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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
Development Corridor Drawing in Investors
27/07/2012 (New Straits Times) - In just over four years since its launch, the Sabah Development Corridor (SDC) has already generated more than RM112.8 billion worth of planned and confirmed investments.
Grains, Oilseeds, Soft Commodities
27/07/2012 (Bloomberg) - Palm oil declined on speculation that rain in the U.S. Midwest may help soybean crops that have been hit by the worst drought in more than 50 years, reducing concern that global oilseed supplies will drop.
Activity at Karachi And Qasim Ports
27/07/2012 (Business Recorder) - The Karachi Port handled 80,614 tonnes of cargo comprising 35,631 tonnes of import cargo and 44,614 tonnes of export cargo including 3,694 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 35,631 tonnes comprised of 21,617 tonnes of containerised cargo; 83 tonnes of general cargo; 13,931 tonnes of bulk cargo: 2,760 tonnes of DAP; 5,000 tonnes of coal and 6,171 tonnes of rock phosphate.
Maybank IB Sees Boost For CPO Prices
26/07/2012 (Bernama) - Soyaoil's premium to crude palm oil (CPO) has widened and this should encouraged substitution from soyaoil to palm oil, said Maybank Investment Bank (Maybank IB).
Plantation Growth For Sarawak Oil Palms Remains Bullish, Says Maybank IB
26/07/2012 (Bernama) - The plantation growth for the Sarawak Oil Palms (SOP) will remain bullish, buoyed by its consistent planting and young oil palm trees aged an average of eight years, Maybank Investment Bank (IB) Research said today.
VEGOILS-Palm Oil Rebounds From 5-Wk Low; Europe Woes Caps Gains
26/07/2012 (Reuters) - Malaysian crude palm oil rebounded on Wednesday on bargain hunting after prices hit a five-week low earlier in the session, although gains were modest as investors remained worried that the euro zone debt crisis could hurt demand.
Mr. Titanic Mistry Predicts Sinking Palm-Oil Prices: Commodities
26/07/2012 (Bloomberg) - Dorab Mistry compared the palm-oil market in 1998 to the Titanic and correctly predicted a slump from then-record prices the next year. He’s now forecasting another retreat as weakening demand outweighs a decline in Malaysian production.
Palm Oil Gains on Speculation Drought to Harm Oilseed Supply
26/07/2012 (Bloomberg) - Palm oil gained on renewed concern that the worst U.S. drought in more than 50 years will hurt the production of soybeans, reducing global oilseed supplies and increasing demand for the tropical commodity.
Malaysia’s Palm Oil Export Down 14%, Survey Shows
26/07/2012 (The Star) - The country\'s palm oil exports fell 14% between July 1 and 25 compared with the same period in June, according to independent market surveyor Intertek.
