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MARKET DEVELOPMENT
05-10-2012

Analysts: Oil Palm Cultivation Plan in PNG Will Benefit KLK

05/10/2012 (The Star) - Analysts are positive about Kuala Lumpur Kepong Bhdâ€™s (KLK) plan to venture into oil palm cultivation in Papua New Guinea (PNG), saying this will benefit the company in the long term. However, they point out that the short-term impact is likely to be negligible.

MARKET DEVELOPMENT
05-10-2012

\'Demand For Green Palm Oil Growing in India, China\'

05/10/2012 (Hindu Business Line) - The demand for green palm oil in India and China is increasing with companies such as Godrej Industries buying sustainable palm oil certificates, according to Swiss-based association RSPO.

MARKET DEVELOPMENT
05-10-2012

FGV Denies Report On Weida Biogas Contract

05/10/2012 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) said today it has not appointed any company to build biogas plants at its mills.

MARKET DEVELOPMENT
05-10-2012

Maybank Research Retains Neutral Outlook on Plantations

05/10/2012 (The Star) - Maybank KE Research is retaining its Neutral recommendation on the plantation sector, though it believes the sharp fall in third-month crude palm oil (CPO) futures is overdone.

MARKET DEVELOPMENT
05-10-2012

KLK Plans Oil Palm Plantations in PNG

05/10/2012 (The Star) - Kuala Lumpur Kepong Bhd is venturing into oil palm plantations in Papua New Guinea (PNG) by acquiring a 51% stake of Collingwood Plantations for US$8.66mil (RM26.86mil).

MARKET DEVELOPMENT
04-10-2012

Plantation Sector to See Flattish 4Q

04/10/2012 (Borneo Post) - The plantation sector is to see an unexciting fourth quarter of 2012 (4Q12) as September crude palm oil (CPO) inventory levels are expected to reach an all-time high of 2.43 million metric tonnes (MT).

MARKET DEVELOPMENT
04-10-2012

VEGOILS-Palm Oil Rebounds From Near 3-Year Low

04/10/2012 (Reuters) - Malaysian palm oil futures ended up on Wednesday on bargain hunting after prices dropped to their lowest in nearly three years earlier in the session, although traders said the recovery could be short-lived as fundamentals remained weak.

MARKET DEVELOPMENT
04-10-2012

India, Which Imports Palm Oil Mainly From M\'sia and Indonesia, Shuns New Deals

04/10/2012 (The Star) - Palm oil buyers in India are asking for discounts on agreed deals and putting off purchases, hoping a slide in global prices will continue and bring cheaper product as a big demand season approaches, dealers and industry officials said.

MARKET DEVELOPMENT
04-10-2012

RSPO Confident of Positive Momentum in India and China

04/10/2012 (Moneylife) - The Roundtable on Sustainable Palm Oil (RSPO), a global multi-stakeholder organization and an international certification scheme for sustainable palm oil revealed today that critical markets for palm oil, India and China are steadily progressing in their commitment towards certified sustainable palm oil (CSPO). A shift in awareness regarding the direct linkage of conventional palm oil practices and deforestation is picking up as the footprints of companies in India and China in the global arena are growing at a rapid pace.

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