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NEWS FEED
HIGHLIGHTS
Palm Oil Futures Fall on Talk Supply May RiseFriday, 03 Jul 2009Palm oil futures fell in Malaysia, set for a weekly drop, as buyers hold off purchases on speculation supply will rise this quarter, damping prices.
“We’re hitting the peak of production season,” Ivy Ng, a plantation analyst at CIMB Investment Bank Bhd said by phone from Kuala Lumpur today. “There’s no rush to buy now.” Third- quarter output is typically the highest every year, she said.
Palm oil for September delivery dropped as much as 2.4 per cent to RM2,123 (US$602) a metric ton on the Malaysia Derivatives Exchange. The most active contract was at RM2,146 at 11:30 am local time, taking the week’s loss to 7.5 per cent. Palm oil prices have gained 26 per cent this year, on optimism of higher demand.
Indonesia, the world’s largest palm oil producer, sold half of the 18,000 tons of the tr.. Read More
Palm Oil Futures Fall on Talk Supply May Rise
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July 03, 2009
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July 01, 2009
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IOI Corp Bullish on Palm Price in Q3
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July 01, 2009
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India Seeks Palm Oil Import Delays - Oil World
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June 30, 2009
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Palm Oil Trade Fair and Seminar (POTS) Turkey 2009Monday, 29 Jun 2009The Malaysian Palm Oil Council (MPOC) and theMalaysian Palm Oil Board (MPOB) are pleased to announce that theMalaysia-Turkey Palm Oil Trade Fair and Seminar (POTS) will be held on3 - 4 August 2009 at the Ceylan Intercontinental Hotel, Istanbul,Turkey. Click here to download the brochure This inaugural POTS wasmooted to acknowledge the importance of Turkey is a discerning customerof Malaysian palm oil. The event is aimed at bringing to the attentionof the Malaysian palm oil industry the issues and challenges faced bythe Turkish end users, and to share the latest developments of theMalaysian palm oil industry. We believe that the challenges and issuescan be translated into business opportunities and partnerships whenjoint efforts are undertaken between suppliers and palm oil end users.Besides.. Read More
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