|
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
Crude Palm Oil Trading Range Between 562.73 And 573.13 Today
26/07/2012 (Forex Pros) - Crude palm oil trading range for the day is 562.73-573.13. Market is looking to take support at 565, a break below could see a test of 562.7 and resistance is likely to be seen at 570.2, a move above could see prices testing 573.1. In yesterday's trading session crude palm oil has touched the low of 565.7 after opening at 570.7, and finally settled at 567.2.
Ecobank Capital Raises USD228 Million to Close First Tranche of Loan Syndication on Behalf of Olam Palm Gabon
26/07/2012 (AllAfrica.com) - Ecobank Capital, the investment banking arm of Ecobank, the leading pan-African bank, announces that it has successfully raised, in FCFA and Euro equivalent, the sum of USD 228 million required to close the first tranche of a loan syndication on behalf of Olam Palm Gabon (\"OPG\").
US Drought Pushes up Global Agri Prices, India Cautious
26/07/2012 (India Express) - The drought-like condition prevailing in the United States and Australia, the world’s top grain exporters, have started to push up the price of soybean, corn, wheat and crude palm oil in the global commodities market.
MALAYSIA PRESS-Bursa Malaysia Appoints Market Makers for CPO Futures Option-The Malaysian Reserve
26/07/2012 (Reuters) - Four market makers have been appointed for Bursa Malaysia Bhd's recently-launched option on crude palm oil futures (OCPO), the first Asian exchange-traded agricultural options contract.
Trade With Indonesia Rises By 34pc
26/07/2012 (The News International) - Trade between Pakistan and Indonesia has increased by 34 percent from $787 million in 2010 to $1.142 billion in 2011, a diplomat said on Wednesday.
VEGOILS-Palm Oil Hits Five-Week Low on U.S. Rain Forecasts
25/07/2012 (Reuters) - Malaysian crude palm oil futures dropped to the lowest level in five weeks on Tuesday, extending losses from the previous day as forecasts for rain in the U.S. Midwest improved the production outlook for soybeans.
BURSA MALAYSIA: Share Prices Remain Lower At Mid-Day
25/07/2012 (Bernama) - Share prices on Bursa Malaysia ended the morning session lower as more investors took a defensive stance amid concerns over a global slowdown, dealers said.
Palm Oil Prices To Remain Bullish In Next Five Months, Says Dompok
25/07/2012 (Bernama) - Palm oil prices are to remain bullish in the next five months due to the crop-damaging weather in the United States, India's doubling of taxes on refined products and the approaching El Nino phenomenon.
Johor Has Enough Cooking Oil - Department
25/07/2012 (Bernama) - The Johor Domestic Trade, Cooperatives and Consumerism Department has guaranteed enough supply and stock of cooking oil during the fasting month of Ramadan and Aidilfitri.
