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MARKET DEVELOPMENT  
  24-10-2011

Felda to Use 350,000ha Land in IPO

24/10/2011 (The Malaysian Insider) - Malaysia’s Federal Land Development Authority (Felda) will inject 350,000 hectares of plantation land into its commercial arm’s listing which will take place by mid-2012, its chief said today, in what is likely to be the country’s biggest IPO next year.

MARKET DEVELOPMENT  
  24-10-2011

CPO Futures Close Firmer on Speculative Buying

24/10/2011 (Business Times) - Crude palm oil futures on Bursa Malaysia Derivatives closed firmer on speculative trade yesterday, a trader said.

MARKET DEVELOPMENT  
  24-10-2011

Shipping Activity at Port Qasim

24/10/2011 (Business Recorder) - Four ships C.V Nysted Maersk, C.V Pisti, C.V Mare Atlanticum and M.T Serenity carrying container and furnace oil were arranged berthing at Qasim International Container Terminal and FOTCO Oil Terminal respectively during last 24 hours.

MARKET DEVELOPMENT  
  21-10-2011

VEGOILS-Palm Oil Drops as Euro Zone Crisis Festers

21/10/2011 (Reuters) - Malaysian palm oil futures dropped on Thursday as investors' avoided risky assets on concerns that a key European leaders' summit may not reach a consensus on the debt crisis in the region.

MARKET DEVELOPMENT  
  21-10-2011

Bakries’ Palm Oil Unit Gets OK to Use Assets for Loans

21/10/2011 (Jakarta Globe) - Bakrie Sumatra Plantation, the palm oil-producing arm of the Bakrie Group, has gained shareholder approval to offer its assets as collateral for bank loans, paving the way for it to restructure its mounting debt.

MARKET DEVELOPMENT  
  21-10-2011

CPO May Trade Lower Today: Nirmal Bang

21/10/2011 (MoneyControl.com) - Nirmal Bang has come out with its report on CPO. As per research firm CPO is expected to trade lower.

MARKET DEVELOPMENT  
  21-10-2011

Second Greenpeace Campaigner Deported From Indonesia

21/10/2011 (Reuters) - Indonesia has been accused of attacking Greenpeace after the environmental group said on Thursday a second campaigner had been deported by immigration officials in less than a week amid a row over deforestation.

MARKET DEVELOPMENT  
  21-10-2011

Ryots View To Be Taken for Fixing Oil Palm MSP

21/10/2011 (IBN Live) - Farmers’ view will be taken into consideration while deciding the remunerative price of the oil palm, said Commission for Agricultural Costs and Prices (CACP) chairman Ashok Gulati.

MARKET DEVELOPMENT  
  21-10-2011

Press Release: More Biofuel Facilities Under Development in Indonesia, an Industrial Info News Alert

21/10/2011 (MarketWatch) - Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) -- World biofuel production is expected to double by 2015. Countries around the world have been actively boosting their production capacities to meet national requirements.

MARKET DEVELOPMENT  
  21-10-2011

Asia Accounts for Almost Half of Outgoing Trade in First Eight Months

21/10/2011 (The Star) - Malaysia's export figures remained steady at RM454.9bil in the first eight months of the year, said Deputy Finance Minister Datuk Donald Lim Siang Chai.

MARKET DEVELOPMENT  
  21-10-2011

RI Plays Host to 5 UAE Business Delegations

21/10/2011 (Jakarta Post) - Indonesian consul general to Dubai Mansyur Pangeran is escorting five business delegations from Dubai to Indonesia, including a delegation of 30 top officers from 20 United Arab Emirates (UAE)-based sharia banks.

MARKET DEVELOPMENT  
  20-10-2011

Press Release : McDonald\'s Joins Roundtable on Sustainable Palm Oil; Commits to Sourcing Sustainable Palm Oil

20/10/2011 (MarketWatch) - McDonald's Corporation today announced its membership in the Roundtable on Sustainable Palm Oil (RSPO). This membership represents significant progress in the company's commitment to source palm oil only from RSPO member companies by the end of this year, and to use only RSPO-certified palm oil in restaurants and pre-cooked chicken and potato products by 2015.