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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
VEGOILS-Spain, Weak Economic Data Drags on Palm Oil
02/06/2012 (Reuters) - Malaysian palm oil prices dropped to their lowest level in a week on Friday as investors worried about demand from China after weak manufacturing data and Spain's shaky finances, the latest signs that the euro zone debt crisis will further slow global growth.
Dompok To Lead Delegation To India To Enhance Commodity Trading
02/06/2012 (Bernama) -- Plantation Industries and Commodities Minister, Tan Sri Bernard Dompok, will lead a delegation to India to further enhance palm oil, rubber and timber trade.
Palm Oil Firm Sampoerna Agro Eyes $53m Expansion Push
02/06/2012 (Jakarta Globe) - Sampoerna Agro, the palm oil plantation company owned by the Sampoerna family, plans to add another 5,000 to 10,000 hectares of cultivated area, according to the company’s head of investor relations, Michael Kesuma.
Indonesia Suffers First Trade Deficit Since July 2010
02/06/2012 (Jakarta Post) - The Central Statistics Agency (BPS) reports that Indonesia’s trade balance suffered US$641.1 million worth of deficit in April 2012, the first since July 2010.
Palm Oil Tax \'Unconstitutional\', Rules Court
02/05/2012 (New Straits Times) - The Court of Appeal has declared as unconstitutional the decision by the plantation industries and commodities minister to impose tax on selected palm oil plantation companies.
Indonesia’s Kharisma Sells 8,500 Tons of Palm Oil
02/06/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 8,500 metric tons of 11,000 tons of the commodity it offered at an auction in Jakarta.
Activity At Karachi And Qasim Ports
02/06/2012 (Business Recorder) - The Karachi Port handled 70,761 tonnes of cargo comprising 52,985 tonnes of import cargo and 17,776 tonnes of export cargo including 3,274 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 52,985 tonnes comprised of 28,348 tonnes of containerised cargo; 7,937 tonnes of general cargo; 15,000 tonnes of coal and 1,700 tonnes of oil/liquid cargo.
Commerce Ministry: Inflation hits 2.53% on higher food prices
02/06/2012 (Bangkok Post) - Pressure from rising prices of cooked food and fresh produce pushed up May inflation 2.53% year-on-year, says the Commerce Ministry.
VEGOILS-Palm Falls, Biggest Monthly Loss Since Sept 2009
01/06/2012 (Reuters) - Malaysian palm oil futures slipped to near a one-week low on Thursday and notched their biggest monthly loss since September 2009 as they tracked a wide sell-off in commodities due to worries over the effect of the euro zone debt crisis on the global economy.
