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Malaysian end of July palm oil stocks hit near two-year high
Monsoon may ease ‘super El Niño’ potential impact on palm oil output
Palm oil prices steady amid projections of bigger stockpile
Gapki warns of sharp production losses
Palm Oil To Hover Below 3,590 Ringgit
13/04/2012 (Business Recorder) - Malaysian palm oil is expected to either hover below 3,590 ringgit per tonne or retrace to 3,530 ringgit as a small double-top has formed around 3,626 ringgit.
Golden Land To Expand Plantation
13/04/2012 (The Star) - Golden Land Bhd has proposed to buy an Indonesian company for US$5.4mil (RM16.6mil) and this could expand the group's oil palm plantation area overseas by another 10,000ha.
CPO Futures End Easier On Profit-taking Activities
13/04/2012 (Business Times) - The crude palm oil futures on Bursa Malaysia Derivatives ended easier yesterday on profit-taking, dealers said.
Activity At Karachi And Qasim Ports
13/04/2012 (Business Recorder) - The Karachi Port handled 66,879 tonnes of cargo comprising1 14,243 tonnes of import cargo and 52,636 tonnes of export cargo including 2,777 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday.
SBY Aide Vows to Probe Aceh Forest Concession
13/04/2012 (Jakarta Globe) - An aide to President Susilo Bambang Yudhoyono has expressed concern over a recent court ruling that cleared the outgoing Aceh governor’s action in granting a plantation concession in an ostensibly protected forest.
Palm Oil Output Below Forecast
PLANTATION COMPANIES By Hwang DBS Vickers Research CPO price forecast: RM2,990/tonne 13/04/2012 (The Star) - Malaysia's March palm oil output of 1.211 million tonnes, 2% higher from a month before, was significantly below our forecast of 1.494 million tonnes, as fresh fruit bunch (FFB) yields in east Malaysia were 18% below the same month last year.
Green Groups May Call For Boycott of Indonesian Palm Oil Over Forest Destruction in Sumatra
12/04/2012 (Mongabay.com) - Environmental groups are escalating their battle over an area of peat forest in Tripa, Sumatra that has been granted for oil palm plantations.
Sime Darby: Trying to Change Lives; How the Malaysian Oil Palm Giant is Making it Work Amidst Colossal Challenges
12/04/2012 (Liberian Observer) - The 14-year Civil war in Liberia was more than enough to put the country’s economy that was stabled and could even be compared to some European and Asian countries in a shattered state. The sound of guns and the terror created by those executing the war were far beyond human imagination. Investors at the time, who were considered the true engines of the country’s economy fled for their lives, leaving behind millions of dollars of investments in flames.
Sierra Leone: Local Resistance Grows As Investors Snap Up Land
12/04/2012 (The Guardian) - Alusine Kortu says he hasn\'t seen any big, new agricultural investments in the Bonthe district of southern Sierra Leone. But the local chief has heard rumours about large-scale land deals in other parts of the west African country – where estimates suggest nearly 20% of farmland has been snapped up by investors – and says he wants to be ready if and when companies come to his area.