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MARKET DEVELOPMENT  
  17-12-2014

VEGOILS-Market Factors to Watch Dec 17

17/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT  
  17-12-2014

New EU Label Calls Palm Oil What it is

17/12/2014 (Deutsche Welle) - Until recently, palm oil was labeled "vegetable oil" on ingredients lists. A new regulation is changing that: if products contain palm oil, they will be labeled as such.

MARKET DEVELOPMENT  
  17-12-2014

Indonesia Lax When Illegal Loggers Clear Forests for Palm Plantations

17/12/2014 (Thomson Reuters Foundation) - A drop in world palm oil prices is not expected to slow illegal logging in Indonesia's rainforests as companies continue to expand plantations, according to a new report.

MARKET DEVELOPMENT  
  17-12-2014

Analysis: The Virtue of Strengthening Domestic Palm-oil Market

17/12/2014 (Jakarta Post) - As crude palm oil (CPO) becomes Indonesia’s main export commodity, it is not sinful to have the idea of switching the focus of our CPO market from export oriented to domestic oriented. By having that approach, what this article means is balancing the market between export and domestic demand. The most obvious benefit to having more depth in the CPO market domestically is anticipating the impact of global economic fluctuations.

MARKET DEVELOPMENT  
  17-12-2014

REA Harvests, Processes More, But Lower Palm Oil Prices Hit Profit

17/12/2014 (Alliance News) - Crude palm oil producer REA Holdings PLC Tuesday said it harvested, processed and sold more fresh fruit bunches in the first 11 months of 2014, although it said lower crude palm oil and crude palm kernel oil prices have hit profits in the second half.

MARKET DEVELOPMENT  
  17-12-2014

India Soybean Futures Fall; Chickpeas Rise on Output Concerns

17/12/2014 (Reuters) - Indian soybean futures fell on Tuesday tracking a sluggish international market while rapeseed edged up on thin supply of the old crop in spot markets.

MARKET DEVELOPMENT  
  17-12-2014

Malaysia Extends Export Duty Exemption on Crude Palm Oil Until Jan

17/12/2014 (Reuters) - Malaysia, the second-largest palm grower, extended its export duty exemption on crude palm oil until January, a circular from the Malaysian customs department showed on Tuesday.

MARKET DEVELOPMENT  
  17-12-2014

Evonik Exec Says 2015 Will be the Year of Sustainability for the US Cosmetics Industry

17/12/2014 (CosmeticsDesign.com USA) - A Sustainability is likely to be the defining element for the cosmetics industry in North America, according to Evonik’s North America personal care vice president, Paul Washlock, who believes that the industry is responding to the demands of a better informed consumers.

MARKET DEVELOPMENT  
  16-12-2014

VEGOILS-Market Factors to Watch Dec 16

16/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT  
  16-12-2014

Palm Oil to Test Supports, Rise

16/12/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives were lower on Monday pressured by falling crude prices. This was despite a broadly weakening ringgit and modest gains in export figures for the first half of December. Expectations of lower output in December seem to be supporting prices at lower levels though.

MARKET DEVELOPMENT  
  16-12-2014

Thai Energy Giant PTT to Sell Indonesia Palm Oil Business

16/12/2014 (Reuters) - Thailand's PTT PCL (PTT.BK) on Monday said it will sell its palm oil business in Indonesia for an undisclosed sum by June next year, as the top Thai energy company moves to divest non-core operations.

MARKET DEVELOPMENT  
  16-12-2014

Economists Hail Export Council Plan

16/12/2014 (New Straits Times) - The government’s plan to set up the National Export Council will help identify and bolster exports to new and emerging markets as well as boost the sale of new value added products overseas.