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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
Work With Govt, Palm Oil Industry Players Urged
16/01/2012 (The News Straits Times) - The palm oil industry, which generated RM80.4 billion in export earnings last year, is set to propel Malaysia into a high-income nation.
Weekly Crude Palm Oil Report January 15 2012
16/01/2012 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa MaÂlaysia Derivatives ended the week lower due to bearish monthly reÂports released by both the Malaysian Palm Oil Board (MPOB) and the US Department of Agriculture (USDA).
MIDAS UPDATE: Shares Treble at Asian Plantations as Buying Spree Boosts Land Bank
16/01/2012 (This Is Money) - Palm oil farmers are accused of destroying rainforests, harming the environment and killing off orang-utans.
Activity At Karachi And Qasim Port
16/01/2012 (Business Recorder) - The Karachi Port handled 166,457 tonnes of cargo comprising 148,165 tonnes of import cargo and 18,292 tonnes of export cargo including 4,993 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday.
Construction, O&G to Reap Returns in 2012: Analyst
16/01/2012 (Sin Chew Jit Poh) - Construction, oil and gas, telecommunication and plantation related stocks are expected to reap good returns for investors in the local equity market this year, says an analyst.
VEGOILS-Palm Oil Hits 2-Week Low on Bearish USDA Report
16/01/2012 (Reuters) - Malaysian crude palm oil futures slipped on Friday as a much-anticipated U.S. crop report showed a higher-than-expected forecast of oilseed supplies, temporarily overshadowing prospects of lower production due to erratic weather.
Imported Oils Drop on Higher Stock Forecast
16/01/2012 (Hindu Business Line) - Imported palmolein and soya oil extended losses by Rs 5 and Rs 2 for 10 kg for the third consecutive day on Friday, tracking an overseas bearish trend. Malaysian crude palm oil futures fell as market participants booked profits after reports from the US Department of Agriculture forecasted higher-than-expected grain and oilseed stocks. In the last three days, palmolein has dropped by Rs 15 and soya oil by Rs 12.
PEC Calls Bids For 23,400 Tonnes Palmolein Import
16/01/2012 (Hindu Business Line) - State-owned trading firm PEC has invited bids for the import of 23,400 tonnes of RBD palmolein for sale in the domestic market.
Palm Oil To Drop To 3,140 Ringgit/T
16/01/2012 (Business Recorder) - Malaysian palm oil will clear a support at 3,176 ringgit per tonne to head towards 3,140 ringgit thereafter.
