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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
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.
Malaysian And Indonesian Businessmen Invited To Step Up Investments
08/08/2011 (Bernama) - International Trade and Industry Minister Datuk Seri Mustapa Mohamed said serious efforts should be taken by both Malaysian and Indonesian businessmen to step up investments in each other's country.
Indonesia\'s Palm Oil Exports Up 10%
08/08/2011 (Business Times) - China and India helped push palm oil exports from the world's top producer, Indonesia, up almost 10 per cent in the first half of the year from the same period last year, the nation's palm oil association (GAPKI) said.
Volume Growth Slowing
08/08/2011 (Financial Express) - Hindustan Unilever’s Q1FY12 recurring PAT (profit after tax) of R 5.8 bn was in line with our estimates. Operating Ebitda (earnings before interest, taxes, depreciation and amortisation) of R6.79 bn (margin of 12.3%, and +50 bps and -20 bps QoQ and YoY, respectively) was slightly ahead of our estimates. Net revenues increased 15% year-on-year to R55 bn.
UNION BANK: Reliable Support For All Farmers
08/08/2011 (Vanguard) - Union Bank has established a reputation of rendering reliable banking support services to all categories of farmers.
