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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
AAK Airs Concerns on Palm Oil Claims
08/07/2011 (Bakery Info) - Edible oils and fats supplier AAK UK is warning manufacturers not to make misleading claims when buying sustainable palm oil products.
Brazil’s BSBios Considers Expansion Into U.S. Biodiesel Market
08/07/2011 (Bloomberg) - BSBios Industria e Comercio de Biodiesel Sul Brasil SA, a Brazilian biodiesel producer, may expand into the U.S. to tap the country’s growing market.
Malaysia to chalk 5.7 pct GDP — Economist
08/07/2011 (Borneo Post) - Signs that Malaysia’s export growth has moderated again in the second quarter (Q2) have led to some concerns regarding Malaysia’s growth momentum going forward, despite private consumption growth having accelerated in Q1.
Ringgit To Appreciate To RM2.95 Vs US Dollar, Says Stanchart Economist
08/07/2011 (Bernama) - The ringgit is expected to appreciate to 2.95 against the U.S. dollar in the fourth quarter of this year from 3.00 now and rise further to 2.88 by the first quarter of next year owing to risk aversion to the dollar, an economist said Thursday.
35 Items Identified To Be Under Price Control Act - Muhyiddin
08/07/2011 (Bernama) - The government has identified 35 types of essential items placed under the Price Control and Anti-Profiteering Act 2011 following the hike in prices of these goods.
RM500 million suit over NCR land dismissed
08/07/2011 (Borneo Post) - The High Court here dismissed with costs a suit brought by a group of natives against the state government and four other defendants, seeking RM500 million over the alleged denial to their customary rights to a 5,000-acre land planted with oil palm in Semporna.
Kota Marudu\'s Economic Transformation Driven By Agriculture Sector, Says Ongkili
08/07/2011 (Bernama) - Transformation of the Kota Marudu economy will continue to be driven by the agriculture sector through the adoption and infusion of modern crops and technologies, said Science, Technology and Innovation Minister Datuk Seri Dr Maximus Ongkili.
MPOC Recognises Outstanding Leaders In The Palm Oil Industry With Palm Oil Industry Leadership Award (PILA)
07/07/2011 (Bernama) – Tan Sri Bernard Dompok, Minister of Plantation Industries & Commodities, presented the fourth Palm Oil Industry Leadership Award (PILA) to Tan Sri Datuk Dr Augustine Ong Soon Hock, former Director General of PORIM (now known as MPOB), at the annual Malaysian Palm Oil Council’s Leadership Dinner held in Kuala Lumpur on 5 July, 2011.
Palm Oil May Gain as Widening Discount to Soy Oil Lifts Demand
07/07/2011 (Bloomberg) - Palm oil, little changed, may advance after a recent slump in prices widened the discount to soybean oil making it a cheaper option and as yesterday’s jump in crude oil lifted the appeal of vegetable oils as biofuel feedstock.