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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
Palm Oil May Average RM3,400 in 2011
08/03/2011 (Business Times) - Palm oil prices may average more than RM3,400 (US$1,121) a metric ton in 2011, according to Malaysian Plantation and Commodities Minister Bernard Dompok.
Crude Palm Oil Futures Rise on Global Cues
08/03/2011 (Indian Express) - Crude palm oil traded higher by 0.18 per cent to Rs. 556 per 10 kgs in futures trade on Monday as speculators enlarged their positions influenced by a firm global trend.
Bulk of Malaysian Furniture Destined for Exports
08/03/2011 (FORDAQ) - In terms of consumer spending on furniture, Europeans and Americans spent an average of US$540 and US$300 per year respectively. However, Malaysians spent only an average of US$40 per year. Although Malaysian furniture is of international standards, most Malaysians prefer imported furniture over domestic products.
Indicators Positive for Malaysia’s Economy
08/03/2011 (The Star Online) - Strong growth in the stock market and the rally in commodity prices should augur well for the country's economy this year, said Asian Strategy and Leadership Institute (Asli) chief executive officer and director Datuk Michael Yeoh.
CPO Gets Boost from Rising Crude Oil Prices
07/03/2011 (The Star Online) - Plantation stocks are back on the radar of most brokerages as rising crude oil prices have given a boost to crude palm oil (CPO), an alternative feedstock for biofuel production.
Nigeria Must Uphold Import Ban on Palm Oil
07/03/2011 (The Guardian) - STAKEHOLDERS in the palm oil sub-sector of the Agriculture industry have charged the Federal Government to uphold the ban on importation of the commodity and its derivatives into the country.
Further Strengthening for CPO Futures
07/03/2011 (Business Times) - Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is expected to strengthen next week with the market looking for clues from the three-day Palm and Lauric Oils Conference & Exhibition Price Outlook 2011, beginning Monday.
Palm Oil Demand to ‘Outpace’ Supplies in 2011, TransGraph Says
07/03/2011 (Bloomberg) - Palm oil demand will grow this year, outpacing supplies, even as production in Southeast Asia may improve from the second quarter onwards on better weather conditions, TransGraph Consulting Pvt. said.
South India Chosen for Most of Oil Palm Boost
07/03/2011 (Business Standard) - Centre to also give 50% subsidy for new mills, technical help to cultivators.