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Palm market news
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Asian Crude Palm Oil Rises On Fundamentals; Export Data In Focus
(24 May, 2012)
Crude palm oil futures on Malaysia's derivatives exchange rose Thursday, as traders turned their focus to fundamentals, brushing aside bearish macroeconomic factors such as Europe's persistent sovereign debt issues, a possible Greek exit from the euro zone and weak China manufacturing data.
Indonesian Physical Palm Oil Prices May 24
(24 May, 2012)
Following are Indonesian physical palm oil prices quoted by Singapore-based Commodity Links Pte. Ltd in U.S dollar per ton.
Indonesia Astra Agro Sells 10,000 Tons CPO Thursday
(24 May, 2012)
Indonesia's PT Astra Agro Lestari (AALI.JK) said in a statement Thursday that it sold 10,000 metric tons of crude palm oil offered in an auction.
Indonesia PT KPB Sells 11,000 Tons CPO Thursday
(24 May, 2012)
Indonesia's PT KPB Nusantara said in a statement Thursday that it sold 11,000 metric tons of crude palm oil offered in a government auction.
Malaysian PM Cash Market Prices For Palm Oil - May 24 at 1000 GMT
(24 May, 2012)
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Thursday supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO Edges Upward; Export Data In Focus
(24 May, 2012)
BMD CPO futures edge upward on expectations of strong May 1-25 Malaysia export data
MARKET TALK: BMD CPO Rises On Short Covering; Resistance MYR3,060
(24 May, 2012)
BMD CPO futures rebound on short covering ahead of Malaysia May 1-25 export data from cargo surveyors Intertek and SGS due Friday, a Kuala Lumpur-based trading executive says
MARKET TALK: Malaysia Cash Palm Oil Falls; BMD CPO Strong Support MYR3,000
(24 May, 2012)
Malaysian cash palm oil prices fall, reflecting BMD CPO. Cash palm oil is offered at MYR3,050/ton, down MYR30 from Wednesday
Malaysian AM Cash Market Prices For Palm Oil - May 24 at 0430 GMT
(24 May, 2012)
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Thursday, supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO To Average MYR3,300/Ton In 2Q, Up 1.7% -Rabobank
(24 May, 2012)
Despite their recent tumble, BMD CPO futures will average MYR3,300/ton in the second quarter of this year, up 1.7% on quarter, reflecting strong fundamentals, says Pawan Kumar, associate director at Rabobank