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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 Milling Machine for Vangunu to Be Sent Soon .
24/07/2012 (Solomon Star) - The palm oil mini-milling machine for Vangunu palm oil plantation, Marovo, Western province will be sent down to the Island in September.
Seminar for Palm Oil Owners Planned .
24/07/2012 (Solomon Star) - An informative and comprehensive seminar for palm oil leaders and landowners in the country will be conducted in Honiara soon says the Minister of agriculture and livestock Connelly Sandakabatu.
No Major Impact to Local Refiners From India’s Revised Import Tax
24/07/2012 (Borneo Post) - The unfreezing of India’s base import price of refined palm olein is not expected to cause significant impact to Malaysian refiners as they have already established other downstream markets for their refined crude palm oil (CPO) exports.
Crude Palm Oil Outlook Remains Bullish With Heavy Buying Interest
24/07/2012 (Forex Pros) - Crude palm oil trading range for the day is 565.9-588.3. Market is looking to take support at 573, a break below could see a test of 565.9 and resistance is likely to be seen at 584.2, a move above could see prices testing 588.3. In Saturday's trading session crude palm oil has touched the low of 570 after opening at 571.9, and finally settled at 580.1.
Trade Barriers and Small-Scale Farmers .
24/07/2012 (BusinessDay) - The free trade flows that have powered robust global economic growth since the end of World War II are increasingly coming under threat. If left unchecked, a wave of trade-distorting regulation will harm people in the developing world, particularly small farmers in poor countries.
Sogavare Happy With MAL Initiative
24/07/2012 (Solomon Star) - Member of parliament (MP) for East Choiseul is pleased with the government’s plan to ensure the palm oil project in north Choiseul gets underway soon.
‘Provide Long-Term Finance’
24/07/2012 (Zambia Daily Mail) - Government has called on commercial banks to provide long-term finance to assist the growth of long-term projects in the country.
Finnish Government Grants Indonesian Consortium to Develop Green Energy Generation Facilities
24/07/2012 (Teatro Naturale) - The Finnish government through its Energy and Environment Partnership Program has awarded 180,000 Euros to an Indonesian consortium to develop a plan to create energy generation facilities that utilize waste products from small holder oil palm farmers in Riau, Indonesia. The goal of the project is to create viable energy solutions in the province and increase livelihoods for local small holder farmers.
REFILE-INTERVIEW-India\'s 2012/13 Edible Oil Imports Seen Up 10 Pct
24/07/2012 (Reuters) - India's edible oil imports in the year from November 2012 may rise by as much as 10 percent if poor monsoon rainfall cuts planting and hurts yields of oilseeds such as soybean and groundnut, the country's leading edible oil importer said.
