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MARKET DEVELOPMENT  
  09-06-2011

Thailand - Result of the Meeting of the National Palm Oil Policy Committee

09/06/2011 (Isria) - Mr. Suthep Thaugsuban, Deputy Prime Minister, chaired the meeting of the National Palm Oil Policy Committee then gave a briefing on the result of the meeting. Gist as follows:

MARKET DEVELOPMENT  
  09-06-2011

Palm Oil At 3-week Low On High Stocks, Markets

09/06/2011 (Business Recorder) - Malaysian palm oil dropped to a three-week low on Wednesday as investors adjusted positions on weak technicals, lacklustre external markets and expectations of high stocks.

MARKET DEVELOPMENT  
  09-06-2011

Crude Palm Oil Down on Weak Global Cues

09/06/2011 (Business Standard) - Crude palm oil prices fell by Rs 2.20 per kg in futures trade today on sustained selling by speculators amid adequate stocks and weak global cues.

MARKET DEVELOPMENT  
  09-06-2011

Q+A-What\'s The Impact of China Removing Edible Oil Price Cap?

09/06/2011 (Reuters) - China, the world's No.2 vegetable oil buyer, has suspended regular rapeseed oil auctions and lifted a seven-month price cap on retail vegetable oil prices, industry sources told Reuters on this week.

MARKET DEVELOPMENT  
  09-06-2011

Biochemical Startup Elevance Picks Mississippi For First U.S. Plant

09/06/2011 (Chicago Business) - Elevance Renewable Sciences Inc. is putting its first U.S. biorefinery in Mississippi.

MARKET DEVELOPMENT  
  09-06-2011

Liberia - President Sirleaf, on Tour of Sinoe County, Visits Golden Veroleum Oil Palm Nursery, Urges Citizens to Cooperate with Investors

09/06/2011 (ISRIA) - President Ellen Johnson Sirleaf has cautioned citizens of Sinoe County to desist from unpatriotic and non-nationalistic behavior aimed at undermining investment in the county, and to instead cooperate with companies who brave the storms to go there and invest, so that development can take place in the area.

MARKET DEVELOPMENT  
  09-06-2011

CPO Falls Amid Weak Commodities; Key MPOB Data Awaited

09/06/2011 (Palm Oil HQ) - Crude palm oil futures on Malaysia’s derivatives exchange extended declines Wednesday as investors made bearish bets ahead of key production and stock data due at the end of the week.

MARKET DEVELOPMENT  
  09-06-2011

Palm Oil To Drop To 3,234 Ringgit/T

08/06/2011 (Business Recorder) - A bearish target has been established at 3,234 ringgit per tonne for Malaysian palm oil as a double-top pattern was confirmed.

MARKET DEVELOPMENT  
  08-06-2011

Palm Oil Drops to Two-Week Low as Soybean Plantings Gather Pace

08/06/2011 (Bloomberg) - Palm oil dropped to the lowest level in more than two weeks, tracking declines in soybeans as farmers in the U.S. accelerated oilseed planting after the weather improved.

MARKET DEVELOPMENT  
  08-06-2011

European Vegetable Oils Usage to Fall For First Time in 22 Years

08/06/2011 (Bloomberg) - Demand for vegetable oils and fats in the European Union will drop for the first time in 22 years as usage for biodiesel slides, researcher Oil World said.

MARKET DEVELOPMENT  
  08-06-2011

B5 Biodiesel: Pure Palm Biodiesel (B100) Sulphur Content Less Than 10ppm

08/06/2011 (ASEAN Automotive News) Seems that the datasheet listing the properties of petroleum diesel and B5 biodiesel from last week’s launch of the B5 biodiesel programme in Putrajaya wasn’t quite up to date. With regards to certain aspects, specifically that of the sulphur content, Paul noticed the numbers didn’t quite add up, so having asked around, we’ve managed some answers.

MARKET DEVELOPMENT  
  08-06-2011

MCX CPO Edges Down on Profit Booking

08/06/2011 (Commodity Online) - Crude palm oil fell on Tuesday on the back of profit booking and on tracking weak global cues.