20110805 1443 Crude Palm Oil Related News.

13:42 05Aug11 Reuters-
PALM OIL PRICES LIKELY TO SOFTEN TO 2,800 RINGGITS /T ON HIGHER OUTPUT, LOWER CRUDE OIL PRICES-FORUM


13:42 05Aug11 Reuters-
MALAYSIAN PALM OIL PRICES LIKELY TO SOFTEN TO 2,800 RINGGITS /T ON HIGHER OUTPUT, LOWER CRUDE OIL PRICES-FORUM


13:43 05Aug11 Reuters-
MALAYSIAN PALM OIL PRODUCTION LIKELY TO RISE BY 1 MLN T IN 2011-FORUM


13:44 05Aug11 Reuters-
MALAYSIAN PALM OIL EXPORTS LIKELY TO RISE BY 1 MLN T IN 2011 ON HIGHER OUTPUT-INDUSTRY BODY


14:00 05Aug11 Reuters-
Malaysian palm oil prices seen softening - industry body head

MUMBAI, Aug 5 (Reuters) - Malaysian palm oil prices are likely to soften to 2,800 ringgits per tonne on higher output and lower crude oil prices, the head of an industry body said on Friday.  
"We are expecting softening in prices... crude oil is down and palm production is rising," said Wan Mohd. Zain Bin Wan Ismail, chairman, Palm oil Refiners Association of Malaysia.  
The benchmark October contract on the Bursa Malaysia Derivatives Exchange is currently trading at 3,054 ringgits per tonne, but off an earlier low of 3,021 ringgits.  
Ismail expects Malaysian palm oil production and exports to rise by 1 million tonnes each in 2011. India is one of the biggest importer of Malaysian palm oil.