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MARKET DEVELOPMENT
04-04-2013

Festival Demand Heats Up Edible Oils

04/04/2013 (Hindu Business Line) - Palmolein increased by Rs 4 in Mumbai on Wednesday tracking extended gain in Malaysian palm oil futures. Groundnut and Cotton oil rose by Rs10 and Rs3 each on ease selling lead firm reports from the Saurashtra markets. Soyabean, Sunflower and Rapeseed oil rule unchanged. Local stockiest â€“ wholesalers continued covering edible oils to feed higher demand in start of the month and festivals ahead. Under current of the market remain firm said sources.

MARKET DEVELOPMENT
04-04-2013

GAPKI Opposes Plan To Cap Plantation Area

04/04/2013 (Jakarta Post) - The Indonesian Palm Oil Association (GAPKI) strongly opposed the governmentâ€™s plan to prohibit plantation companies from owning more than 100,000 hectares of land, saying the measure will severely curb the expansion of the palm oil industry.

MARKET DEVELOPMENT
04-04-2013

A Question of Shareholder Responsibility

04/04/2013 (Jakarta Post) - Another blow to the palm oil industry came on March 11 when JP Morgan Asia Pacific Equity Research revealed that the Norwegian Government Pension Fund Global (GPFG) had disposed of its stakes in 23 Asian palm oil companies in 2012, including several Indonesian companies committed to the sustainability movement.

MARKET DEVELOPMENT
04-04-2013

Citizen Journalism: More Orangutans Become Pets

04/04/2013 (Jakarta Post) - A young orangutan being kept in a sack was rescued recently by the Orangutan Information Centre (OIC), a conservation group working in Sumatra.

MARKET DEVELOPMENT
04-04-2013

Whatâ€™s The Difference Between â€œNaturalâ€ And â€œGreenâ€?

04/04/2013 (NOW Magazine) - You just have to watch a little National Geographic to know nature itself can be both serenely beautiful and grotesquely vicious.

MARKET DEVELOPMENT
04-04-2013

Neste Oil Uses Tall Oil Pitch; Begins Rainforest Protection Plan

05/04/2013 (Biodiesel Magazine) - Neste Oil has begun using tall oil pitch as a feedstock for renewable diesel production. Neste Oil successfully tested tall oil pitch in commercial refinery operations in March and April and states it is now ready to use the material on a continuous basis. Fuel refined from tall oil pitch will be distributed to service stations in Finland this spring. The company says its original inventions and patents covering the use of tall oil as a biofuel feedstock date back to the 1990s. Neste Oil says moving forward it will use significant quantities of tall oil pitch. Tall oil refiners in Finland produce around 100,000 tons of by product tall oil pitch annually.

MARKET DEVELOPMENT
04-04-2013

Edible Oil Prices Likely to Slip on Higher Supply & Cheaper Imports

04/04/2013 (Economic Times) - A drop in global edible oil prices due to better supply position is expected to bring some relief to the Indian households. Companies like Adani Wilmar, Ruchi Soya and Sanwaria Oils are likely to cut prices of all categories by at least 5% to 10% this month-end.

MARKET DEVELOPMENT
04-04-2013

Credit Profile of Malaysia, and Indonesia Plantations Stable Despite Lower CPO Prices

04/04/2013 (The Star) - APAC plantation companies' credit profiles stable despite lower prices Add to Collection (Create New) | Print Download: Plain Text Fitch Ratings says in a new report that it expects the credit profile of Malaysia- and Indonesia-based oil palm plantation companies to be stable despite lower crude palm oil (CPO) prices.

MARKET DEVELOPMENT
03-04-2013

VEGOILS-Palm Oil Rebounds From Near 3-Mth Low, Exports Support

03/04/2013 (Reuters) - Malaysian palm oil futures rebounded on Tuesday on bargain hunting after the edible oil fell to nearly a three-month low the previous day, while expectations that firm exports could help ease stocks further also provided support.

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