|
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 Climbs
15/03/2012 (Business Recorder) - Malaysian crude palm oil futures rose to a nine-month high on Wednesday as recovering exports raised demand prospects for the edible oil and upbeat US economic data lifted investor confidence.
Government Nixes Request For Palm Oil Price Increase
15/03/2012 (Bangkok Post) - The government has decided against a cooking palm oil price increase requested by producers, but it may sell them cheap palm oil from reserves.
Palm Oil: The Hidden Ingredient Causing An Ecological Disaster
15/03/2012 (The Ecologist) - Palm oil is in our food, cleaning products and fuel. But it's destroying rainforest and contributing to climate change. Sustainable certification schemes have been set up, but campaigners increasingly question whether they work.
Finance, Palm Oil Plantation Stocks Lift FBM KLCI
15/03/2012 (The Sun Daily) - Gains in finance and palm oil plantation stocks pushed the FTSE Bursa Malaysia KLCI to end the morning trading higher, tracking the rallies from Wall Stret and European markets, dealers said.
Economic Growth Moderates
15/03/2012 (The Sun Daily) - The Malaysian economy only managed to achieve a moderate growth rate of 5.2% in the fourth quarter of 2011 because it has traditionally been over dependent on consumer demand in America and Europe to generate a growth rate in excess of 8% or even 7%. The Malaysian economy is a dependent economy in the sense that if America's growth rate slackens, Malaysia's growth rate also slackens in tandem.
Russia Expects Trade With Malaysia To Reach US$2.4 Billion In 2012
15/03/2012 (Bernama) - Russia, which is looking to further enhance bilateral economic cooperation with Malaysia via joint ventures in small and medium enterprises (SMEs) sector, anticipates total trade between the two countries to return to pre-crisis level of US$2.4 billion this year.
Vegetable Oil Imports Jump 59% In Feb
15/03/2012 (Hindu Business Line) - India’s vegetable oil imports rose 59 per cent in February to 8.75 lakh tonnes against 5.50 lakh tonnes in the year-ago period, according to the Solvent Extractors’ Association of India.
Dupont Positive About Its Growth Potential In Malaysia
15/03/2012 (Bernama) - DuPont Malaysia Sdn Bhd foresees its business to experience further growth given the vast potential existing in Malaysia, says managing director Ong Ewe Hock.
RI-Brazil Trade Can Reach $35b In 5 To 10 Years: Gita
15/03/2012 (Jakarta Post) - Indonesia, Southeast Asia’s largest economy, and Brazil, South America’s largest economy, can boost their bilateral trade to US$35 billion over the next five to 10 years, given the size of the two countries’ respective economies, an Indonesian minister says.
