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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
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.
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.
