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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 at New 9-Month High on Exports, US Plantings Eyed
27/03/2012 (Business Recorder) - Malaysian palm oil futures extended gains to a new nine-month high on Monday as strong exports data and drought woes in soy-producingSouth Americaboosted investor sentiment.
Collaborative Oil Palm Biomass Center Launched in Malaysia
27/03/2012 (AZoCleantech) - Oil Palm Biomass Center (OPBC), a public-private partnership, has been opened in Malaysia to benefit the economy and climate. The consortium includes collaboration of 18 partners from global industries and technical universities to develop, test and optimize innovative upstream and downstream technologies for application of oil palm biomass.
RI May Soon Become Top Sustainable CPO Producer
27/03/2012 (Jakarta Post) - Indonesia is set to become the world’s largest palm oil producer in the near future, driven by increased production of locally certified sustainable palm oil (CSPO) and a higher number of local palm oil producers taking part in the sustainable certification scheme, an international multi-stakeholder certification body says.
AIM Targets RM60b Palm Oil Contribution To GDP By 2020
27/03/2012 (Malaysian Reserve) - Agensi Innovasi Malaysia (AIM) is optimistic that the palm oil sector's contribution to the national gross domestic product (GDP) can be doubled from RM30 billion to RM60 billion by 2020.
CB Industrial Wins Palm Oil Mill Job
27/03/2012 (Business Times) - CB Industrial Product Holdings Bhd (CBIP) has announced that it has received a letter of award from Syarikat Ladang Sungai Terah Sdn Bhd (a subsidiary of Kumpulan Perladangan PKINK Bhd) worth RM44.66 million.
Indonesia Raises Export Tax on Crude Palm Oil
27/03/2012 (Lanka Business Online) - The Indonesian trade ministry said it will raise the export tax on crude palm oil (CPO) to 18 per cent in April from 16.5 per cent at present.
Waste Not The Palm Oil Biomass
27/03/2012 (The Star) - The palm oil industry generates a fair amount of biomass, which the Government feels should be put to better use rather than just be left in the field as fertiliser.
Drought in South America hits palm oilBy Emiko Terazono
27/03/2012 (Financial Times) - Palm oil prices hit a year high on Monday amid a broader rally in oilseeds triggered by concerns about the soyabean crop in South America.
‘Felda Will Be Listed One Way or Another’
27/03/2012 (New Straits Times) - Felda has put in place measures to ensure the proposed listing of Felda Global Ventures Bhd (FGVH) proceeds as planned, with or without the involvement of Felda Investment Cooperative (KPF).
