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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
Palm Oil Sabah\'s Main Export In Q1, Says Jacob
21/04/2012 (Bernama) - Palm oil was Sabah's main export in the first three months of this year accounting for RM703.18 million, said Deputy International Trade and Industry Minister Datuk Jacob Dungau Sagan.
‘EPA Distorts Assessment of Palm Oil to Discredit Malaysian Exports’
21/04/2012 (The Star) - In the letter entitled No decision has been made on palm oil access to America's biofuel market (StarBiz, April 18), the US Government claims that its current refusal of palm oil under Renewal Fuel Standard (RFS) would not keep palm biodiesel out of the US marketplace and was not a trade distortion. This is both inaccurate and misleading.
Certified Sustainable Palm Oil Fast Gaining Market Acceptance, Says Roundtable
21/04/2012 (The Star) - Annual production capacity for certified sustainable palm oil (CSPO) has reached a record six million tonnes in less than four years since certification began, the Roundtable on Sustainable Palm Oil (RSPO) said.
Malaysian Futures Keep Edible Oils Firm
21/04/2012 (Hindu Business Line) - Edible oils were firm on Friday, after crude palm oil futures rebounded in Malaysia. In the local market, among imported oils, palmolein increased by Rs 3 for 10 kg, while soya refined oil ruled unchanged. Sunflower and cotton oil were unchanged. Rapeseed/mustard oil rose by Rs 5 for 10 kg on value buying. Groundnut oil declined by Rs 10 for 10 kg, despite prices rising in Saurashtra.
Step Up Economic Activities In Sabah, Najib Tells PNB Subsidiaries
21.04.2012 (Bernama) - Datuk Seri Najib Tun Razak has asked companies under Permodalan Nasional Bhd (PNB)'s stable to step up economic activities in Sabah to cash in on the investment opportunities available in the state.
Speculation on CPO Reserves Lifts Plantations Stocks
21/04/2012 (The Star) - Plantation stocks dominated Bursa Malaysia gainers' list yesterday on strong expectations that the price of crude palm oil (CPO) will jump as global reserves of edible oils dwindle to a 35-year low.
Activity at Karachi and Qasim Ports
21/04/2012 (Business Recorder) - The Karachi Port handled 102,530 tonnes of cargo comprising1 82,590 tonnes of import cargo and 19,940 tonnes of export cargo including 1,999 loaded & empty containers during last 24 hours ended at 0700 hours on Friday.
Ingrained With The Palm
21/04/2012 (New Straits Times) - Time to get new furniture? Consider furniture made of palm wood. According to William Wong, director of Palm Wood Technology, the wood comes from palms that are felled after they can no longer produce fruit. Thus using such wood helps save the environment indirectly. By using palm wood, he says, we will be doing our part to preserve Nature as we won’t need to cut down trees in the jungle.
VEGOILS-Palm Oil Ends Higher; Europe Woes, US Data Weigh
21/04/2012 (Reuter) - Malaysian palm oil futures reversed earlier losses to end higher on Friday on last minute buying, although traders remained wary over the weak global economy and slowing export data.
