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MARKET DEVELOPMENT
24-05-2013

VEGOILS-Palm Oil Climbs to 1-Mth High, Posts 3rd Weekly Gain

24/05/2013 (Reuters) - Malaysian palm oil futures rose on Thursday to their highest in more than a month, stretching gains to a third straight week as investors hoped for a recovery in demand ahead of the Muslim fasting month of Ramadan.

MARKET DEVELOPMENT
24-05-2013

Palm Oil Advances to Six-Week High as Production Seen Declining

24/05/2013 (Bloomberg) - Palm oil climbed to the highest level in six weeks on speculation that output may drop this month in Malaysia, cutting inventories for a fifth month in the worldâ€™s second-largest producer.

MARKET DEVELOPMENT
24-05-2013

Sri Lanka\'s Watawala Plantations in Profits With Palm Oil

24/05/2013 (LBO) - Sri Lanka's Watawala Plantations Plc reported profits of 124 million rupees in the March 2013 quarter down 54 percent from a year earlier, as commodity prices eased, with palm oil continuing to perform well.

MARKET DEVELOPMENT
24-05-2013

Cameroon Says Herakles Needs Permits for Oil Palm Project

24/05/2013 (Bloomberg) - Herakles Farms needs to obtain the correct permits before it can proceed with its plans to develop an oil palm plantation and processing plant in southwest Cameroon, the government said.

MARKET DEVELOPMENT
24-05-2013

Edible Oil Prices to Remain Subdued on Ample Global Supply

24/05/2013 (Hindu Business Online) - Edible oil prices are likely to remain subdued on lower domestic demand and comfortable global supply.

MARKET DEVELOPMENT
24-05-2013

Do More Studies On Peat Soil: Sarawak Oil Palm Players

24/05/2013 (Bernama) - Sarawak oil palm players want more studies done on the impact of planting oil palm on peat soil.

MARKET DEVELOPMENT
24-05-2013

Mindanao Pushed as BIMP-EAGA Food and Logistics Corridor

24/05/2013 (BusinessWorld Online Edition) - The Mindanao Development Authority (MinDA) is promoting the island as the food and logistics corridor of the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).

MARKET DEVELOPMENT
23-05-2013

VEGOILS-Palm Oil Rises To 1-Mth High, Ramadan Demand Underpins

23/05/2013 (Reuters) - Malaysian palm oil futures rose to the highest in more than one month on Wednesday, as investors pinned their hopes on demand recovery ahead of the Muslim holy month of Ramadan.

MARKET DEVELOPMENT
23-05-2013

U.S. Herakles Farms Halts Cameroon Palm Oil Development

23/05/2013 (Reuters) - A company owned by New York venture capital firm Herakles Capital has suspended work on a giant palm oil plantation in Cameroon after protests by environmental groups and villagers, highlighting opposition to land acquisitions in Africa.

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