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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
Unilever Executive: Not Resumed Palm Oil Purchases From Golden Agri-Resources
16/09/2011 (Dow Jones) - Unilever PLC (UL) Friday said it hasn't resumed palm oil purchases from Golden Agri-Resources Ltd. (E5H.SG) in Indonesia after Nestle S.A. (NESN.VX) said it placed an order following progress by the producer on environment and sustainability.
Indonesia, Pakistan in Talks on PTA Again
16/09/2011 (Jakarta Post) - Indonesia resumed talks on a preferential trade agreement with Pakistan on Wednesday with an expectation to conclude the long-negotiated deal within days.
HIGHLIGHTS-Palm Oil Refiners Association of Malaysia interview
15/09/2011 (Reuters) - Following are some of the higlights of a Reuters interview with Palm Oil Refiners Association of Malaysia (PORAM) Chief Executive Mohammad Jaaffar. For the full story, see
Palm Oil Declines to One-Week Low as Slowing Global Economy May Cut Demand
15/09/2011 (Bloomberg) - Palm oil dropped for a second day to the lowest level in more than a week on concern that a slowing world economy may reduce demand for commodities.
Malaysian Palm Exports to Suffer as Indonesia Takes Tax Cut Advantage
15/09/2011 (Jakarta Globe) - Malaysia’s palm oil exports for the rest of 2011 will be flat at best with a negative outlook for next year as refiners are at a price disadvantage after No.1 producer Indonesia slashed refined palm olein export taxes, a top industry official said.
SEA Urges Government To Initiate Urgent Measures To Protect Indian Edible Oil Industry
15/09/2011 (India Infoline) - Solvent Extractors' Association (SEA) OF India requested the government for the revision of Tariff Value on Refined Edible Oils\RBD Palmolein so that the difference between the Crude Edible Oils & Refined Edible Oils be maintained at 7.5% at least. This will also protect the domestic refined industries from the possible flood of imported refined palm oil from Indonesia.
VEGOILS-Palm Turns Positive on Weak Ringgit; US Soy Weighs
15/09/2011 (Reuters) - Malaysian palm oil futures reversed early losses on Wednesday, with investors citing an over-sold market and fluctuations in currencies, but gains were capped by a bigger-than-expected U.S. soybean crop outlook.
Bursa Malaysia Derivatives\'Crude Palm Oil Futures (FCPO) Contract Charts All-Time High Record
15/09/2011 (4-Traders) - Bursa Malaysia Derivatives' (BMD) crude palm oil futures contract set a new record as of the close of mid-day trading today, with a total of 4,072,384 contracts traded so far this year, surpassing the previous record of 4,064,361 contracts traded for the whole of 2010. This is the highest ever number of contracts traded annually since FCPO contracts started trading in 1980.
Demand For Malaysian Products By China Still Strong
15/09/2011 (Bernama) - The demand for Malaysian products by China is still strong despite the increasing inflation rate in the world's second largest economy, said Deputy Finance Minister Datuk Donald Lim Siang Chai.
