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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
Sime Unit In Biomass Pact With Govt,18 Others
23/03/2012 (Business Times) - Sime Darby Bhd's wholly-owned subsidiary, Sime Darby Plantation Sdn Bhd, has signed a MoU with the government and 18 other participants to develop oil palm biomass in the country.
Significant Economic Contributor
23/03/2012 (NST) - The palm oil industry is a significant contributor to the Malaysian economy with over 4.9 million hectares of planted area.
Investors Favour KLK’s Expansion Plan
23/03/2012 (The Star) - Investors are positive about Kuala Lumpur Kepong Bhd’s (KLK) expansion plans for its palm oil operations in Indonesia, as the company’s stock was the top gainer yesterday after rising 40 sen to close at RM23.82.
Felda Has Never Exported Products To Israel - Ahmad Maslan
23/03/2012 (Bernama) - The Felda Group has never exported products to the Israel through its subsidiaries including Felda-Iffco Sdn Bhd (FISB), said Deputy Minister in the Prime Minister's Department Datuk Ahmad Maslan.
China Invests in South-East Asia For Trade, Food, Energy and Resources
23/03/2012 (The Guardian) - Beijing's growing stake in Asean, the region's economic bloc, part of a calculated bid for greater military and political influence.
Indonesia Sets Crude Palm Export Tax At 18 Pct For April
23/03/2012 (Reuters) - Indonesia, the world's top palm oil producer, will increase its export tax for crude palm oil to 18 percent for April from 16.5 percent in March and leave its tax on cocoa beans unchanged at 5 percent for April, a trade ministry official said on Thursday.
VEGOILS-Palm Oil Drops To A Nine-Day Low On Renewed Global Economy Concerns
23/03/2012 (Reuters) - Malaysian palm oil futures dropped to their lowest in nine days on Thursday as China's factory activity fell, renewing concerns over global economic growth and commodity demand.
Oil Palm Biomass Center Malaysia Launched (Press Release)
23/03/2012 (PhysOrg.com) - In the Prime Ministers presence, the 18 CEO's, Vice Chancellors and other senior representatives of OPBC's industrial and academic partners signed a Memorandum of Understanding. Together they aim to bring available facilities, required capabilities and other resources efficiently in one organisation, sharing the risks and costs of developing and testing the required technologies.
Palm Oil Rebounds
23/03/2012 (Business Recorder) - Malaysian palm oil futures rebounded slightly on Wednesday, as an upbeat demand outlook for the edible oil offset earlier losses on the back of lower crude oil that was weighed by Saudi Arabia's supply pledge.
