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MARKET DEVELOPMENT
06-03-2015

Higher Palm Oil Price in Sight

06/03/2015 (The Star) - Oil palm producers whose profits were affected by the 15% drop in crude palm oil (CPO) price last year, will get a short relief as the commodity is expected to climb back to RM2,500 per tonne in May from RM2,380 per tonne currently on lower production and reduced stocks outlook, said international palm oil expert Dorab Mistry.

MARKET DEVELOPMENT
05-03-2015

Neste Oil Now the World's Largest Producer of Renewable Fuels from Waste and Residues

05/03/2015 (Your Renewable News) - Over the last few years, Neste Oil has become the world's largest producer of renewable fuels from waste and residues. In 2014, the company produced nearly 1.3 million tonnes (1.6 billion liters) of renewable fuel from waste and residues. In practical terms, this is enough to power for two years all the 650 000 diesel-powered passenger cars in Finland with renewable NEXBTL diesel manufactured from waste and residues.

MARKET DEVELOPMENT
05-03-2015

UPDATE 1-Palm Prices Seen At 6-Yr Lows if Biodiesel Demand Stays Weak-Analyst Fry

05/03/2015 (Reuters) - Malaysian crude palm oil prices will average 2,260 ringgit a tonne in the first half of 2015, but may drop to more than six-year lows later in the year if demand from the biodiesel sector does not pick up, leading industry analyst James Fry said.

MARKET DEVELOPMENT
05-03-2015

CPO Price In 2015 To Average US$770 Per Tonne, Indonesia Major Swing Factor

05/03/2015 (Bernama) - Crude palm oil (CPO) is expected to trade at an average of US$770 (US$1=RM3.62) per tonne in Rotterdam this year supported by low stocks and renewed demand from India and China.

MARKET DEVELOPMENT
05-03-2015

India to Import More Palm Oil, Offset Weak Demand From Biofuel Sector

05/03/2015 (The Star) - India is expected to import more palm oil this year to counter a domestic deficit in vegetable oil stockpiles, helping offset a drop in demand for the tropical oil for blending purposes from the biofuel sector, leading industry analyst James Fry said.

MARKET DEVELOPMENT
05-03-2015

Palm Seen Rising to May by Mistry in â€˜Year of Two Halvesâ€™

05/3/2015 (Bloomberg) - Palm oil will climb in the next three months because of lower production and shrinking inventories before declining after July, according to Dorab Mistry, director at Godrej International Ltd.

MARKET DEVELOPMENT
05-03-2015

Ban On Palm Oil Importation Excites POMAN Boss

05/03/2015 (The Tide) - The chairman of the Palm Oil Millers Association, of Nigeria, (POMAN), Ahoada East Chapter, Mr Nwaneri Okirigwe has thrown his weight behind plans by the Federal Government to ban palm oil importation into the country.

MARKET DEVELOPMENT
05-03-2015

DTI 2015 SME Roving Academy Tackles Oil Palm Investment, Production

05/03/2015 (Philippine Information Agency) - The Department of Trade and Industryâ€™s (DTI) 2015 Small and Medium Enterprise Roving Academy (SMERA), conducted recently at Central Mindanao University, focused on Oil Palm investment opportunities.

MARKET DEVELOPMENT
04-03-2015

Rotterdam Vegetable Oil Prices

04/03/2015 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

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