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MARKET DEVELOPMENT
19-04-2013

MCX Crude Palm Oil May Trade Bearish Ahead: Sharekhan

19/04/2013 (Myiris.com) - After a sharp fall, MCX Crude Palm Oil has done a three wave pull-back. To mark the end of the pull-back, the commodity has formed an ending diagonal in the third leg. At the high the price has formed an Inverted Hammer suggesting that bears have taken over, said Sharekhan.

MARKET DEVELOPMENT
19-04-2013

Oil Palm Growing Threatens Buggala Island Forest Cover

19/04/2013 (New Vision) - It is development versus conservation. Buggala, the largest of the 84 islands of Kalangala, is playing host to oil palm production, which helped Malaysia and Indonesia in Asia to break through into medium-income economies. It is a plantation that needs a lot of land, previously covered by virgin forests and scenic grasslands.

MARKET DEVELOPMENT
19-04-2013

European Vegoils Firm on Bargain Hunting

19/04/2013 (Business Recorder) - The European vegetable oils market rebounded on Thursday as futures rallied on fears of tight old crop supplies and because of bargain hunting following recent losses.

MARKET DEVELOPMENT
19-04-2013

India\'s STC Floats Tender To Buy 30,000 T Palm Oil For May Delivery

19/04/2013 (Reuters) - India's State Trading Corp has issued a global tender to purchase 30,000 tonnes of refined palmolein for May delivery, the company said in a statement on Thursday.

MARKET DEVELOPMENT
19-04-2013

Activity At Karachi and Qasim Ports

19/04/2013 (Business Recorder) - The Karachi Port handled 88,234 tonnes of cargo comprising 57,580 tonnes of import cargo and 30,654 tonnes of export cargo including 3,313 loaded and empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 57,580 tonnes comprised 20,477 tonnes of containerised cargo; 5,003 tonnes of general cargo; 16,500 tonnes of coal and 15,600 tonnes of oil/liquid cargo.

MARKET DEVELOPMENT
19-04-2013

CHG Issues â€˜Unnecessary Burden on Growersâ€™

19/04/2013 (The Star) - Sarawak Oil Palm Plantation Owners' Association (SOPPOA) has objected to the proposed inclusion of issues related to greenhouse gas (CHG) emission and peat planting in the Roundtable on Susainable Palm Oil (RSPO) Principles and Criteria.

MARKET DEVELOPMENT
19-04-2013

Indonesian Palm Oil Firm Targets $150 Mln IPO - Sources

19/04/2013 (Reuters) - Indonesian palm oil producer PT Dharma Satya Nusantara aims to raise up to $150 million through an initial public offering in the second quarter this year, sources said, even though prices for the commodity have fallen for the past 12 months.

MARKET DEVELOPMENT
19-04-2013

Rotterdam Vegetable Oil Prices

19/04/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1200 GMT.

MARKET DEVELOPMENT
18-04-2013

VEGOILS-Palm Oil Falls To 4-Month Low, Caution Remains

18/04/2013 (Reuters) - Malaysian palm oil futures fell to a 4-month low on Wednesday, as investors refrained from taking risky positions after this week's rout in commodities and ahead of export data.

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