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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
Cautious Optimism in Stores as Rationing Eases
24/02/2011 (Bangkok Post) - Consumers are feeling slightly less worried about the palm oil shortage after some leading retailers have begun allowing them to buy more than one bottle of cooking oil per visit.
Indonesia Keeps March Palm Oil, Cocoa Export Tax Unchanged
24/02/2011 (Reuters) - Indonesia will keep its palm oil and cocoa bean export tax for March unchanged from February at 25 percent and 10 percent respectively, a trade ministry official said on Wednesday, confirming an earlier Reuters report.
Soya Oil Declines on Fresh Selling
24/02/2011 (Commodity Online) - The refined soya oil futures witnessed a positive trend in early trade of Tuesday on extended short covering.
Palm Oil Advances on Soyabean, Oil Price Gain, Output Forecast
23/02/2011 (Bloomberg) - Palm oil gained for the first time in six days as prices of soyabeans and crude oil rallied, while ECM Libra Capital Sdn. forecast an increase in production.
Crude Palm Oil Futures Remain Up on Global Cues
23/02/2011 (Business Times) - Crude palm oil futures prices rose further by adding 0.16 per cent to Rs 564.20 per 10 kg today on sustained buying by traders on the back of firm global trends.
Soya-Oil Exports Jump to Record as Palm Declines, Oil World Says
23/02/2011 (Bloomberg) - Soyabean-oil exports jumped to a record in the October-January period as shipments of rival palm oil decreased, Oil World said.
Global CPO Production To Increase Post La Nina
23/02/2011 (Borneo Post Online) - Relevant crude palm oil (CPO) authorities; Oil World and the US Department of Agriculture have both given rather exuberant forecasts for global CPO production this year.
RI Should Speed Up FTA Talks With India: Gapki
23/02/2011 (The Jakarta Post) - The Association of Indonesian Palm Oil Producers (Gapki) called on the government to speed up negotiations of a free trade agreement with India to protect Indonesia’s palm oil market following last week’s India-Malaysia Free Trade Agreement (FTA). The India-Malaysia FTA would allow Malaysian firms to get better concessions for palm oil and refined products.
COOKING OIL - 33m Litres To Be Available In 15 Days
23/02/2011 (The Nation) - The National Oil Palm Policy Committee confirmed yesterday that 33 million litres of cooking palm oil would enter the market within 15 days and the government would make a total subsidy allocation of Bt214 million to the Energy Ministry and producers of cooking palm oil.
