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MARKET DEVELOPMENT  
  20-10-2015

Food, Ag Firms Pledge To Combat Climate Change

20/10/2015 (Agri-Pulse) - Many of the nation's top agriculture, food and biofuel companies have pledged to reduce greenhouse gas emissions as the White House tries to build a case for an international climate agreement.

MARKET DEVELOPMENT  
  20-10-2015

Crude Palm Oil Falls By 0.7% on Low Demand

20/10/2015 (Business Standard) - Crude palm oil prices were down 0.74% at Rs 413.70 per 10 kg in futures trade today after traders reduced their exposure, triggered by muted demand at the spot market.

MARKET DEVELOPMENT  
  19-10-2015

VEGOILS-Market Factors to Watch Oct 19

19/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT  
  19-10-2015

Sarawak Rejects Trade Barriers

19/10/2015 (New Straits Times) - The Malaysian Palm Oil Board data showed that Sarawak produced 3.4 million tonnes of crude palm oil (CPO) last year. This year, with more trees maturing, the state is expected to achieve 3.5 million tonnes.

MARKET DEVELOPMENT  
  19-10-2015

Edible Oils Extend Gains on Millers Fresh Buying

19/10/2015 (Hindu Business Line) - Edible oils extended gains for yet another week at the wholesale oils and oilseeds market on continued buying by vanaspati millers and retailers to meet ongoing festive and wedding season demand amid positive global cues.

MARKET DEVELOPMENT  
  19-10-2015

Edible Oil Units in AP, Telangana Want VAT Refund

19/10/2015 (Hindu Business line) - At a time when industries’ clamour for sops has become perpetual, edible oil refiners want Andhra Pradesh and Telangana governments to bring their units in the negative list for incentives.

MARKET DEVELOPMENT  
  19-10-2015

Sustainability Pledge Proves an Obstacle For Government Hungry For More Palm Oil

19/10/2015 (Jakarta Globe) - The Indonesian government is taking a major step backward from efforts to develop a sustainable palm oil industry, critics contend, as it sidelines a “zero deforestation” pledge by the country’s five biggest producers of the commodity in favor of economic nationalism.

MARKET DEVELOPMENT  
  19-10-2015

Farmers Seek Higher MSP

19/10/2015 (Hindu Business Line) - More than 60,000 oil palm farmers in the twin Godavari districts has been incurring huge losses from past several years. After investing on a large scale have on the crop, the slump in the minimum support price (MSP) over the years is taking a toll, they say, adding that increase in labour cost and farm inputs is adding to their woes.

MARKET DEVELOPMENT  
  19-10-2015

Nirmala Rules Out Raising Import Duty on Crude Palm Oil

19/10/2015 (Hindu Business Line) - Ruling out the possibility of a hike in import duty on crude palm oil from 12 per cent to 50 per cent as a measure to protect the interests of domestic farmers, Union Minister of State for Commerce and Industry Nirmala Sitaraman has said that such a ‘drastic step’ would be seen as a barrier to international trade.

MARKET DEVELOPMENT  
  19-10-2015

Reports Demystify Palm Oil Myths, Expose Benefits

19/10/2015 (The Nation) - For months now, I have been planning on writing this piece but because it is not time bound, I always pushed it aside to attend to time-bound stories.

MARKET DEVELOPMENT  
  19-10-2015

“Plant Now, Take Care” Targets 1M Oil Palm Seedlings Planted

19/10/2015 (Sun.Star) - A P1 billion government investment on oil palm promises to convert poverty to prosperity.

MARKET DEVELOPMENT  
  19-10-2015

Vegetable Oils May Not Be As Healthy As Advertised

19/10/2015 (Leadership) - With scientists advising against many cooking oils like olive claimed to produce toxic chemicals when heated – what should you use instead?