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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
Farming Business Sungai Budi Maps Out Rp 1.2 Trillion Capex Blueprint
21/06/2012 (Jakarta Globe) - Agricultural conglomerate Sungai Budi Group has set aside Rp 1.2 trillion ($128 million) this year for capital expenditure, a company executive has said.
RSPO Foresees Global CSPO Production Touching Seven Million Metric Tonnes
21/06/2012 (Bernama) - The Roundtable on Sustainable Palm Oil (RSPO), an international multi-stakeholder organisation, foresees the global annual production for Certified Sustainable Palm Oil (CSPO) to reach over seven million metric tonnes by year-end.
MPOC: We Can’t Follow Indonesia
21/06/2012 (The Star) - Malaysia is currently mapping out plans to make its palm oil sector more competitive but it would not mirror that of Indonesia's strategies, which in reality, will result in huge losses for producers.
Rotterdam Vegetable Oil Prices
21/06/2012 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.
VEGOILS-Palm Edges up on U.S. Dry Weather Outlook
20/06/2012 (Reuters) - Malaysian palm oil futures closed higher on Tuesday on expectations of increased demand due to concerns that dry U.S. weather could damage the soybean crop, tightening global edible oil supply.
Quick View: Malaysia Derivatives Shine
20/06/2012 (Financial Times) - As traders scour Asia for the next big trading opportunity, the sexy asset class is not equities, nor necessarily FX, but exchange-traded derivatives.
Felda, Louis Dreyfus Still in Talks Week Before IPO
20/06/2012 (Reuters) - Malaysia's Felda Global Ventures Holdings (FGVH.KL), the world's third-largest palm oil company by acreage, said on Tuesday it was still negotiating a strategic partnership with Louis Dreyfus before making a $3.1 billion initial public offering next week.
Premium Prices For Certified CPO Can Reach $50 Per Ton
20/06/2012 (Jakarta Post) - Palm oil producers can derive a wide array of direct economic benefits, including premium prices, improved market access and favorable consideration for loans, upon obtaining sustainable certification, a recent study shows.
Thai Gov’t to Extend Export Tariff on Crude Palm Oil
20/06/2012 (LoanSafe) - Thailand’s Foreign Trade Department is planning to extend the temporary duty on exports of crude palm oil to ensure an adequate supply and stable price in the domestic market.
