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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
Govt Rule Change a Boon for Palm Oil Producers: Credit Suisse
29/09/2011 (Jakarta Globe) - A new ministerial ruling that expands the land available for planting has made Indonesian crude palm oil producers an attractive proposition for investors, analysts at Credit Suisse Group say.
Discourse: Indonesia May Use Norwegian Funds for Oil Palm Plantation
29/09/2011 (Jakarta Post) - Indonesia has signed a Letter of Intent (LoI) to seal US$1 billion fund assistance from Norway to conserve its rain forests under REDD+ projects. In spite of many delays, the government has completed some preconditions for the fund disbursement. The Jakarta Post’s Adisti Sukma Sawitri talked to Norway’s Minister of the Environment and International Development, Erik Solheim, on the progress over the past year.
Commodities Not Affected By Economic Uncertainties
29/09/2011 (The Star) - Global economic uncertainties are not expected to impact the local commodities market especially palm oil and rubber, Deputy Plantation Industries and Commodities Minister Datuk Hamzah Zainudin said.
Palm Oil Bounces as Investors Hunt for Bargains
29/09/2011 (The Star) - Malaysian palm oil futures bounced on Tuesday as bargain hunters resurfaced after the market neared a one year low the previous day on concerns that developed countries were pushing the world into a recession.
Malaysian Planters Rise as Palm Rebounds
29/09/2011 (Business Times) - Kuala Lumpur Kepong Bhd rose the most in almost seven months in Kuala Lumpur trading and IOI Corp gained after palm oil prices in Malaysia climbed for the first time in five days.
JCI: ‘Oversold’ Market Bounces Back Amid Govt Tinkering
29/09/2011 (Jakarta Globe) - Stocks rebounded from a 12-month low on Tuesday after the central bank reportedly continued its intervention in the foreign exchange and bond markets to stop the value of Indonesian assets from declining further.
China Soy, Rapeseed Oil Imports to Surge as Consumption Gains
29/09/2011 (Bloomberg) - Chinese soybean and rapeseed oil imports are expected to rise as domestic production can’t keep up with demand, Hamburg-based researcher Oil World said.
UK Welcomes Indonesia\'s Pledge to Protect Forests
29/09/2011 (Click Green) - Work to tackle illegal logging has taken a step forward with the news that Indonesia has become the fifth country to sign a voluntary partnership agreement with the EU to protect its forests which will lead to a reduction in greenhouse gas emissions.
PH Weighs Impact of Palm Oil Expansion on Coconut
28/09/2011 (ABS CBN News) - The Philippines could expand its palm oil acreage to up to 1 million hectares (2.47 million acres) from about 55,000 hectares now, but is weighing the impact on its major coconut oil industry before committing to a long-term plan, a senior official said on Friday.
