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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
Property Sector Expected To Remain Buoyant Next Year
15/09/2011 (Bernama) - Malaysia's property industry is expected to remain buoyant next year in tandem with the likely strong growth in the palm oil and oil and gas sectors.
Real-time Monitoring System To Check on River Pollution
15/09/2011 (Borneo Post) - A real-time monitoring system was yesterday proposed to continually check on water quality and activities that are likely to pollute rivers in the east coast of Sabah.
Malaysia 2011 CPO Output May Rise 8pc: IOI
15/09/2011 (Business Times) - Malaysian palm oil production is expected to rise six percent to eight percent this year, IOI Corp Executive Director Lee Yeow Chor told reporters in Kuala Lumpur today.
CPO To Stay at RM3,100
14/09/2011 (The Star) - Crude palm oil (CPO) prices are likely to remain at RM3,100 per tonne till year-end on expectations of an increase in palm oil production and a healthy growth in demand, said IOI group executive director Datuk Lee Yeow Chor.
CPO Contracts At Record Level
14/09/2011 (The Star) - Bursa Malaysia Derivatives (BMD)’s crude palm oil futures contract set a new record at the close of mid-day trading yesterday, with a total 4,072,384 contracts traded so far this year.
Rising Stockpiles Pull Palm Oil Costs Down
14/09/2011 (Gulfnews.com) - Palm oil dropped the most in more than two weeks after soybeans fell Tuesday on a government report that showed world stockpiles and US production will be higher than previous estimates.
IJM Plantations To Retain Strong Industrial Foothold
14/09/2011 (Borneo Post) - A ‘boutique’ oil palm agribusiness company, IJM Plantations Bhd’s (IJM Plantations) capital expenditure (capex) for financial year 2012 ending March (FY03/12) has risen to RM340 to RM440 million, likely due to the higher new planting cost of RM15,000 to RM20,000 per hectare.
Sarawak Oil Palm Provides RM59m Corporate Guarantee
14/09/2011 (The Edge Malaysia) - SARAWAK OIL PALMS BHD is providing a corporate guarantee for RM59 million to Affin Bank Bhd for the banking facilities obtained by its subsidiary SOP Pelita Batu Lintang Plantation Sdn Bhd.
Felda is Financially Strong
14/09/2011 (The Star) - Felda is financially strong and has about RM8bil in shares and funds, said Prime Minister Datuk Seri Najib Tun Razak.
