|
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
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.
Edible Oils Rule Steady on Rising Demand
18/07/2012 (Hindu Business Line) - Edible oil market saw mixed trend on Tuesday with a steady rise in selected oils. Rapeseed (Mustard) oil and cotton refined extended their gains by Rs 10 and Rs 14 for 10 kg on firm reports from production centres. Backed by higher demand, selling pressure eased. Soyabean refined oil rose by Rs 2 and groundnut oil by Rs 5. Sunflower and palmolein ruled steady as demand rose.
VEGOILS-Palm Oil Futures Gain on U.S.Weather Woes
17/07/2012 (Reuters) - Malaysian crude palm oil futures ended Monday higher, as demand prospects brightened after forecasts of more harsh weather in the United States threatened to tighten global oilseed supply further.
TCB To Import Malaysian Palm Oil To Cool off Commodity Market
17/07/2012 (Financial Express Bangladesh) - State-owned trading corporation will import crude and refined palm oil directly from Malaysia-part of its market intervention efforts to stymie commodity traders from profiteering.
Carrefour Launches Nation’s First RSPO Certified Cooking Oil
17/07/2012 (Jakarta Post) - Retail giant PT Carrefour Indonesia is now selling cooking oil that is the nation’s first palm-oil derivative to be certified by a global sustainable management standards organization.
Palm Oil Firm’s Violations Tests Indonesia
17/07/2012 (Tempo Interactive) - A palm oil firm received preliminary approval six years ago for a large plantation in a swampy, forested corner of Borneo island, bringing the promise of jobs and roads to impoverished villages. By the book, that would have marked the start of a lengthy licensing and environmental approvals process before clearing and planting could start.
