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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Cabinet Nods to Compensation for Palm Oil Imports
01/08/2012 (Pattaya Mail) - The Cabinet has agreed to spend 24 million-baht emergency budget to import 10,000 tons of palm oil and compensate the Public Warehouse Organization for its expected profit loss caused by the import of another 20,000 tonnes of palm oil in the near future.
There\'s a Lot at Stake, Say Palm Oil Refiners
01/08/2012 (Business Times) - Malaysia, in allowing more exports of duty-free crude palm oil (CPO) and remaining indifferent towards the plight of palm oil refiners here, may be risking the loss of further investment and talent in its oleochemical, specialty fat and biodiesel sectors.
Nigeria’s Okomu Oil Palm Retreats After Profit Slides 14%
01/08/2012 (Bloomberg) - Okomu Oil Palm Plc (OKOMUOIL), a Nigerian producer of the kernels, fell for the first time in more than three weeks after reporting a 14 percent drop in first-half profit.
Planters to Gain From CPO Export Quota Hike
01/08/2012 (The Sun Daily) - Analysts see the move to raise the country's tax-free crude palm oil (CPO) shipping quota this year as positive for upstream players but negative for the downstream sector due to tighter CPO supplies.
Palm-Oil Shipments From Indonesia Set to Increase on Lower Duty
31/07/2012 (Bloomberg) - Palm-oil shipments from Indonesia, the largest producer, may have climbed 23 percent in July from a month earlier as companies took advantage of a lower export tax to book cargoes and demand rose ahead of a Muslim festival.
VEGOILS-Palm Oil Rises to 1-Week High on Stimulus Hopes
31/07/2012 (Reuters) - Malaysian crude palm oil edged to a one-week high on Monday, tracking gains in broader financial markets on expectations the Federal Reserve and European Central Bank (ECB) will announce new measures to encourage growth, boosting commodity demand.
POLL-U.S. Drought, El Nino to Support Malaysia Palm Oil Prices in 2012
31/07/2012 (Reuters) - Average palm oil prices in Malaysia may hold their ground at 3,200-ringgit this year, a Reuters poll showed, supported by a squeeze in supplies of edible oil from the drought-hit U.S. Midwest and the brewing El Nino weather pattern.
New Commitment on Sustainable Palm Oil
31/07/2012 (The Guardian) - Unilever has announced it will reach its target of 100% certified sustainable palm oil covered by GreenPalm Certificates by the end of 2012, three years ahead of schedule. At the same time, we have set a new target of buying all our palm oil from traceable sources by 2020.
Activity at Karachi and Qasim Ports
31/07/2012 (Business Recorder) - The Karachi Port handled 55,773 tonnes of cargo comprising 36,975 tonnes of import cargo and 18,798 tonnes of export cargo including 1,964 loaded & empty containers during last 24 hours ended at 0700 hours on Monday. The total import cargo of 36,975 tonnes comprised of 12,889 tonnes of containerised cargo; 7,348 tonnes of general cargo; 10,538 tonnes of bulk cargo: 3,662 tonnes of DAP; 6,876 tonnes of rock phosphate and 6,200 tonnes of oil/liquid cargo.
