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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
Activity At Karachi And Qasim Ports
26/05/2012 (Business Recorder) - The Karachi Port handled 59,546 tonnes of cargo comprising 48,428 tonnes of import cargo and 11,118 tonnes of export cargo including 288 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 48,428 tonnes comprised of 1,215 tonnes of containerised cargo; 1,960 tonnes of general cargo; 14,200 tonnes of coal and 31,053 tonnes of oil/liquid cargo.
Malaysia, Indonesia To Face Challenge To Meet Long-Term Global Demand For Palm Oil
26/05/2012 (Bernama) - Based on the current production and expansion rate, Malaysia and Indonesia, the world's top two palm oil producers will be challenged to meet the foreseeable global demand 12 years from now, says Pawan Kumar, Associate Director at Rabobank International's Food and Agribusiness Research and Advisory Division.
KLK Gets \'Neutral\' Recommendation From Research Houses
26/05/2012 (Bernama) - Three research houses have recommended a 'neutral' call on Kuala Lumpur Kepong Bhd (KLK) shares due to the slower growth expectation of the company.
VEGOILS-Palm Oil Inches Up But Europe Fears Cap Gains
25/05/2012 (Reuters) - Malaysian palm oil futures ended higher on Thursday on bargain hunting after a big sell-off the previous day, although gains were curbed as fears over the euro zone crisis dampened sentiment.
Industry Groups Say Ministry Distorts Palm Oil Stock Data
25/05/2012 (Bangkok Post) - The Thai Oil and Palm Oil Association and farmer associations of Chumpon, Surat Thai, Nakhon Si Thammarat, Trang, Satun and Ranong accused the Commerce Ministry of distorting information on palm oil stockpiles.
CM: Tap Oil Palm Biomass Sector
25/05/2012 (New Straits Times) - Chief Minister Datuk Seri Musa Aman said Sabah must not miss the opportunity of taking part in solutions that deal with oil palm biomass.
Palm Oil Import Plan Scrapped
25/05/2012 (Bangkok Post) - The government, bowing to pressure from the private sector, has agreed to scrap a plan to import crude palm olein (CPO) and institute an export surcharge, according to Deputy Prime Minister Kittiratt Na-Ranong.
Sarawak Not Ready For Minimum Wage, Says Ta Ann CEO
25/05/2012 (Bernama) - Sarawak's oil palm and timber sectors are going to be affected by the implementation of the minimum wage policy largely because the two sectors are still very labour intensive, Ta Ann Holdings Bhd chief executive officer Datuk Wong Kuo Hea said Thursday.
Uganda: Govt Intervenes in Buvuma Land Dispute
25/05/2012 (AllAfrica.com) - President Yoweri Museveni has intervened in a land dispute in Buvuma Islands and halted the pending eviction of about 10,000 bibanja [land] holders who had been asked to leave by June 1 to pave way for the Palm Oil Project.
