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MARKET DEVELOPMENT
27-04-2013

Edible Oils Rule Steady on Malaysian Cues

27/04/2013 (Hindu Business Line) - Despite a steady price trend, sentiment in edible oils remained positive on Thursday on active volume tracking firm Malaysian palm oil futures.

MARKET DEVELOPMENT
27-04-2013

Growers Disappointed With RSPO

27/04/2013 (The Star) - The move by the Roundtable on Sustainable Palm Oil (RSPO) grouping to revise its Principles and Criteria (P&C) 2013 to include the greenhouse gas (GHG) emissions criterion for the production of certified sustainable palm oil (CSPO) is putting many domestic oil palm plantations/growers who are members of the RSPO in a dilemma.

MARKET DEVELOPMENT
27-04-2013

Revised Palm Oil Standards A Positive Step Forward - But Companies Now Need To Perform at the Highest Level

27/04/2013 (WWF International) - WWF has welcomed revised standards for sustainable palm oil that were endorsed by the Roundtable for Sustainable Palm Oil (RSPO) at its extra-ordinary General Assembly this morning in Kuala Lumpur.

MARKET DEVELOPMENT
27-04-2013

Probe Confirms Singapore-based Palm Oil Company Engaged in Land-grabbing in Borneo

27/04/2013 (Mongabay.com) - An independent investigation has shown that First Resources Ltd, a palm oil plantation company and member of the Roundtable on Sustainable Palm Oil (RSPO), failed to obtain proper consent from local communities before clearing rainforests for plantations in Indonesian Borneo, an Indonesian indigenous rights group reported last week.

MARKET DEVELOPMENT
27-04-2013

Analysts See Huge Potential in The Palm Oil Industry For Small-time Players

27/04/2013 (The Star) - Interest in oil palm cultivation in Malaysia remains strong despite issues of land scarcity and limited human capital.

MARKET DEVELOPMENT
27-04-2013

Palmolein, Soya Oil Rise, Tracking Global Market

27/04/2013 (Hindu Business Line) - Edible oil prices ruled firm on Friday. Imported palmolein and soyabean oil rose by Rs 2 and Rs 10 each tracking firm foreign market and decline in soyabean arrivals in Madhya Pradesh.

MARKET DEVELOPMENT
26-04-2013

VEGOILS-Palm Climbs To Near 2-Week High on Stronger Exports

26/04/2013 (Reuters) - Malaysian palm oil futures rose to a near two-week high on Thursday as better-than-expected exports lured investors back to the futures market, although lingering fears of a potential stock buildup capped gains.

MARKET DEVELOPMENT
26-04-2013

FOREX: Ringgit Closes Higher Against Dollar

26/04/2013 (Bernama) - The ringgit closed higher against the US dollar in the late session today, benefiting from the rebound in crude palm oil (CPO) prices, dealers said.

MARKET DEVELOPMENT
26-04-2013

Oil Palm Growers Fail To Block Adoption of New RSPO Principles

26/04/2013 (The Star) - As expected, the oil palm grower members of the Roundtable on Sustainable Palm Oil (RSPO) have failed in their attempt to block the adoption of the newly revised RSPO principles and criteria (P&C) for the production of certified sustainable palm oil (CSPO) at the grouping's extraordinary general assembly (EGA) here yesterday.

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