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MARKET DEVELOPMENT  
  22-12-2011

Jaya Tiasa Records Higher Q2 Profit

22/12/2011 (Business Times) - Jaya Tiasa Holdings Bhd's pre-tax profit for the second quarter ended Oct 31, 2011 rose to RM57.3 million from RM41.1 million in the same quarter of 2010.

MARKET DEVELOPMENT  
  22-12-2011

Press Release: Bunge to Acquire Edible Oils and Fats Business of Amrit Banaspati in India

22/12/2011 (PR Newswire) - Bunge India Private Limited, a wholly owned subsidiary of Bunge Limited /quotes/zigman/288539/quotes/nls/bg BG -0.54% ("Bunge India") and Amrit Banaspati Company Limited ("Amrit Banaspati") today announced that Bunge India has entered into definitive agreements with Amrit Banaspati and Amrit Corp. Limited ("Amrit Corp") to acquire the edible oils and fats business of Amrit Banaspati.

MARKET DEVELOPMENT  
  21-12-2011

VEGOILS-Palm Oil Flat, Lower Exports Offset Output Worries

21/12/2011 (Reuters) - Malaysian crude palm oil futures ended flat on Tuesday as traders were divided between lower export demand and expectations of heavy rains disrupting output in southeast Asia.

MARKET DEVELOPMENT  
  21-12-2011

Oil Palm Biomass Offers Huge Potential, RM30Bil in Income

21/12/2011 (The Star) - The vision to mobilise maximum utilisation of oil palm biomass to generate an additional RM30bil in income for Malaysia by 2020 needs to be fully industry-driven and well-supported by the capabilities and incentives from the Government.

MARKET DEVELOPMENT  
  21-12-2011

Astra Agro Sells 4,500 Tons of Palm Oil in Auction

21/12/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 4,500 metric tons of the 6,500 tons of palm oil it offered at an auction in Jakarta today.

MARKET DEVELOPMENT  
  21-12-2011

Higher Valuation For Kulim

21/12/2011 (The Star) - Kulim (M) Bhd will be one of the beneficiaries from the privatisation of QSR Brands Bhd and KFC Holdings (M) Bhd as it will be transformed into a pure plantation stock fetching higher valuations on the local bourse.

MARKET DEVELOPMENT  
  21-12-2011

RM1.5 Mln Dividend For 779 Landowners Receive.

21/12/2011 (Borneo Post) - Land Custody and Development Authority (LCDA) yesterday announced the disbursement of RM1.5 million interim dividends to 779 NCR landowners participating in an oil palm project in Sebungan, Bintulu.

MARKET DEVELOPMENT  
  21-12-2011

IFPRI Report Criticised For Inaccuracies

21/12/2011 (Biofuels International) - The German biofuels association UFOP has dismissed claims in a new report carried out by the International Food Policy Research Institute (IFPRI) into the predicted emissions to be created by indirect land use change policy.

MARKET DEVELOPMENT  
  21-12-2011

Obsessed Inventor, Bold Entrepreneur: $200 Million To Make Organic Soap

21/12/2011 (China Daily) - While many entrepreneurs might worry about a possible recession next year, the threat doesn't seem to bother the 35-year-old boss of Haiqing Biotech.

MARKET DEVELOPMENT  
  21-12-2011

Palmolein Oil Declines on Subdued Demand, Global Cues

21/12/2011 (MSN) - Palmolein oil prices fell by Rs 20 per quintal on the wholesale oils and oilseeds market today, due to slackness in demand amid weakening global trend.

MARKET DEVELOPMENT  
  21-12-2011

Palm Oil Targets 2,390-2,507 Ringgit Range in 3 Month

21/12/2011 (Business Recorder) - Malaysian palm oil will fall into a range of 2,390-2,507 ringgit per tonne over the next three months, as indicated by its wave pattern and a Fibonacci projection analysis.

MARKET DEVELOPMENT  
  21-12-2011

Shipping Activity at Port Qasim

21/12/2011 (Pakistan Observer) - Two ships C.V Maersk and M.T Bow Jubail carrying containers and phosphoric acid were allotted berths at Qasim International Container Terminal and Engro Vopak Terminal respectively on December 18.