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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
Global Demand for Palm Oil Intact
28/07/2012 (Jakarta Post) - Global demand for Indonesian palm oil grew at a steady rate in the first half of this year, as shown by an 8 percent growth in export volume to 7.91 million metric tons, easing off fears that the price of the commodity would continue to slump amid weakening global demand.
Ecobank Syndicates $228M Credit for Olam Gabon Unit
28/07/2012 (Ghana Business News) - Ecobank Capital, the investment banking arm of Ecobank, on July 25, 2012, announced it has successfully raised, in FCFA and Euro equivalent, the sum of $228 million required to close the first tranche of a loan syndication on behalf of Olam Palm Gabon (OPG), a joint venture between Olam International and the Gabon government.
Kim Loong Set to Launch Health Product After 8 Years of R&D
28/07/2012 (The Star) - Plantation group Kim Loong Resources Bhd expects to launch its tocotrienol health supplement brand called E-life Gold by year-end.
Mixed Trend in Edible Oils
28/07/2012 (Hindu Business Times) - Imported Palmolein and soyabean refined oil decline by Rs.7 and Rs.5 each on Friday on increase selling pressure and need based demand despite higher closing of Malaysian market. Groundnut oil rose by Rs.15 for 10 kgs In Mumbai tracking jump of Rs.70 for Telia tin in Saurashtra in last two days. Sunflower oil drops by Rs.5. Cotton and Rapeseed oil rule steady.
Low Sat Fat- zero Trans Fats Solution for Margarines and Shortenings
28/07/2012 (FoodNavigator-USA.com) - A product that will stabilize and solidify fats and oils, such as margarines and shortenings, with lower saturated fat and zero trans fats could be on the market in 12 to 24 months, says Adriene Eiffes, marketing specialist for Ashland Specialty Ingredients.
Wilmar International : China Asks Edible-Oil Makers to Avoid Raising Prices
28/07/2012 (4-Trades) - The Chinese government has advised edible-oil producers in China to avoid raising prices "unless absolutely necessary," stopping short of a repeat of last year's outright price cap on such products, major producer Wilmar International Ltd. (WLMIY) said Friday.
Ukraine Eyes Stronger Trade Rrelationship With Malaysia
28/07/2012 (The Star) - Fresh from its success in co-hosting the Euro 2012 football tournament, Ukraine is setting its sights on Malaysia for a stronger trade relationship.
Alliance Research Maintains Overweight Call On Plantation Sector
27/07/2012 (Bernama) - Alliance Research has maintained its "overweight" call on the plantation sector with continued expectation of a developing El Nino and possible supply shortage in the soybean market.
VEGOILS-Palm Oil Slips to 5-Wk Low on Favourable U.S. Weather
27/07/2012 (Reuters) - Malaysian crude palm oil fell to its lowest in more than five weeks on Thursday, as investors turned more bearish on forecasts for rain in parts of the U.S. Midwest that could bring some relief to the drought-hit soy crop.