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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
Indonesia\'s SMART Says Palm Output to Grow 8 Pct a Yr
14/06/2012 (Reuters) - Indonesian palm oil firm SMART will grow its output of the edible oil by 8 percent a year for the next five years, as its plantations mature to produce greater yields, an executive told Reuters on Wednesday.
Ghee, Cooking Oil Prices Down By Rs 4/ KG
14/06/2012 (News Pakistan) - following the plummeting prices of palm oil in international market, the Utility Stores Corporation (USC) has decided to cut down the prices of ghee and cooking oil by Rs 4 per kilogram.
Cameroon: Investors Seek to Boost Biofuel Production
14/06/2012 (AllAfrica.com) - Biofuel production initiatives are gaining ground in Cameroon as the government seeks to reduce the Central African country\'s energy deficit while fighting climate change.
Imported Oils Up Despite Negative Global Cues
14/05/2012 (Hindu Business Line) - Imported palmolein and soya oil increased by Re 1 and Rs 3 each for 10 kg on Wednesday, despite lower Malaysian palm oil futures closing. Rapeseed oil rose by Rs 3; . Groundnut oil lost Rs 10and cottonseed oil declined by Rs 2 . Sunflower oil ruled unchanged. About 4,500-5,000 tonnes of palmolein were traded on Monday and Tuesday. Bearish foreign markets and reports of continuous rain in main oilseed producing areas of Saurashtra have kept stockists away from the market.
Felda Said to Raise $3.3 Billion in Malaysian Share Sale
14/05/2012 (Bloomberg) - Felda Global Ventures Holdings Bhd. raised about 10.4 billion ringgit ($3.3 billion) in this year’s second-biggest initial public offering after Facebook Inc. (FB), said three people with knowledge of the matter.
VEGOILS-Palm Oil Edges Down as Europe Concerns Weigh
13/06/2012 (Reuters) - Malaysian palm oil futures closed lower on Tuesday, as renewed fears over the euro zone debt crisis weighed on investor sentiment and the broader financial markets, although losses were limited by lower palm oil stocks.
Palm Oil Output Seen Reaching Record as Crop Area Expands
13/06/2012 (Bloomberg) - Global palm oil production may rise to a record in the next season as Indonesia and Malaysia, the world’s biggest producers, expand crop area, Oil World said.
Astra Agro’s CPO Production Rises 6 Percent
13/06/2012 (Jakarta Post) - Publicly listed plantation company PT Astra Agro Lestari, a subsidiary of diversified conglomerate PT Astra International, reported that it booked a 6 percent increase in crude palm oil (CPO) production in the first five months of the year compared to a year earlier.
Crude Palm Oil Prices Fall on Profit-booking
13/06/2012 (Economic Times) - Crude palm oil prices fell by Rs 4.20 to Rs 547.50 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels, driven by a weak trend at spot market on sluggish demand.
