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MARKET DEVELOPMENT
31-05-2013

Indonesia Goes Green to the Dismay of Palm Oil Producers

31/05/2013 (Bloomberg) - To environmentalists, Indonesia is the home of developers who clear virgin rain forests, destroy the habitat of orangutans, and contribute to global climate change. But on May 13, Indonesia extended a policy of keeping virgin rain forest off-limits to the palm oil industry, a main driver of deforestation.

MARKET DEVELOPMENT
31-05-2013

Selling Pressure Holds Edible Oils Steady

31/05/2013 (Hindu Business Line) - Palmolein declined by Rs 3 on Thursday on increased selling pressures in resale by speculators to fulfil advance commitments amid bearish futures markets.

MARKET DEVELOPMENT
31-05-2013

Oriental No Longer A Value Proposition?

31/05/2013 (The Star) - Investing in Oriental Holdings Bhd is no longer as compelling due to the stock's rich valuations in a backdrop of falling Honda sales and lower crude palm oil (CPO) prices.

MARKET DEVELOPMENT
31-05-2013

COMMENTARY: Catching up on Palm Oil

31/05/2013 (Minda News) - There has been a lot of buzz lately on palm oil in the local press. The Davao City Agriculturist Office announcing the coming in of South Korean investors interested in palm oil. The Mindanao Development Authority reporting for weeks its so-called business matching with Malaysian investors since November last year. The Metro Pacific Group of Manuel Pangilinan and its parent Indonesian companyâ€™s Indofood undertaking soil tests in Davao Oriental. Thailandâ€™s Univanich partnering with the TaliÃ±o family for an $10 million oil mill in Carmen, North Cotabato.

MARKET DEVELOPMENT
30-05-2013

Oil Palm Producers Kick Against Imports Waiver

30/05/2013 (THISDAY Live) - Local producers of oil palm products have called on the Federal Government to review the waiver for importers of oils palm products, so as to protect the local industry.

MARKET DEVELOPMENT
30-05-2013

Palm Oil Jumps to Two-Month High as Inventories Seen Declining

30/05/2013 (Bloomberg) - Palm oil climbed for a fifth day to a two-month high on speculation that inventories in Malaysia may decline for a fifth month as output slows and exports recover in the worldâ€™s second-biggest producer.

MARKET DEVELOPMENT
30-05-2013

Biodiesel Makers Oppose EUâ€™s Anti-Dumping Duties

30/05/2013 (Jakarta Post) - Indonesian biodiesel producers will soon lodge a protest against the European Unionâ€™s (EU) move to impose temporary anti-dumping duties on Indonesiaâ€™s biodiesel, which becomes effective today.

MARKET DEVELOPMENT
30-05-2013

VEGOILS-Palm Oil Ends Off 2-Month High, Tighter Stocks Support

30/05/2013 (Reuters) - Malaysian palm oil futures ended off two-month highs on Wednesday and notched five straight sessions of gains, as investors expect tight supplies to whittle down stocks in the world's No.2 producer of the tropical oil.

MARKET DEVELOPMENT
30-05-2013

FGV Revenue Up 56 Percent To RM2.7 Billion In Q1 2013

30/05/2013 (Bernama) - Felda Global Ventures Holdings Bhd (FGV), the world's third largest oil palm plantation operator, posted a 55.9 per cent increase in revenue to RM2.68 billion for its first quarter ended March 31, 2013.

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