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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
Prices of oil, rice going out of reach
02/01/2008 (The Daily Star, Bangladesh) - Consumers in lower and middle income brackets have been hit hard by the skyrocketing prices of oil and rice over the last week with traders fearing further jumps due to price hikes on the global market.
Eco-conscious palm oil
01/01/2008 (The Star Online) - Oil palm companies are subjecting themselves to scrutiny to meet consumer demand for eco-friendly palm oil. Palm oil is heading for certification – the first tangible sign of a commitment towards sustainable production of the versatile yet controversial commodity.
India-Asean talks resume next Monday
02/01/2008 (The Bangkok Post) - India-Asean free trade talks are scheduled to resume next week and, if all goes well, a deal will be concluded in March and signed by June after missing earlier deadlines, according to Thai authorities.
Pak-Malaysia FTA to be operational from today
01/01/2008 (The Daily Times, Pakistan), Islamabad - Pakistan and Malaysia are set to enter into a free trade arrangement (FTA) from New Year today under Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA) 2008-2014.
Indonesia to double palm oil export taxes
28/03/2008 (ICIS News), Singapore - Indonesia will double the taxes slapped on crude palm oil (CPO) exports in April to curb inflation, but oleochemical makers were cautiously optimistic that this would increase local feedstock supply and lower prices, industry sources said on Friday.
Dual income for ECER oil palm farmers
31/12/2007 (The Star Online), Kuala Lumpur - The East Coast Economic Region (ECER) plans to integrate cattle rearing in oil palm lands will provide dual income to oil palm farmers and can create 6,000 new job opportunities for the region, said Malaysian Palm Oil Board’s director-general Datuk Dr Mohd Basri Wahid.
Pak developments push crude, gold price higher
30/12/2007 (The Hindu Business Line), Mumbai - Commodity markets were shaken out of the laidback style that usually marks this time of the year, the holiday season. Perceived geopolitical risk following political developments in Pakistan on Thursday had an immediate impact on the crude market and on gold as well.
Centre bans palm oil import through Kerala
29/12/2007 (Newindpress.com), New Delhi - Centre has banned the import of palm group of oils through all the ports located in Kerala. R S Gujral, Director General of Foreign Trade, Union Commerce Ministry in a notification on Wednesday banned the imports of palm oil and its fraction, whether or not chemically modified, crude palm oil, other palm oil, RBD palm oil, RBD palmolein, other such oil, palm kernel oil through the ports of Kerala.
Scientists To Study Island That\'s Site Of Proposed Palm Estate
30/12/2007(Pacific Magazine) - Woodlark Island in Papua New Guinea’s Milne Bay province will become the subject of a study by U.S. scientists early next year.
