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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
Firm On Improved Economic Outlook: European Vegoils
24/12/2011 (Business Recorder) - Asking prices on the European vegetable oils market rose on Friday on better-than-expected US economic data and on concerns that heavy rains in parts of Malaysia could affect the crop.
JCI in Slow Trading Ahead Of Long Holiday Weekend
24/12/2011 (Jakarta Globe) - Indonesia’s benchmark stock index made an unimpressive move to close the week as investors refrained from betting over the long holiday weekend.
Productivity Incentive Bonus For Felda Settlers This Year
24/12/2011 (Bernama) - Prime Minister Datuk Seri Najib Tun Abdul Razak today announced that Felda will reward settlers of its land schemes with productivity incentive bonuses amounting to a minimum of RM400 and maximum of RM1,200, which is the same as last year.
Stop Granting Plantation Permits, Say Farmers
24/12/2011 (Tempo Interactive) - Forty representatives from seven villages in East Barito, Central Kalimantan, yesterday demonstrated at the Palangkaraya traffic circle. They were grouped under the Barito Farmers Solidarity (SPPB) group and urged the government to stop granting permits for plantations and mining operations.
Activity at Karachi and Qasim Ports
24/12/2011 (Business Recorder) - The Karachi Port handled 138,577 tonnes of cargo including 118,271 tonnes of import, 20,306 tonnes of export cargo and 4,346 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Friday.
Colombia Launches Sustainable Agriculture Scheme
24/12/2011 (FreshFruitPortal.com) - The Colombian Government has launched an ‘Organic Agriculture Production Chain’ project in a bid to consolidate the organic farming industry and achieve a higher level of institutionalization.
VEGOILS-Palm Oil at Near Two-week High on Weather Concerns
23/12/2011 (Reuters) - Malaysian crude palm oil futures rose to a near two week high on Thursday as traders focused more on heavy rains potentially disrupting production than fixating on concerns of euro zone debt crisis eroding global economic growth.
Groundnut Oil Up; Palmolein Down
23/12/2011 (Hindu Business Line) - In the absence of ready demand, prices of most edible oils declined on Thursday. Malaysian palm oil futures rose for the second consecutive day but did not impact domestic markets as local refineries had reduced the rates for palmolein and soya oil by Rs 3-5 at the start of the day.
Plantation Demand To Slow Down Following Global Economic Deceleration Next Year
23/12/2011 (Borneo Post) - Crude palm oil (CPO) and soybean oil (SBO) demand is set to see a decline, trailing behind an expected deceleration of global economic growth next year.
