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MARKET DEVELOPMENT  
  17-05-2012

Crude Palm-Oil Futures Volume Reaches Record 63,019 Contracts

17/05/2012 (Bloomberg) - Crude palm-oil futures traded a record 63,019 contracts on the Malaysia Derivatives Exchange today, surpassing the previous all-time high of 48,741 contracts on Nov. 17, the bourse said.

MARKET DEVELOPMENT  
  17-05-2012

Rotterdam Vegetable Oil Prices

17/05/2012 (Business Recorder) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

MARKET DEVELOPMENT  
  17-05-2012

Sabah Set To Be Oil Palm Biomass Devt Centre

17/05/2012 (Borneo Post) - Sabah could become Malaysia’s centre of oil palm biomass development under the National Biomass Strategy, said chief executive officer of POIC Sabah Sdn Bhd, Datuk Dr Pang Teck Wai.

MARKET DEVELOPMENT  
  17-05-2012

VEGOILS-Palm Hits New 3-Mth Low as Greek Political Crisis Drags

17/05/2012 (Reuters) - Malaysian palm oil futures tumbled to their lowest in more than three months on Wednesday, as traders feared a prolonged political crisis in Greece could slow the global growth momentum and dampen commodity demand.

MARKET DEVELOPMENT  
  17-05-2012

Decelaration In Palm Output To Boost Palm Oil Prices, Says Stanchart

17/05/2012 (Bernama) - A severe structural slowdown in crude palm oil (CPO) output is under way and the downtrend is expected to worsen over coming seasons, says Standard Chartered.

MARKET DEVELOPMENT  
  17-05-2012

Following Major Investments, Norpalm Ghana Increases Quality, Efficiency of its Palm Oil Production Processes, in African Business Review (Press Release)

17/05/2012 (African Business Review) - In a report in African Business Review, the success of Norpalm plantation, which spans 4,500 hectares and is one of the oldest palm estates in Ghana, is examined. Operations commenced in the 1960s and the plantation was owned by the state until 2000, when it was divested and sold to Norpalm Ghana Ltd (NGL).

MARKET DEVELOPMENT  
  17-05-2012

Pahang Continues Balanced Economic Policy To Achieve Development State In 2020

17/05/2012 (Bernama) - The Pahang state government will continue its policy of balanced economic development in order to achieve a developed state status by year 2020, said Menteri Besar Datuk Seri Adnan Yaakob.

MARKET DEVELOPMENT  
  17-05-2012

Fidelity, Value Partners Among Felda Cornerstones-Source

17/05/2012 (Reuters) - Fidelity Investments and Hong Kong's Value Partners have agreed to make cornerstone investments in the proposed listing of Malaysia's Felda Global Ventures, a source directly involved in the listing said on Wednesday.

MARKET DEVELOPMENT  
  17-05-2012

Price of Palm Oil for Cooking Remains Unchanged

17/05/2012 (Pattaya People) - On Sunday morning, the Minister of ICT, His Excellency Air Force Capt. Anudit Nakorntab visited a palm oil manufacturer in the Nongyai District of Chonburi.

MARKET DEVELOPMENT  
  16-05-2012

VEGOILS-Palm Oil Rebounds on Bargain Hunting, Europe Caps

16/05/2012 (Reuters) - Malaysian palm oil futures rebounded on Tuesday, supported by bargain hunting after prices fell to a three-month low in the previous session, although concerns remained that demand could be hit if Greece exits the euro zone.

MARKET DEVELOPMENT  
  16-05-2012

Indonesia’s Kharisma Sells 13,000 Tons of Palm Oil

16/05/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 13,000 metric tons of 16,500 tons of the commodity it offered at an auction in Jakarta.

MARKET DEVELOPMENT  
  16-05-2012

FGVH Identifies Partners To Emerge World\'s Biggest, Respected Commodity Company

16/05/2012 (Bernama) - Felda Global Ventures Holdings Bhd (FGVH) has signed two agreements with two renowned companies, which Prime Minister Datuk Seri Najib Tun Razak, said would allow the soon-to-be-listed entity to emerge as one of the world's biggest and respected commodity company.