Daily biz updates for 2009-09-30
CPO futures fell RM2 to RM2,103 per mt, New York crude oil up 46cents to US67.17 a barrel, while gold rose US3.90 to US996.55 an ounce # Powered by Twitter Tools.
Monthly Archives: September 2009
India Must Restore Import Duties on Vegetable Oils (Update2)
India, the biggest buyer of edible oils after China, may restore duties by March to protect local oilseed farmers from cheaper overseas purchases of cooking fat, said Dorab Mistry, director of Godrej International Ltd. Farmers sowed oilseeds to 16.74 million hectares, down from 17.98 million …
Malaysia To Continue Export Promotion Activities
Malaysia will continue its export promotion activities to boost growth over the long term,International Trade and Industry Minister, Datuk Mustapa Mohamed said on Thursday. “We do not do short term export promotion activities. We will continue to promote exports aggressively in traditional and non-traditional markets …
CPO futures fell RM2 to RM2,10…
CPO futures fell RM2 to RM2,103 per mt, New York crude oil up 46cents to US67.17 a barrel, while gold rose US3.90 to US996.55 an ounce
Rays of recovery – Acerinox may post good profit in Q3
Bloomberg reported that Acerinox SA expects to make its first profit since the second quarter last year as European and US customers replenish dwindling stockpiles. Mr Rafael Naranjo chairman & CEO of Acerinox SA said that Acerinox is operating at 75% to 80% of record …
At 5.20pm, CPO futures fell RM…
At 5.20pm, CPO futures fell RM43 per tonne to RM2,103; oil in electronic trading was lower at US$68.28 per barrel.
At 2.03pm, CPO futures lost RM…
At 2.03pm, CPO futures lost RM45 per tonne to RM2,101; oil in electronic trading was lower at US$68.43 per barrel.
Are we on track for recovery? part 2
Following earlier post specific to Malaysia, following from The Straits Times touches on the same topic. Another piece of positive news towards the path for recovery. Sustainable? Or temporary bounce? Again, read on and you decide.. Out of the abyss NEW DELHI, Sept 22 — …
RPA Considering Reclaiming STEC To Increase Storage Space
SIBU, Sept 19 (Bernama) — The Rajang Port Authority (RPA) here is seriously contemplating reclaiming the Sibu Trade And Exhibition Centre (STEC) and its adjacent space. Its chairman Vincent Goh Chung Siong told reporters here Saturday that this might be done as part of measures …