 (Bernama) - Alliance Research has maintained its \"trading buy\" call on Genting Plantation Bhd (GENP) and expects the group\'s second half results to be more promising.
Alliance Maintains Buy Call On IJM Plantation
29/08/2012 (Bernama) - Alliance Research has maintained \"buy\" call on IJM Plantation and continues to be long-term positive on the company, given the group\'s oil palm trees\' maturities in Indonesia.
VEGOILS-Palm Oil Climbs To 6-Week Peak on Edible Oil Supply Woes
28/08/2012 (Reuters) - Malaysian crude palm oil futures rose to a 6-week high on Monday, as traders continued to bet on tight global edible oil supplies with no sign of the drought easing in the soy-producing U.S. Midwest.
Tocotrienol/Palm Oil Symposium Set For Utah
28/08/2012 (NutraIngredients-usa.com) - Science and sustainability will take center stage at theinaugural ‘Palm Oil and Tocotrienol Symposium’, to be held in Salt Lake City, Utah, on September 11th, 2012.
Bullish Global Cues Heat Up Edible Oils
28/08/2012 (Hindu Business Line) - Edible oils prices witnessed steady rise tracking extended gain in Malaysian palm oil futures on Monday but improve resale selling pressure in domestic market on lack of demand kept moral weak at end the end of the day. There were no buyers even resellers were offering Rs.10 lower for Palmolein. Volume remains subdued and isolated. Monsoon rain progress in main producing states weighed on indigenous edible oils. Futures markets cooled down after initial gain.
Felda Global in Talks To Buy Land in Myanmar
28/08/2012 (Business Times) - Felda Global Ventures Holdings Bhd (FGV), among the world's top three plantation companies by hectarage, is in talks to buy an initial 30,000ha of land in Myanmar to grow sugarcane, for a start.
Sabah Refiners To Create Oligopolistic Situation In Refinery Space
28/08/2012 (Bernama) - OSK Research is expecting Sabah-based refiners to team-up to create an oligopolistic situation in the refinery space to lower the domestic price of crude palm oil (CPO).
Activity At Karachi And Qasim Ports
28/08/2012 (Business Recorder) - The Karachi Port handled 64,160 tonnes of cargo comprising 43,077 tonnes of import cargo and 21,083 tonnes of export cargo including 3,253 loaded & empty containers during last 24 hours ended at 0700 hours on Monday. The total import cargo of 43,077 tonnes comprised of 30,763 tonnes of containerised cargo; 4,324 tonnes of general cargo; 1,201 tonnes of DAP and 6,789 tonnes of oil/liquid cargo.
United Plantations Bhd’s Net Profit For The Second Quarter Ended June 30 Declined By 42% To RM77.1Mil From A Year Ago.
28/08/2012 (The Star) - Its revenue was was also down to RM232mil from RM390.6mil in corresponding period last year.