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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
SOGEX, PALMEX 2012 In Bintulu Draw US$60 Million In Potential Businesses
18/07/2012 (Bernama) - Borneo's largest trade exhibitions, Palm Oil Technology Sarawak (PALMEX) and Sarawak Oil and Gas Expo (SOGEX) 2012 in Bintulu, which concluded recently, have surpassed the target with US$60 million worth of business transactions to be clinched soon.
Parliament: Government Proposes Extending B5 Fuel Usage Programme Nationwide
18/07/2012 (Bernama) - The government proposes to extend the implementation of the B5 Fuel Usage Programme in stages nationwide, including for unsubsidised sectors latest by 2014, said Deputy Plantation Industries and Commodities Minister Datuk Hamzah Zainuddin.
VEGOILS-Palm Oil Ends Lower, U.S. Dry Weather in Focus
18/07/2012 (Reuters) - Malaysian crude palm oil futures ended lower on Tuesday as traders booked profits from the previous day's rally, and the market could resume its advance as persistent hot and dry weather in the United States reduced global oilseeds supply.
Musim Mas Expects More Demand For Certified Palm Oil
18/07/2012 (Jakarta Post) - Palm oil producer Musim Mas Group expects that there will be more demand for certified sustainable palm oil (CSPO), as the company is ready to provide the market with sustainable palm oil and its derivative products.
Er Kok Leong Helped Uncover Potential of Palm Oil
18/07/2012 (The Star) - Back in the days when the use of palm oil was not as pervasive as it is today, Datuk Er Kok Leong was preoccupied with uncovering the potential of the oil.
True-blue Planter
18/07/2012 (The Star) - KLK boss Tan Sri Lee Oi Hian is hailed as a true-blue planter by many of his peers in the palm oil industry.
Crude Palm Oil Trading Patterns And Ideas
18/07/2012 (Forex Pros) - Crude palm oil trading range for the day is 566-577.6. Market is looking to take support at 568.5, a break below could see a test of 566 and resistance is likely to be seen at 574.3, a move above could see prices testing 577.6. In yesterday\'s trading session crude palm oil has touched the low of 569.3 after opening at 569.7, and finally settled at 571.
Indonesia Eyes $2.5 Billion Investment to Double Palm Oil Refining Sector
18/07/2012 (MENAFN - Qatar News Agency) - Major raw palm oil producer Indonesia is eyeing investments upwards of $2.5 Billion to augment its refining industry that will double its capacity and boost supply in Asian markets and widen its lead over world's number two producer Malaysia.
Fitters To Expand Green Solutions Division
18/07/2012 (The Star) - Fitters Diversified Bhd aims to grow its green solutions division into a core business, with a target revenue contribution of 50% by 2014.
