Palm market news
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EU Seen Continuing Palm Oil Use For Biofuels - Analyst
(30 Sep, 2010)
The European Union is unlikely to ban the use of palm oil as a biofuel due to fears it may push up prices, a senior economist with agricultural analyst LMC International Ltd. said Thursday.
Palm Oil Gains, Poised for First Quarterly Gain in Three
(30 Sep, 2010)
Palm oil, poised to post its first quarterly gain in three, climbed ahead of a report on U.S. inventories of soybeans, used to make a rival oil.
Palm Oil Posts Biggest Drop in Five Weeks on Soybean Outlook
(30 Sep, 2010)
Palm oil dropped from the highest close in more than 16 months, posting the biggest one-day drop in five weeks on concern supplies are improving and as U.S. soybean stockpiles are forecast to rise. Soybeans declined.
Indonesia PT KPB Sells 11,000 Tons CPO At Auction Thursday
(30 Sep, 2010)
Indonesia's PT KPB Nusantara sold 11,000 metric tons of crude palm oil in a government auction, the agency said in a statement Thursday.
Asian Crude Palm Oil Ends Up; Higher Exports, Soyoil Support
(30 Sep, 2010)
Crude palm oil futures on the Bursa Malaysia Derivatives rose Thursday, boosted by improved September export data and a rally in e-CBOT soyoil.
Malaysian Cash Market Prices For Palm Oil - Sep 30 at 1000 GMT Thursday
(30 Sep, 2010)
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Thursday, supplied by commodity broker Matthes & Porton Bhd.
Indonesia Astra Agro Sells 8,000 Tons CPO Thursday
(30 Sep, 2010)
Indonesia's PT Astra Agro Lestari (AALI.JK) said in a statement Thursday that it sold 8,000 metric tons of crude palm oil offered in an auction.
MARKET TALK: BMD CPO Futures Up; Short Covering, Export Data
(30 Sep, 2010)
BMD CPO futures extend gains on short covering, better-than-expected SGS export data, in tandem with higher soyoil futures.
MARKET TALK: Malaysian Cash Palm Olein Up On BMD CPO Futures
(30 Sep, 2010)
Malaysian cash palm olein offered higher tracking CPO futures. "Demand has been sporadic, with some trades done so far.
Malaysia September Palm Oil Exports 1.50 Mln Tons - SGS
(30 Sep, 2010)
-Malaysia's palm oil exports in September rose 30% compared with August to 1.50 million metric tons, cargo surveyor SGS (Malaysia) Bhd. said Thursday.

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