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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
25/05/2012 (Business Recorder) - The Karachi Port handled 38,251 tonnes of cargo comprising 11,529 tonnes of import cargo and 26,722 tonnes of export cargo including nil loaded & empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 11,529 tonnes comprised of 416 tonnes of general cargo; 1,113 tonnes of bulk cargo: 666 tonnes of palm kernel; 447 tonnes of DAP and 10,000 tonnes of oil/liquid cargo.
Optimise Resources Through Value-added Downstream Operations, Says Musa
25/05/2012 (Bernama) - The Sabah government is aware of the need to optimise resources through value-added downstream operations, says Sabah Chief Minister Datuk Seri Musa Aman.
CPO Gives Sabah Income A Boost, Says Musa Aman
25/05/2012 (Bernama) - Sabah's focus on the booming crude palm oil (CPO) sector is timely as it has now become the main source of income for the state and the nation.
PALMEX Helps Planters, SMI Players Gain Technical Know-how From Overseas
25/05/2012 (Bernama) - The Palm Oil Exhibition 2012 (PALMEX) provides an avenue for local planters and the small and medium industry (SMI) players to gain technical know-how from international players.
Japan’s Palm Oil Imports Seen at Record After Soybeans Rally
24/05/2012 (Bloomberg) - A rally in soybeans is spurring Japan, Asia’s second-largest buyer, to seek record imports of palm oil, which is displacing soybean oil in margarine to potato chips.
Palm Oil Drops First Time in Five Days on Europe Crisis Concern
24/05/2012 (Bloomberg) - Palm oil declined for the first time in five days on concern that the European debt crisis will worsen, potentially hurting demand for commodities.
Palm Oil Industry Outlook Bright, Says Masing
24/05/2012 (Borneo Post) - The Outlook for the palm oil industry is bright, with international analysts predicting that its price would range between RM3,100 and RM3,840 per tonne this year. Land Development Minister Tan Sri Dr James Masing, in his winding-up speech yesterday, however, said production was expected to decline in the near term due to biological stress on oil palm trees following the bumper harvest last year.
Masing To Palm Oil Industry Players: Use Social Media To Fight Anti-palm Oil Campaigners
24/05/2012 (Borneo Post) - State palm oil industry players should tap onto the power of social media to disseminate facts and information to ward off anti-palm oil campaigns.
Palm Oil Giant To Produce 100% Segregated, RSPO-Certified Palm Oil
24/05/2012 (Mongabay) - 100 percent of New Britain Palm Oil Limited's palm oil will be eco-certified, segregated, and fully traceable by the end of the year, reports the Roundtable on Sustainable Palm Oil (RSPO).