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KUALA LUMPUR: Crude palm oil (CPO) stockpiles in Malaysia are likely to continue to swell to a three-year high as production in the world’s second-biggest grower increased, said CGS-CIMB Futures Sdn Bhd.
SINGAPORE (The Straits Times/Asia News Network): A surveyor, tasked to check on the quantity of cargo such as fuel loaded into the tanks of vessels, accepted bribes totalling US$15,000 (S$21,220) on three occasions between 2014 and 2015.
Singapore News - A surveyor, tasked with checking on the quantity of cargo such as fuel loaded into the tanks of vessels, accepted bribes totalling US$15,000 (S$21,220) on three occasions between 2014 and 2015. Jasbir Singh Paramjit Singh, who was then working for Intertek Testing Services,... Read more at www.tnp.sg
JAKARTA (Sept 30): Malaysian palm oil futures climbed for a second day on Friday, tracking gains in soyoil and crude oil prices, but the contract fell for a fifth straight month on concerns about oversupply and weakening demand.
JAKARTA: Malaysian palm oil futures are down more than 8% as they hit their lowest in 15 months, after a leading industry analyst warned that prices would plunge by more than 30% by the end of this year due to ample supply and weaker demand.