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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
VEGOILS-Palm at 5-Week High on Euro Zone Agreement
28/10/2011 (Reuters) - Malaysian palm oil futures rose to a five-week high on Thursday, as a euro zone debt deal boosted investor sentiment, with higher crude prices and lower output expectations offering additional support.
MMTC Invites Bids for 22,000 T Palmolein Import
28/10/2011 (Hindu Business Line) - State-owned trading firm MMTC has invited bids for the import of about 22,000 tonnes of RBD palmolein for sale in the domestic market.
Food Exports up By 38.5pc
28/10/2011 (The News International) - Pakistan’s food exports rose by 38.5 percent to $993.71 million in July-September 2011 quarter from $717.45 million, showed figures released by the Federal Bureau of Statistics (FBS).
Malaysia Stocks: Dutaland, Hibiscus Petroleum, Supermax, YTL
28/10/2011 (Bloomberg) - Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur.
IOI, Dutaland in War of Words Over Termination of RM830mil Deal
28/10/2011 (The Star) - Dutaland Bhd and IOI Corp Bhd waged a war of words via Bursa Malaysia website regarding the termination of a proposed acquisition of a large piece of oil palm plantation land in Sabah that was to cost IOI Corp Bhd RM830mil.
Markets Up on EU Plan to Contain Euro Zone Crisis
28/10/2011 (The Edge Malaysia) - Asian markets rallied on Thursday, Oct 27 after euro zone leaders struck a deal to contain the euro crisis, with the key indices up between 1% and 1.7%.
Palm Oil Struggles For Sustainability
27/10/2011 (Financial Times) - Global efforts to put the $50bn palm oil industry on a sustainable footing are under threat because of lack of support from fast-food chains and other end-users, according to GreenPalm, a supporter of the initiative.
IOI Cancels RM830Mil Plan to Buy Sabah Land
27/10/2011 (The Star) - IOI Corp Bhd has terminated its proposed acquisition of 11,977.91ha of oil palm plantation land in Sabah from Dutaland Bhd for RM830mil.
Neste Oil Surprises Market With Better-Than-Expected Q3 Result
Activists protesting against use of palm oil stage protest outside Neste headquarters.
