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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
Sime Darby Expects Crop Production To Increase By 6%
25/07/2011 (The Star) - Sime Darby Plantation Bhd expects its crop production to increase by 6% in the financial year ended June 30, 2011 as compared to the previous financial year as the cyclical down trend of the oil palm has ended.
First Satellite Tagging Of Proboscis Monkey In Borneo
25/07/2011 (Bernama) - The Sabah Wildlife Department and Danau Girang Field Centre have fitted a satellite tag on a proboscis monkey in the Kinabatangan region as part of the conservation initiatives for the endemic primate of Borneo.
Malaysia Seeks Trade Opportunities In Egypt
25/07/2011 (The Egyptian Gazette) - In a bid to bolster trade opportunities between Egyptian and Malaysian partners in the field of Malaysian palm oil, the Malaysian Palm Oil Council (MPOC) and the Malaysian Palm Oil Board (MPOB), in collaboration with the Chamber of Food Industries, held a seminar on palm oil last Thursday.
Distributor Order 2011 Conflicting With Competition Act
25/07/2011 (Financial Express) - M S Siddiqui, Commerce Ministry of Thailand proposed two solutions to palm oil shortages problem. They proposed to import additional quantity of palm oil in an attempt to solve product shortage. The private sector was unable to cope with the delivery cost. In addition to the price of raw palm oil sold in Malaysia at 39-40 baht (Thai Currency) per liter, the costs of bringing it into Thailand will inevitably hike the price of imported palm oil.
New Govt To Be Urged To Set Up Separate Body For Palm Oil
25/07/2011 (The Nation) - The Palm Oil Industry Club under the Federation of Thai Industries (FTI) is to propose that the new government pass a new bill and set up an independent organisation to develop and supervise oil-palm agriculture and the palm-oil industry throughout the value chain.
Palm Oil Likely To Stay At Current Levels
25/07/2011 (The Star) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to stay on current levels with an upside bias this week.
Pheu Thai To Continue Price Controls
25/07/2011 (The Nation) - The Pheu Thai-led government intends to continue to control the prices of goods in a bid to restrain expected high inflation after the launch of its promised policies, particularly the minimum wage rise and rice pledging scheme.
Cheap Packets Going Fast As Festive Season Nears
25/07/2011 (The Star) - Subsidised cooking oil in 1kg packets have been flying off the shelves over the last few weeks, causing a shortage of supply in grocery stores and hypermarkets in several states in the country.
Palm Oil Drops After Rally Amid Speculation Output May Climb
22/07/2011 (Bloomberg) - Palm oil dropped as a rally to the highest level in four weeks may have prompted some investors to sell the commodity amid concerns that output may be rising.
