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MARKET DEVELOPMENT
16-05-2013

VEGOILS-Palm Oil Drops for 3rd Day on Weak Exports, Firm Currency

16/05/2013 (Reuters) - Malaysian palm oil futures fell for a third straight day on Wednesday, as weak exports and a firm ringgit currency stirred doubts about the strength of demand for the edible oil.

MARKET DEVELOPMENT
16-05-2013

Palm Oil Drops Most in Two Weeks as Malaysian Exports May Fall

16/05/2013 (Bloomberg) - Palm oil tumbled the most in almost two weeks on speculation that exports may decline from Malaysia after the worldâ€™s second-largest producer left a tax on shipments unchanged for a fourth month.

MARKET DEVELOPMENT
16-05-2013

Don\'t Quit RSPO, Malaysian NGOs Tell MPOA

16/05/2013 (Bernama) - Several Malaysian NGOs are concerned about recent reports that the Malaysian Palm Oil Association (MPOA) is mulling over a decision to quit the Roundtable on Sustainable Palm Oil (RSPO) by the end of this year.

MARKET DEVELOPMENT
16-05-2013

Govt Plans To Increase Oleochemical Production

16/05/2013 (Jakarta Post) - The government is expecting to increase production of oleochemicals (chemicals derived from plant and animal fats) to the countryâ€™s current maximum production of 3.8 million tons, an official from the Industry Ministry said.

MARKET DEVELOPMENT
16-05-2013

Imported Edible Oils Fall Further

16/05/2013 (Hindu Business Line) - Edible oil prices, especially imported plmolein and soyabean refined oil, extended loss further by Rs 2 each and cotton refined oil dropped by Rs 3 for 10 kg on Wednesday tracking weak local demand and bearish Malaysian palm oil futures. Groundnut, rapeseed and sunflower oil ruled unchanged in line with steady to weak trend in producing centres.

MARKET DEVELOPMENT
16-05-2013

Malaysia Production of CPO Rose 3%, CPKO Down 11% In April

16/05/2013 (UkrAgroConsult) - Malaysian production of crude palm oil (CPO) rose moderately but crude pam kernel oil output fell last month. CPO production climbed to 1.367 million tonnes (MT) in April 2013, up 3.1% compared to 1.325 million MT a month ago, and up 7.4% compared to 1.273 million MT in April 2012, according to MPOB data. Total CPO output reached 5.59 million MT in the first 4 months of this year, up 12.7% compared to 4.96 million MT at the same time last year.

MARKET DEVELOPMENT
16-05-2013

Indonesia Extends Logging Ban To Protect Rainforest

16/05/2013 (The Star) - Indonesia has extended a logging ban to protect rainforests despite fierce industry pressure, the government said Wednesday, but green groups slammed it as inadequate to safeguard threatened habitats.

MARKET DEVELOPMENT
16-05-2013

Establishing Nutritional Value in Copra, Palm Products for Pigs

16/05/2013 (Pork Network) - Products derived from coconuts and oil palm trees are the primary protein sources in swine diets in parts of Africa, southeast Asia, South America, and Europe. New research from the University of Illinois is helping to establish the nutritional value of these products.

MARKET DEVELOPMENT
15-05-2013

VEGOILS-Palm Oil Eases on Weak Exports, Firm Ringgit

15/05/2013 (Reuters) - Malaysian palm oil futures edged lower on Tuesday, dropping for a second straight session as worries about weak exports and a firm ringgit kept investors on the sidelines.

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