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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
Wilmar Ups Syndicated Loan Facility To $1.5 Bln
31/10/2011 (Reuters) - Singapore's Wilmar International Ltd , the world's largest listed palm oil firm, said on Friday it has increased its $1.3 billion syndicated term loan facility to $1.5 billion.
Russia, RI To Boost Trade To $5b By 2014, Expand Ties
31/10/2011 (Jakarta Post) - Russia and Indonesia have pledged to forge closer relations in the economic sector by boosting trade to US$5 billion by 2014 and expanding ties in other potential sectors, including agriculture and infrastructure.
Aussie Government’s Rejection of Compulsory Palm Oil Labelling is Good News, Says Najib
28/10/2011 (Borneo Post) - Prime Minister Datuk Seri Najib Tun Razak said today that the rejection of the proposal for compulsory palm oil labelling by the Australian government, is very much welcomed, especially for Malaysia’s oil palm industry.“The Australian government is not supporting the proposal for compulsory palm oil labelling,†he told the Malaysian media on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) here today.
Palm Oil Soars
28/10/2011 (Business Recorder) - Malaysian palm oil futures rose to a five-week high on Thursday, as a eurozone debt deal boosted investor sentiment, with higher crude prices and lower output expectations offering additional support.
ANALYSIS-Promising Biodiesel Crop Needs Time to Prove Itself
28/10/2011 (Reuters) - Several new companies are betting on the little-known pongamia pinnata tree as a biodiesel feedstock that does not hurt food production, but a decade or more of research and development is still needed to determine its value as a commercial crop.
VEGOILS-Palm at 5-Week High on Euro Zone Agreement
28/10/2011 (Reuters) - Malaysian palm oil futures rose to a five-week high on Thursday, as a euro zone debt deal boosted investor sentiment, with higher crude prices and lower output expectations offering additional support.
MMTC Invites Bids for 22,000 T Palmolein Import
28/10/2011 (Hindu Business Line) - State-owned trading firm MMTC has invited bids for the import of about 22,000 tonnes of RBD palmolein for sale in the domestic market.
Food Exports up By 38.5pc
28/10/2011 (The News International) - Pakistan’s food exports rose by 38.5 percent to $993.71 million in July-September 2011 quarter from $717.45 million, showed figures released by the Federal Bureau of Statistics (FBS).
Malaysia Stocks: Dutaland, Hibiscus Petroleum, Supermax, YTL
28/10/2011 (Bloomberg) - Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur.
