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Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
Gapki warns of sharp production losses
El Nino, biodiesel demand support CPO prices despite rising stocks
Lacklustre Demand Keeps Edible Oil On Leash
30/11/2011 (Hindu Business Line) - Demand let-up during the month end kept edible oil prices under check on Tuesday.
Crude Palm Oil Futures Shed 0.45 pc On Weak Global Cues
30/11/2011 (MSN) - Tracking a weak trend in overseas markets, crude palm oil futures prices declined by Rs 2.30 to Rs 511.90 per 10 kg today as speculators offloaded their positions.
Palm Waste Could Be $9.3B Business: Malaysian PM
30/11/2011 (Biofuels Digest) - In Malaysia, Prime Minister Datuk Seri Najib Razak said in a speech during the launch of BioMalaysia 2011 and the 2011 Pacific Rim Summit on Industrial and Bio-Energy that the country could reap major benefits as the world’s largest palm oil exporter due to the tremendous potential to use palm oil waste in high-value industrial applications.
Shipping Activity At Port Qasim
30/11/2011 (APP) - Shipping activity remained active at the port where three ships carrying palm oil, furnace oil and phosphoric acid were allotted berths at Liquid Cargo Terminal, FETCH Oil Terminal and Engro Vopak Terminal respectively on Monday, November 28.Meanwhile another container ship also arrive at outer anchorage of Port Qasim during the same day.Berth occupancy was managed at the Port at 54% on Monday where a total of seven ships namely, M.V Fisher-K, M.V Zeynep-k, M.V Wolong Song, M.T Golden Ambrosia, M.T Chembulk Jakarta, M.T Battery Park and M.T Guana Raba are currently occupying berths to load/offload cement, canola seeds, project cargo, chemicals, palm oil, phosphoric acid and furnace oil respectively during last 24 hours.
Eco Palm To Go Green In Making Packaging Paper
30/11/2011 (The Star) - Eco Palm Paper Sdn Bhd is making efforts to produce packaging paper in a more environmentally friendly way.
Hindustan Unilever\'s Soap Margin Under Pressure Sequentially: Macquarie
30/11/2011 (Economic Times) - Hindustan Unilever's soaps and detergents margins are likely to come down sequentially in Q3 FY12 owing to higher prices of key raw materials like Palm oil and Benzene, says Macquarie.
Indonesia Stock Movers: Astra Agro, Medco Energi Internasional
30/11/2011 (Bloomberg) - Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses and prices are as 10:19 a.m. in Jakarta.
A Brown To Pay $5 Million For Stake In Mining Firm
30/11/2011 (BusinessWorld Online Edition) - Brown Co., Inc. has moved to acquire an indirect stake in a Surigao del Sur mine for $5 million.
KLCI Rallies On Fund Buying Of Banks, Genting
30/11/2011 (The Edge Malaysia) - Fund buying of banks and Genting Bhd sparked a rally on Bursa Malaysia on Tuesday, sending the FBM KLCI up more than 22 points or 1.55% as the local market played catch-up with other regional markets and Wall Street.