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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
Felda and FGVH Sign Pledge To Eradicate Graft
10/04/2012 (The Star) - Felda and Felda Global Ventures Holdings Berhad (FGVH) have joined a list of corporate bodies to sign an integrity pledge to eradicate corruption and promote good corporate governance and transparency.
Bursa Malaysia Derivatives Plans Revamp, New Contracts
10/04/2012 (The Malaysian Reserve) - Bursa Malaysia Derivatives Bhd (BMD) plans to revamp its membership rules and launch new contracts in an effort to improve access and liquidity on the exchange.
Indonesia and China Agree To Sort Out Trade Imbalances
10/04/2012 (Jakarta Post) - President Susilo Bambang Yudhoyono visited China last month to improve a bilateral economic relationship that has been characterized by growing trade imbalances following the signing of a free trade agreement under the ASEAN framework in 2005. Industry Minister Mohammad S. Hidayat, who accompanied the President during the trip, spoke to The Jakarta Post’s Bagus Saragih and explained how the visit would build momentum for a more favorable partnership between the two countries. Below are excerpts from the conversation.
New Methods To Improve Oil Extraction From FFB By 20% To 30%
10/04/2012 (The Star) - Boustead Holdings Bhd, which derives most its income from plantations, expects to improve its yields on fresh fruit bunches (FFB) by 20% to 30% using more efficient methods.
Mission Seeks To Explore S. African Market
10/04/2012 (Jakarta Post) - An Indonesian trade mission led by Deputy Trade Minister Bayu Krisnamurthi will explore business opportunities in South Africa — home to 48 million people — from April 9 to 14 as part of the government’s market diversification to nontraditional export destinations.
VEGOILS-Palm Oil Hits 13-Mth High in Thin Trade, Data Eyed
09/04/2012 (Reuters) - Malaysian palm oil futures rose to a near 13-month high on Friday, as traders continued to bet on strong demand ahead of key industry data due next week.
Palm Oil Advances to 13-Month High as Soybean Supplies Dwindle
09/04/2012 (Bloomberg) - Palm oil, used in food and fuel, climbed to the highest in more than a year in Malaysia as South American soybean supplies declined. In China, palm and soybean oil rose to the costliest in more than six months.
Import of Palm Oil Products From Malaysia
09/04/2012 (Daily Times) - The Pakistan government should reduce duty on palm oil products’ imports from Malaysia just like the 15 percent duty cut made for Indonesia, importers said on Friday.
Indonesia Risks Getting Left Behind on Biofuels, Industry Warns
09/04/2012 (Jakarta Globe) - Biofuels are expected to account for more than a quarter of transportation fuel consumption worldwide by 2050, but Indonesia could miss out on the benefits without greater government commitment to local biofuel production.