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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
Trade Exchange Between Jordan, Gulf Countries Takes Upward Trend
26/07/2011 (Petra News Agency) – The volume of trade exchange between Jordan and the Gulf Cooperation Council (GCC) has increased till the end of May 2011 compared with the same period last year, according to the Department of Statistics (DOS).
AP Plans New Agri Commission
26/07/2011 (Deccan Chronicle) - A new State Agriculture Commission to advise government on farmers’ problems and other agriculture related issues, including remunerative prices and marketing, is being set up soon.
The N98trn Food Import Bill .
26/07/2011 (Business Day) - The statement by the new Minister of Agriculture and natural Resources that Nigeria spent a total of N98 trillion (about $628 billion) on food imports between 2007 and 2010 came with a bang and it is currently a subject of debate in many quarters.
Foreign Investment Flows Into Indonesia
26/07/2011 (Finance Asia) - Gita Wirjawan, chairman of Indonesia’s Investment Coordinating Board, has set himself and his country an ambitious target: attracting $60 billion of foreign direct investment (FDI) by the end of 2014, which is almost triple the current level.
Bullish Outlook On Palm Oil Exports Amid Negative Market Consensus
25/07/2011 (Borneo Post) - Growth momentum for palm oil exports is expected to pick up in the second half of 2011 (2H11) despite its slow pace in the early part of 2011.
Sime Darby Plantation To Produce Over 3 Million Tonnes Of CSPO By 2015
25/07/2011 (Bernama) - Sime Darby Plantation, the plantation and agri-business arm of Sime Darby Bhd, aims to produce over three million metric tonnes of certified sustainable palm oil (CSPO) by 2015.
Morning Markets: Weather Fears Help Palm Oil, Besides Grains
25/07/2011 (Agrimoney.com) - Some commodities continued on Friday to feel the pressure from the latest round of China jitters, overshadowing the brighter news of eurozone agreement on a new Greek debt deal.
Justin’s Nut Butter, Cheyenne Mountain Zoo Raising Sustainable Palm Oil Awareness
25/07/2011 (Natural Products Marketplace) - Justin's Nut Butter and the Cheyenne Mountain Zoo (CMZ) are working together to raise awareness regarding the timely issue of producing and using sustainable palm oil. Both members of the Roundtable on Sustainable Palm Oil (RSPO), Justin’s is including the new CMZ logo for Orangutan Friendly Palm Oil on its squeeze packs hitting shelves July 2011. The new logo will make it easier for consumers to identify products manufactured with sustainable palm oil.
Emami Targets 10% Share in Edible Oil Market
25/07/2011 (Business Standard) - Emami Biotech Ltd, a part of Rs 3,700-crore Emami group of companies, is planning to increase its edible oil refining capacity triple with an investment of around Rs 550 crore. This would help the company to capture 10 per cent of the Rs 15,000 crore branded edible oil market in next three years.
