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MARKET DEVELOPMENT
07-12-2012

VEGOILS-Palm Oil Perks Up on Tighter Soyoil Prospects

07/12/2012 (Reuters) - Malaysian palm oil futures edged up 0.4 percent on Thursday as traders bet on demand rising in the face of tighter supplies of competing soyoil due to unfavourable weather in Argentina.

MARKET DEVELOPMENT
07-12-2012

The Health Benefits of Red Palm Oil

07/12/2012 (Business Times) - Red palm oil, though having been in existence for several centuries, is now seen as the preferred solution for various health conditions, particularly those relating to vitamin A deficiency.

MARKET DEVELOPMENT
07-12-2012

CPF Demands Ban on Palm Oil Import

07/12/2012 (India Times) - Coconut farmers demanded an increase in support price and the ban of palm oil through south Indian ports.

MARKET DEVELOPMENT
07-12-2012

Dalian Commodity Exchange : DCE Adjusts RBD Palm Olein Delivery Warehouses

07/12/2012 (4-traders) - Expand delivery warehouse capacity and guarantee smooth delivery.

MARKET DEVELOPMENT
07-12-2012

World Food Prices Fell a Second Month in November on Oils, Grain

07/12/2012 (Bloomberg) - World food costs slipped for a second month in November as prices for oilseeds and cooking oils as well as sugar fell to the lowest in two years, the United Nationsâ€™ Food & Agriculture Organization said.

MARKET DEVELOPMENT
07-12-2012

Palming Off

07/12/2012 (The Economist) - Climate-Change talks in Doha this week opened in a mood of pessimism about the chances governments will agree to and implement policies that might limit the rise in global temperature to less than 2ÂºC. But on December 5th a cheering announcement punctured the gloom: that Indonesiaâ€™s government had formally approved the countryâ€™s first project under the â€œREDDâ€ scheme (Reducing Emissions from Deforestation and forest Degradation).

MARKET DEVELOPMENT
07-12-2012

Palm Oil Downturn Could Cripple Sabah

07/12/2012 (Free Malaysia Today) - According to the Malaysian Palm Oil Board (MPOB) in 2009, Sabah was already a leading state in terms of acreage with oil palm cultivation taking up at 1.36 million hectares out of the national total of 4.69 million hectares (ha).

MARKET DEVELOPMENT
07-12-2012

Palm Oil, Argentina Wheat, US Soybean

07/12/2012 (Live Trading News) - Wheat futures were choppy Thursday and enjoyed late Short-covering on help from Soybean futures. Wheat futures at all 3 exchanges favored a firmer tone by the close. Strength in the USD index and a disappointing weekly export sales tally limited buying to Short-covering throughout the day.

MARKET DEVELOPMENT
07-12-2012

ICM\'s Oleochemical Plant To Generate Over RM400 Million Cumulative GNI By 2020

07/12/2012 (Bernama) - ICM Specialty Chemicals Sdn Bhd's new oleochemical specialty ester plant, to be built in Pulau Indah, Klang, will generate a cumulative gross national income (GNI) of more than RM400 million by 2020.

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