Story from PalmOil.com (http://palmoil.com)
Palm market news
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Cash and Market Prices
Indonesian Physical Palm Oil Prices Sept. 9
(09 Sep, 2011)
Following are Indonesian physical palm oil prices quoted by traders in rupiah a kilogram. The olein price includes a 10% government tax.
Indonesia PT KPB Sells 4,500 Tons CPO At Auction Friday
(09 Sep, 2011)
Indonesia's PT KPB Nusantara said in a statement Friday that it sold 4,500 metric tons of crude palm oil offered in a government auction.
Asian Crude Palm Oil Ends Up On Soyoil; Weak Demand Caps Gains
(09 Sep, 2011)
Crude palm oil futures on Bursa Malaysia Derivatives rose Friday tracking gains in Chicago soyoil and ahead of a slew of crop reports next week.
Malaysian PM Cash Market Prices For Palm Oil - Sept. 9 at 1000 GMT Friday
(09 Sep, 2011)
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO Up; Likely Lower Sept Shipments To Weigh
(09 Sep, 2011)
BMD CPO futures are higher, in step with gains on Dalian and Chicago soyoil; but gains are capped by likely lower outbound sales during the Sept. 1-10 period.
Malaysia Palm Oil Ending Stocks To Rise 9% On Year -USDA
(09 Sep, 2011)
Malaysia's palm oil ending stocks will likely rise 9% to 1.86 million metric tons in the marketing year through Sept. 30, with ample stocks expected to cap price gains though exports are strong, the U.S. Department of Agriculture said in a report.
MARKET TALK: BMD CPO Higher Midday; May Extend Gains Next Week
(09 Sep, 2011)
BMD CPO futures are higher at midday after thin morning trade. MPOB and USDA data next Monday are "widely expected to be price-friendly, so traders are inclined to cover shorts before the end of trade today ", says a commodities broker in Kuala Lumpur.
Malaysian AM Cash Market Prices For Palm Oil - Sept. 9 at 0430 GMT Friday
(09 Sep, 2011)
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO Rises On Soyoil, Crude; May Extend Gains
(09 Sep, 2011)
BMD CPO futures push higher, tracking gains in CBOT soyoil and crude-oil futures.
MARKET TALK: BMD CPO Tipped To Open MYR5-MYR10 Higher
(09 Sep, 2011)
BMD CPO futures are tipped to open MYR5-MYR10 higher on short covering and after the U.S. president unveiled a $447 billion program to boost economic growth; palm oil's sharp discount to rival crude soyoil will likely push palm prices up.
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