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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
BOPP Declares GH¢1.87 Million Dividend to Shareholders
18/05/2011 (Ghana News Agency) - The Benso Oil Palm Plantation (BOPP) Limited has declared a total dividend of GH¢1.87 million following a profit after tax of GH¢2.67 million posted in 2010.
Govt Temporarily Stops Allowing Foreign Investment in Oil Palm Sector
18/05/2011 (Antara News) - The government has temporarily stopped allowing foreign investors to develop new oil palm plantations so as to give opportunities to local businessmen, Forestry Minister Zulkifli Hasan said.
Fall in Commodity Prices Seen as Temporary
18/05/2011 (The Star) - Growth concerns and inflationary pressure continue to plague the commodity markets, which are experiencing the worst rout since 2008 when the subprime crisis came to a head.
Glenealy Set to Record Robust Growth – Analyst
18/05/2011 (Borneo Post) - Glenealy Plantations Bhd (Glenealy), an upstream planter, is expected to register strong production growth at least for the next few years in view of its young age profile and further expansion plans in Indonesia.
Proposal for European Palm Oil Council to Be Finalised
16/05/2011 (Borneo Post) - Malaysia and Indonesia will finalise the proposal to set up a European palm oil council (Epoc) by yearend to more effectively address negative publicity on palm oil in the European Union (EU).
Good CPO Price Offsets Impact of Strengthening Ringgit
16/05/2011 (The Star) - Despite the strengthening of the ringgit against the US dollar, the current CPO price of about RM3,300 per tonne is still good for local oil palm companies.
GSIAC To Push Innovation In Malaysia\'s Economic Transformation
16/05/2011 (Bernama) - Renowned members of the Global Science and Innovation Advisory Council (GSIAC), which will be set up here next week, will provide valuable input and a fresh perspective to uplift Malaysia\'s economy by hastening innovation, leveraging on the nation\'s strength in information and communications technology and improving science and engineering education and skills.
Indonesia Battles Forest Fire on Sumatra Island
16/05/2011 (AFP) - Indonesia has sent 120 firefighters to battle blazes from peatland areas that are causing unhealthy levels of pollution in neighbouring Malaysia, an official said.
Edible Oils Rebound on Millers Buying, Global Cues
16/05/2011 (Hindu Business Line) - Select edible oil prices recovered at the wholesale oils and oilseeds market during the week on buying by vanaspati millers, driven by ongoing marriage season amid a firming global trend.
