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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
IOI Corp Q1 Earnings Fall 48pc
21/11/2011 (Business Times) - IOI Corp, Malaysia’s second-biggest palm oil planter by market value, said first-quarter profit dropped 48 per cent on foreign exchange charges and lower earnings from property and manufacturing.
Growth of RI Food, Agribusiness Trade To Enter Plateau Period
21/11/2011 (Jakarta Post) - Indonesia’s total food and agribusiness trade will grow at a moderate annual pace of 4 percent over the next five years due to limited agricultural land and labor, an economist says.
Palm Oil Import From Indonesia Seen Tripling
21/11/2011 (The Nation) - Pakistan is expected to at least triple palm oil purchases from Indonesia next year after a trade agreement between the two countries reduced import duties for the edible oil by about 15 per cent, senior industry officials said on Thursday.
Malaysia’s Economy Expanded 5.8% in 3Q VS 4.3% in 2Q
21/11/2011 (The Edge Malaysia) - The Malaysian economy expanded at a faster pace of 5.8% in the third quarter (3Q) of 2011 but whether the growth momentum could continue in the fourth quarter was still uncertain, said Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz.
Indonesia Exports To Slow, FDI To Keep Rising: Trade Minister
21/11/2011 (Daily Times) - Indonesia’s buoyant export growth is likely to slow into the single digits next year, hurt by the weak global economy, but foreign investment in Southeast Asia’s biggest economy should keep surging, the country’s trade minister said on Friday.
Candy-to-Fuel Demand Cuts Oil Inventory to ‘75 Low: Commodities
18/11/2011 (Bloomberg) - Stockpiles of the cooking oils used to make everything from candy bars to biofuels are declining to the lowest in two generations as farmers fail to keep up with demand expanding at five times the pace of the world population.
Morning Markets: Cotton, Palm Oil Prices Buck Downward Trend
18/11/2011 (Agrimoney.com) - Grain futures began Thursday where they left off the last session –on negative form – amid concerns for US exports, besides the soft external market tone.
Eximbank’s Loans Mostly to Palm Oil Sector
18/11/2011 (Jakarta Post) - Indonesia Eximbank, also known as the Export Financing Agency, said that the palm oil industry accounted for most of its buyers’ credit amid the company’s efforts to diversify its financing disbursement.
Astra Agro Fails to Sell 9,000 Tons of Palm Oil in Auction
18/11/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, failed to sell 9,000 metric tons of palm oil it offered at an auction in Jakarta today.
