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MARKET DEVELOPMENT
24-03-2015

Government Aims to More Than Double Exports to Turkey

24/03/2015 (Jakarta Post) - The country plans to boost exports to Turkey by more than double within the next four years by facilitating Turkish businesses as well as promoting domestic products.

MARKET DEVELOPMENT
24-03-2015

Indonesia Plans Palm Oil Export Levy to Fund Subsidy for Biofuel

24/03/2015 (Bloomberg) - Indonesia, the worldâ€™s largest palm oil producer, plans to impose export levies to fund biodiesel subsidies, replanting and research and development.

MARKET DEVELOPMENT
24-03-2015

Sarawakâ€™s Plantation Sector Poised for Acerage Growth

24/03/2015 (Borneo Post) - The stateâ€™s plantation sector is poised for growth as Affin Hwang Investment Bank Bhd (Affin Hwang Capital) believes Sarawak can increase its oil palm planted area to two million hectares (ha) through the Sarawak Corridor of Renewable Energy (SCORE).

MARKET DEVELOPMENT
24-03-2015

New Formula Rolled Out to Lower Biodiesel Price

24/03/2015 (Jakarta Post) - In a move to support a rise in the proportion of biofuel that must be added to diesel, the Energy and Mineral Resources Ministry has introduced a new formula aiming to lower the price of the mixed substance purchased by distributors.

MARKET DEVELOPMENT
24-03-2015

Indiaâ€™s Vegoil Imports up 23 Per Cent During Nov 2014 to Feb 2015

24/03/2015 (UkrAgroConsult) - Indiaâ€™s vegetable oil imports (edible & non-edible) have recorded an increase of 23 per cent at 4.29 million tonnes during November 2014 to February 2015.

MARKET DEVELOPMENT
24-03-2015

Palmolein, Soyabean Oils Rise on Demand From Retailers

24/03/2015 (Business Standard) - Palmolein and soyabean oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market following pick-up in demand from vanaspati millers and retailers.

MARKET DEVELOPMENT
24-03-2015

Rotterdam Vegetable Oil Prices

24/03/2015 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

MARKET DEVELOPMENT
24-03-2015

Indonesia Offers CPO, Rubber to Japanese Investors

24/03/2015 (ANTARA News) - Indonesia has offered crude palm oil, rubber, and seaweed to Japanese investors grouped in Japan External Trade Organization (Jetro) for investment expansion and promotion.

MARKET DEVELOPMENT
24-03-2015

Palm Oil to Test Supports, Rise

24/03/2015 (Hindu Business Line) - Crude palm oil futures on Bursa Malaysia Derivatives ended slightly higher on Monday, as Indonesiaâ€™s plan to impose levies on crude palm exports triggered hasty buying. Indonesian officials are preparing new rules for a charge of $50 on every tonne of crude palm oil (CPO) shipped at a zero export tax rate, with the funds going to help pay for bio-diesel subsidies announced in recent weeks. Though the move could be considered negative in the short-term, it could help the industry from the current supply glut.

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