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MARKET DEVELOPMENT  
  05-06-2013

Bursa Malaysia Prices Open Mixed On Mild Profit-Taking

05/06/2013 (Bernama) - Share prices on Bursa Malaysia opened mixed on mild profit-taking in early trading today after gaining more than 10 points at close yesterday, dealers said.

MARKET DEVELOPMENT  
  05-06-2013

[Press Release] New Webinar: RSPO (Round Table for Sustainable Palm Oil) & GreenPalm

05/06/2013 (Environmental Expert) - SGS invites you to register for the complimentary webinar 'RSPO (Round Table for Sustainable Palm Oil) & GreenPalm' on June 26, 2013.

MARKET DEVELOPMENT  
  04-06-2013

VEGOILS-Palm Almost Flat, Weak China Data Offsets Stocks Hopes

04/06/2013 (Reuters) - Malaysian palm oil futures ended almost flat on Monday, as expectations of stagnant production to ease stocks further were offset by weak data from major consumer China.

MARKET DEVELOPMENT  
  04-06-2013

Weekly Crude Palm Oil Report June 3, 2013

04/06/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives further increased this week, anticipating slower palm oil production and expecting better exports demand which would further trim the palm oil stocks in May.

MARKET DEVELOPMENT  
  04-06-2013

Nigeria: FG Confirms Massive Dumping of Crude Palm Oil On Nigeria

04/06/2013 (AllAfrica.com) - The Federal Government has confirmed the illegal flooding of Nigeria's market with large volumes of crude palm oil (CPO) import from neighbouring West African nations, under the guise of the ECOWAS Trade Liberalisation Scheme (ETLS).

MARKET DEVELOPMENT  
  04-06-2013

Palm Ends Near Seven-Week High as Demand Expands Before Ramadan

04/06/2013 (Bloomberg) - Palm oil closed near the highest level in seven weeks on speculation that food demand will rebound before the Muslim fasting month of Ramadan.

MARKET DEVELOPMENT  
  04-06-2013

Newly Created Subsidiary of Zambeef To Create 2000 Jobs in Mpika

04/06/2013 (Lusaka Times) - ZAMPALM, a newly created subsidiary of Zambeef Products located in Mpika district of Muchinga Province will create 2,000 new jobs next year as the company starts harvesting fruits and processing palm oil.

MARKET DEVELOPMENT  
  04-06-2013

Threatened Frogs Disappear with Forests: Oil Palms Endanger Amphibians in Malaysia

04/06/2013 (Science World Report) - Amphibians are one of the most threatened groups of species in the world. Now, researchers have found something else that should worry us. They\'ve discovered that oil palm plantations in Malaysia are causing threatened forest frogs to disappear as they\'re replaced by common species that move in on their turf.

MARKET DEVELOPMENT  
  04-06-2013

Indonesia Trade Deficit Underlines Commodity Weakness

04/06/2013 (Financial Times) - Indonesia suffered an unexpected trade shortfall in April as the value of key commodity exports such as coal and palm oil continued to suffer because of slower growth in China and India.

MARKET DEVELOPMENT  
  04-06-2013

Indonesia on Right Path To Saving Forests: Greenpeace

04/06/2013 (FRANCE 24) - A $1 billion deal to save Indonesia's rainforests has slowed a "tidal wave" of logging destruction, Greenpeace's global chief said Monday, but he warned much more needed to be done.

MARKET DEVELOPMENT  
  04-06-2013

Palm Produce: Minister Declares Support for Local Producers

04/06/2013 (Nigerian Tribune) - The Federal Government, through the Federal Ministry of Agriculture, has declared that it remains resolute on the high tariff of 35 per cent import duty imposed on Crude Palm Oil (CPO) in order to grow the agricultural sector and diversify the economy.

MARKET DEVELOPMENT  
  04-06-2013

State Companies Urged to Invest in the Philippines

04/06/2013 (Jakarta Globe) - A government minister has called on several Indonesian industries to look for potential in the Philippines and benefit from the country’s strong growth momentum.