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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
A Potential Turnaround Story For Sarawak Plantation In 2012
21/03/2012 (Borneo Post) - Sarawak Plantation Bhd’s (Sarawak Plantation) turnaround efforts in 2011 is set to bear fruits this year as its then-brand new management placed immediate focus on improving the company’s fresh fruit bunch (FFB) yield and oil extraction rate (OER).
VEGOILS-Palm Oil Rally Loses Some Steam, Exports Eyed
20/03/2012 (Reuters) - Malaysian palm oil futures ended lower on Monday as investors booked profits on concerns the market was overbought, although losses were capped by upbeat demand prospects and soybean supply fears in drought-hit South America.
Palm Oil Climbs as China Buys More, Crude Boosts Biofuel Appeal
20/03/2012 (Bloomberg) - Palm oil advanced on signs of increasing demand from China, the world’s biggest cooking oil user, and as gains in crude oil increased the appeal of vegetable oils as biofuels.
Crude Palm Oil Futures Up 0.43% on Rising Demand
20/03/2012 (Economic Times) - Crude palm oil futures prices rose by Rs 2.50 to Rs 583.80 per 10 kg today as speculators created fresh positions on the back of rising spot demand.
Malaysian Palm Oil Lower
20/03/2012 (Business Recorder) - Malaysian palm oil futures ended lower on Monday as investors booked profits on concerns the market was overbought, although losses were capped by upbeat demand prospects and soybean supply fears in drought-hit South America.
India Cooking-Oil Imports Seen at Record as Harvests Drop
20/03/2012 (Bloomberg) - Oilseed production in India, the world’s largest palm oil importer, may climb 2.3 percent this year on bigger harvests of soybeans and peanuts, the Central Organization for Oil Industry and Trade said.
Malaysian Markets Keep Edible Oils Bullish
20/03/2012 (Hindu Business Line) - Imported palmolien and soya oil extended gains by Rs 4 for 10 kg each on Monday as Malaysian markets turned bullish and local refiners increased quotations on higher import costs. In the past four days, both oils have risen by Rs 16 and Rs 12.
Activity At Karachi And Qasim Ports
20/03/2012 (Business Recorder) - The Karachi Port handled 103,441 tonnes of cargo comprising1 74,453 tonnes of import cargo and 28,988 tonnes of export cargo including 5,738 loaded & empty containers during last 24 hours ended at 0700 hours on Monday.
MGCC Brings Business Delegation From Rhineland-palatinate
20/03/2012 (Bernama) - A business delegation from the state of Rheinland-Pfalz, Germany, is in Malaysia for a three-day visit to explore the potential of the Malaysian market for investments, joint-ventures and other forms of business cooperation.
