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MARKET DEVELOPMENT  
  21-09-2011

VEGOILS-Weaker Ringgit Currency Props up Palm Oil

21/09/2011 (Reuters) - Malaysian palm oil futures inched up on Tuesday as the weaker ringgit made the vegetable oil cheaper to process at time when exports could start rising again ahead of an Indian festival and a national holiday in China.

MARKET DEVELOPMENT  
  20-09-2011

Palm Oil Fuelling Scramble for Land in Africa

20/09/2011 (The International News Magazine) - 20 September 2011 Palm oil is expected to be the world\'s most produced and internationally traded edible oil by 2012. At what price? As foreign investors descend on Africa to develop large-scale palm oil plantations, the survival of local people is being threatened. They are losing control of the land and water on which they depend for their food production and livelihoods.

MARKET DEVELOPMENT  
  20-09-2011

Felda Global Ventures plans to sell palm oil to EU market

20/09/2011 (The Star) - Felda Global Ventures\' Holdings Sdn Bhd\'s (FGV) plans to penetrate the European Union with its palm oil products now that it has established a gateway into Europe via Turkey.

MARKET DEVELOPMENT  
  20-09-2011

Aussie Committee Backs Down on Bill

20/09/2011 (The Star) - The Australian House of Representatives Economics Committee has put up a recommendation seeking not to proceed with the proposed Food Standards Amendment (Truth in Labelling Palm Oil) Bill 2011 in the country.

MARKET DEVELOPMENT  
  20-09-2011

Sumatran Tribe Say Lands Stolen for Palm Oil

20/09/2011 (Jakarta Globe) - The Wilmar Group, one of Asia’s largest agribusiness companies, claims to lift people out of poverty and respect indigenous peoples’ land rights.

MARKET DEVELOPMENT  
  20-09-2011

PEC Cancels Palm Oil Import Tender: Sources

20/09/2011 (Economic Times) - Indian state-run trading firm PEC Ltd has cancelled a tender to buy 15,000 tonnes of RBD palmolein from Malaysia or Indonesia, trade sources said on Monday, without giving any reason for the cancellation.

MARKET DEVELOPMENT  
  20-09-2011

Australia - Opposition Buckles on Palm Oil Bill

20/09/2011 (ISRIA) - Trade Minister, Craig Emerson, has welcomed the Federal Opposition\'s decision to join with the Gillard Government in rejecting a Private Member\'s Bill that would cost Australian industry an estimated AUD 150 million and breach Australia\'s World Trade Organization obligations.

MARKET DEVELOPMENT  
  20-09-2011

SMART Receives RSPO Certification

20/09/2011 (Food Ingredient First) - PT SMART Tbk (SMART), subsidiary of Golden Agri- Resources Limited (GAR) announces that it has received Roundtable on Sustainable Palm Oil (RSPO) certification.

MARKET DEVELOPMENT  
  20-09-2011

Pemandu Allocates RM1 Billion To Help Oil Palm Smallholders Nationwide

20/09/2011 (Bernama) - The Performance Management and Delivery Unit (PEMANDU) in the Prime Minister\'s Department has allocated RM1 billion to help oil palm smallholders nationwide, to do new planting and replanting.

MARKET DEVELOPMENT  
  20-09-2011

Mission NewENergy petitions EPA for OK to sell its sustainable g-Palm biodiesel in US

20/09/2011 (Biofuels Digest) - In Australia, Mission NewEnergy has petitioned the U.S. Environmental Protection Agency for approval to sell its enhanced g-Palm oil based biodiesel into the USA. Mission had announced the in-house development of an improved palm oil supply chain process called “Mission g-Palm” that maximizes green house gas savings when using it to produce biodiesel.

MARKET DEVELOPMENT  
  20-09-2011

Pakistan Eyes Exports Of More Than US$150 Million To Malaysia

20/09/2011 (Bernama) -- Pakistan is eyeing to export goods worth more than US$150 million to Malaysia in its current financial year ending June 30, 2012.

MARKET DEVELOPMENT  
  20-09-2011

NORPALM Ghana Holds Awards for Farmers

20/09/2011 (myjoyonline) - Norpalm Ghana Limited, (NPL) has rewarded 29 individual and shareholder farmers for their hard work which has contributed immensely to the growth of the company.