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Palm market news
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Cargill continues trade with questionable palm oil supplier
(09 Sep, 2010)
US largest food group, Cargill, refuses to stop buying palm oil from Indonesian Sinar Mas group, which is accused of illegal deforestation. Burger King joins Nestle and others in criticising these illegal activities.
No PT KPB Nusantra CPO Auctions Friday, Monday
(09 Sep, 2010)
Indonesia's PT KPB Nusantara won't hold crude palm auctions Friday and Monday due to public holidays. Reports of auction results are expected to resume Tuesday.
No Indonesia Astra Agro CPO Auction Fri, Monday
(09 Sep, 2010)
Indonesia's PT Astra Agro Lestari (AALI.JK) won't hold crude palm auctions Friday and Monday due to public holidays. Auctions are expected to resume Tuesday.
MARKET TALK: BMD CPO Items Not Available Fri; To Resume Monday
(09 Sep, 2010)
BMD CPO futures items will be unavailable Friday as the market is closed for a public holiday. The items will resume Monday.
Asian Palm Oil Falls On Dalian Plunge, Pre-Holiday Position Squaring
(09 Sep, 2010)
Crude palm oil futures on Malaysia's derivatives exchange ended lower in holiday-shortened trade Thursday, tracking declines of counterparts in other markets. Intermittent profit-taking and traders squaring off their positions ahead of the Eid holidays in Muslim countries also weighed, trade participants said.
Palm-Oil Imports Into Pakistan May Drop as Floods Curb Demand, Traders Say
(09 Sep, 2010)
Pakistan, the world’s third-biggest importer of palm oil, may buy 10 percent less of the commodity in October and November than in July after the country’s worst- ever floods destroyed villages, a traders’ group said.
Malaysian Cash Market Prices For Palm Oil - Sept 9 at 0430 GMT Thursday
(09 Sep, 2010)
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Thursday, supplied by commodity broker Matthes & Porton Bhd.
Malaysia Sep 1-10 Palm Oil Exports Up 1.2% On Month - Intertek
(09 Sep, 2010)
Malaysia's palm oil exports in the first 10 days of September rose 1.2% from a month earlier to 396,684 metric tons, according to an estimate by cargo surveyor Intertek Agri Services Thursday.
MARKET TALK: BMD CPO Closes For Trading Mid-Day, To Reopen Monday
(09 Sep, 2010)
BMD CPO futures close for trading from afternoon session onward today; trading to resume Monday.
MARKET TALK: BMD CPO Trading Lower, Tracking Dalian, Soyoil
(09 Sep, 2010)
BMD CPO futures trading lower as investor sentiment damped by sharp drop on Dalian, ongoing slump in soyoil, say market participants.