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MARKET DEVELOPMENT
09-03-2013

Centre To Procure 90,000 Tonnes of Oil Palm From AP

09/03/2013 (Zee News) - The Centre has sanctioned a scheme for procurement of 90,000 tonnes of oil palm fruit from market in Andhra Pradesh during January-March 2013, Parliament was informed on Friday.

MARKET DEVELOPMENT
09-03-2013

Cargill Gains ISPO Certification For Sustainable Palm Oil Production

09/03/2013 (Food Porduct Design) - Cargillâ€™s PT Hindoli oil palm plantation in South Sumatra has received official Indonesia Sustainable Palm Oil (ISPO) certification. The milestone, which recognizes PT Hindoliâ€™s efforts in the sustainable production of palm oil, comes just three months after the Musi Banyuasin Regency in South Sumatra conferred the Platinum MUBA CSR Award for excellence in the Agribusiness and Agriculture sector to the Cargill oil palm plantation.

MARKET DEVELOPMENT
09-03-2013

Norway Fund Dumps Palm Oil Holdings

09/03/2013 (Sydney Morning Herald) - Norway\'s $US710 billion sovereign wealth fund has pulled out of 23 Asian palm oil companies after accusing them of causing deforestation, winning praise from environmentalists.

MARKET DEVELOPMENT
09-03-2013

Palm Oil is Too Expensive - Now Proposed Portland Green Energy Plant Could Run on Burning Tyres

09/03/2013 (Dorset Echo) - Bosses behind a controversial green energy plant earmarked for Portland want to change the fuel from palm oil to used car tyres.

MARKET DEVELOPMENT
09-03-2013

Higher Arrivals, Slack Demand Cool Indigenous Oils

09/03/2013 (Hindu Business Line) - Indigenous edible oils such as groundnut and rapeseed oil dropped by Rs 5 for 10 kg each on Friday. Cotton refined oil declined by Rs 2. Slack physical demand and higher arrivals of mustard seeds in producing centres pulled down these oils while imported palmolein rose by Re 1 and soyabean refined oil inched up by Rs 5 tracking extended gains in Malaysian palm oil futures. Sunflower oil ruled steady.

MARKET DEVELOPMENT
09-03-2013

Sime Darby, Local And International Partners Launch Sustainable Partnership Initiative As a Palm Oil

09/03/2013 (The Inquirer) - Sime Darby Plantation Liberia (SDPL) in collaboration with local and international partners today, Saturday, March 9, 2013 launch a Sustainable Partnership Initiative (SPI) in Grand Cape Mount County.

MARKET DEVELOPMENT
09-03-2013

Frost & Sullivan: Rising Demand for Crude Palm Oil Drives Uptake of Water and Wastewater Treatment Solutions in Southeast Asia (Press Release)

09/03/2013 (Environmental Expert) - The rising application of crude palm oil (CPO) across diverse industries and the swelling global appetite for oils and fats, processed foods, cosmetics, and bio-diesel is encouraging the setting up of palm oil mills and refineries in Southeast Asia. This, in turn, is creating a lucrative market for water and wastewater treatment (W&WWT) solutions in the region.

MARKET DEVELOPMENT
09-03-2013

Market Fluctuations Impact Oil Palm Growers

09/03/2013 (Hindu Business Line) - Despite several incentives and subsidies being given by the State and Central governments, oil palm farmers are unhappy with fluctuations in the market price of processed oil and are demanding an MSP of Rs. 6,000 per tonne.

MARKET DEVELOPMENT
08-03-2013

PREVIEW-Malaysia Feb Palm Stocks Head For 6-Mth Low on Seasonal Output Fall

08/03/2013 (Reuters) - An decline of nearly a fifth in output probably eased Malaysian palm oil stocks in February to a six-month low, a Reuters survey of five plantation companies showed on Thursday.

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