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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
China, Malaysia pledge to seek stronger economic cooperation
20/04/2011 (Xinhua) - China and Malaysia on Tuesday pledged to work more closely in trade and economic areas ranging from machinery and energy to fishery and forestry.
Asian Palm Oil: Limited Supply
19/04/2011 (Financial Times) - Palm oil groups have known for a long time that the supply of land for planting is running out in Indonesia and Malaysia, the world’s biggest producers, but the question of exactly when has been the focus of recent discussion. So it’s fascinating to see research from Kuala Lumpur based Nomura analyst Ken Arieff Wong, concluding that the deadline could be as little as nine years away.
MPOC Objects To Palm Oil Labelling
It is in Australia to voice concerns over the issue.
Palm Oil Boost For MP Evans
19/04/2011 (Investors Chronicle) - strong rise in palm oil prices and a return to profitability in the Australian beef cattle operation increased profits for MP Evans last year. And post-tax earnings were further boosted by a 31 per cent rise in profits to over to $13m (£8m) from the group's share in a number of associated ventures.
Palm Oil Tankers To Be Equipped With GPS By Year-End, Says Dompok
19/04/2011 (Bernama) - Palm oil tankers will be fitted with the "Global Positioning System" by year-end, says Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.
Palm oil lobby attacks World Bank\'s new social and environmental safeguards
19/04/2011 (Mongabay.com) - Groups funded by the palm oil industry lashed out at the World Bank's new framework to resume lending to the palm oil sector.
Pakistan likely to import record 2.16m tons edible oil: USDA
19/04/2011 (The News International) - PakistanÃs edible oil imports are likely to go up by five percent in 2011/12 to a record 2.16 million tons, a report of United States Department of Agriculture (USDA) said.
Indonesia Loses Forests as Politicians Bicker
19/04/2011 (Jakarta Globe) - Indonesia is losing forest area about four times the size of Jakarta as politicians continue to bicker over a moratorium on cutting down trees.
Collateral Damage : Commodity Prices To Take A Hit, Thanks To Budget 2011-12
19/04/2011 (Business Today) - If you are a commodity investor invested in iron ore, palm oil or chana alias chickpea, or are planning to put some money in these commodities, it may be worth taking a closer look at the recent budget proposals. Finance Minister Pranab Mukherjee has proposed to hike export duty on iron ore and has also allocated Rs 300 crore each for promoting palm oil and pulses production. Chana being the lone member of the pulses family that is traded on the commodity exchanges will feel the heat.
