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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
MCX CPO Declines on Global Cues
09/08/2011 (Commodity Online) - Crude palm oil futures declined on Monday tracking weak global markets and on sluggish demand in the local markets.
Palm Oil Down on Global Growth Worries
09/08/2011 (Business Recorder) - Prices of vegetable oils in the European market fell on Monday on concerns about global economic growth following the United States credit rating downgrade, traders said. Improved weather conditions in the US also pressured the prices, traders said.
MPOC Says Palm Oil Unlikey to Fall Below M$3,000
09/08/2011 (UkrAgroConsult) - Malaysian palm oil futures are unlikely to fall below M$3,000 ($996) per tonne due to higher exports although the debt crisis in Europe and other parts of the world may affect some purchases, an industry official said today.
IOI Corp Leads Malaysian Planters Lower
09/08/2011 (Business Times) - IOI Corp fell the most in 30 months in Kuala Lumpur trading, leading a drop by Malaysian plantation companies after palm oil futures slumped for a third day to a one-month low.
MIDF Research Reduces CPO Price Forecast By -5.8 Per Cent To RM3,200 PMT
09/08/2011 (Bernama) - MIDF Research is revising downward its average crude palm oil (CPO) price forecast for 2011 by -5.8 per cent from RM3,400 per tonne to RM3,200 per tonne.
Firms Raise Prices as Raw Materials Eat Into Margins
09/08/2011 (Livemint) - Operating profit margins of consumer goods firms were squeezed by higher raw material costs in the April-June quarter, forcing them to cut on advertising and increase product prices.
Commodities Slump To Ease Kenya\'s Inflation
09/08/2011 (Business Daily) - The fall in commodity prices at the international market amid fears of a slowdown of the global economy is set to reduce exposure to imported inflation and exchange rate instability.
Oil Palm Plantation Owners Praise Department’s Proactive Move
09/08/2011 (The Star) - The Sarawak Oil Palm Plantation Owners Association (Soppoa) is happy with the state Immigration Department “for being very cooperative†during the Legal Foreign Workers Biometric Registration Programme.
Indonesia\'s JFX To Launch Sharia-backed Commodity Products
09/08/2011 (Reuters) - The Jakarta Futures Exchange (JFX) will launch sharia-compliant commodity contracts in September, an official said.