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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
Palmolien oil prices fall
28/01/2008 (The Hindu Business Line), New Delhi - Prices of palmolien oil declined by Rs 50 in the wholesale oil and oilseed market on Monday on stockists selling. However, prices of other edible oils moved in a tight range on small bouts of trade and settled at previous levels. Palmolien r bd moved down by Rs 50 to settle at Rs 5,800 a quintal on reduced offtake.
Edible oil prices drop
28/01/2008 (Commodity Online) - On Monday, global edible oil complex were pressurized by weak export data from Malaysia. Weakness in crude oil prices also dampened the market sentiments, as the oil prices play a part in directing the edible oil prices as it is also used as a raw material for biofuels.
Jatropha: the answer to oil woes
28/01/2008 (The New Vision, Uganda) - AS the volatile Middle East continues to affect global oil supply, countries like Uganda are chocking on heavy oil import costs. Crude fossil oil prices touched $100 (sh171,000) per barrel this year and are expected to reach the $150 (sh256,500) mark in two years.
Sabah’s three-pronged plan
29/01/2008 (The Star Online) - The latest ambitious blueprint for regional growth should spur the state to be on par with those in the peninsula by 2025. Chief Minister Datuk Seri Musa Aman outlines his vision for the Sabah Development Corridor.
Palm oil may test resistance, dip
27/01/2008 (Sify.com) - Malaysian palm oil futures ended higher on Friday with strong gains in soya oil and the energy complex. Exports were lower, offsetting falling production. Moreover, Chinese buying in the coming weeks are expected to be lower due to Lunar New Year holidays and production to increase simultaneously.
Soyoil up as Indonesia raises export price
25/01/2007 (The Economic Times), Mumbai - Soyoil futures rose on Friday after Indonesia raised its base export price for rival palm oil, a move that could push up domestic prices as the country imports 40 per cent of its vegetable oils.
Imports ease pressure on palm prices
28/01/2007 (The Bangkok Post) - Palm-oil prices have fallen sharply since the Commerce Ministry allowed imports of fresh palm earlier this month to ease a local shortage, says a local palm-oil producer.
Biofuel agency to be formed: Formulating policy for biodiesel and ethanol to be among main remits
28/01/2008 (The Nation Multimedia, Thailand) - A new national biofuel organisation will be formed by the end of the year and will include representatives of the government, the private sector and the public.
No letup in edible oil price hike
27/01/2008 (The New Nation, Bangladesh) - People are yet to see any letup in the price hike of edible oil, one of the most essentials, instead of continuous rising.
