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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
Zambeef in Tax Row With Zambian Revenue Body
04/02/2012 (ShareCast) - Zambeef, a fully integrated agri-business with operations in Zambia, Nigeria and Ghana, has been hit with a $10.7m bill from the Zambia Revenue Authority (ZRA), for an outstanding tax liability relating to Zamanita, the company's wholly-owned subsidiary involved in edible oil seed crushing, importing and processing.
Pakistan, Indonesia Sign Crucial PTA
04/02/2012 (Business Recorder) - Pakistan and Indonesia signed Preferential Trade Agree-ment (PTA) on Friday, in the absence of Commerce Minister Amin Fahim.
JCI Halts 3-Day Rise on Europe Fears
04/02/2012 (Jakarta Globe) - Indonesia’s benchmark stock index edged lower in the last hour of trading on Friday, halting three days of gains, amid persistent concern over euro zone debt.
Expanding Ties: Indonesia and Pakistan Enter Trade Agreement
04/02/2012 (The Tribune) - Pakistan and Indonesia have ratified a Preferential Trade Agreement (PTA) to boost trade and investment relations between the two countries, according to an official note received from Jakarta. The Indonesian Minister of Trade Gita Wirjawan and Pakistani Ambassador Sanaullah signed the agreement.
VEGOILS-Palm Oil Hits New Six-Week Low On Strong Ringgit
03/02/2012 (Reuters) - Malaysian crude palm oil touched a new six-week low on Thursday as the ringgit currency strengthened against the U.S. dollar, making it expensive for refiners to buy feedstock to process at a time when demand has slowed.
Atama of Malaysia Plans Congo Palm-Oil Plantation, Ministry Says
03/02/2012 (Bloomberg) - Atama Plantation Ltd. of Malaysia plans to invest 150 billion CFA francs ($300 million) in the Republic of Congo over the next 15 years developing a palm-oil project, the Central African nation’s Agriculture Ministry said.
Exclusive: Indonesia To Set Up $5.6 Billion Plantation Firm
03/02/2012 (Reuters) - Indonesia's government plans to create one of the world's largest palm oil and rubber firms in March by combining state planters with total assets of $5.6 billion, a government minister told Reuters on Thursday.
Crude Palm Oil Sheds 1.27% on Profit-Selling
03/02/2012 (Business Standard) - Crude palm oil prices fell by Rs 6.70 to Rs 516.80 per 10 kg in futures trade today on emergence of profit-selling at existing higher levels amid fall in demand in the spot market.
Poor Offtake Drags Edible oils
03/02/2012 (Hindu Business Line) - Most edible oils extended losses on Thursday on need-based local demand and bearish foreign markets.
