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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
China Said to Tell Edible-Oil Suppliers to Keep Price Stable
27/07/2012 (Bloomberg) - Government officials in China, the largest user of cooking oils, told suppliers to keep wholesale prices for packaged products stable to avoid stoking inflation, according to two people familiar with this week’s talks.
Sime Darby, KLK Weigh on KLCI, Weaker CPO Prices Worry
27/07/2012 (The Star) - Plantation-based Sime Darby and KL Kepong dragged the FBM KLCI into the red at midday on Thursday on worries about expected decline in crude palm oil (CPO) prices.
Oil Palm Smallholders: Rural Folk Need Roads to Progress
27/07/2012 (Borneo Post) - Road is the best gift to the rural folk because it opens areas that were once inaccessible and get them to start tilling their idle land for a possible big business venture.
India Oilseeds, Soyoil Fall as Key Areas Get Rains
27/07/2012 (Reuters) - Indian oilseeds and soyoil futures fell on Thursday, tracking a drop in the world market and as rainfall in the top soybean producing Madhya Pradesh state in the past two days allayed concerns over poor yields.
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.
