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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
Palm Oil Prices May Have Peaked Already; More Softness Likely
23/04/2012 (Hindu Business Line) - The bull-run in crude palm oil prices could be coming to an end sooner than many believed until recently. On Bursa Malaysia in Kuala Lumpur, crude palm oil price touched a season high of a little over Malaysian Ringgit 3,600 a tonne earlier this month; but has corrected down by about RM 200 in the last few days. Holders of speculative long positions especially hedge funds have begun to exit the market because of a view that the current tightness may not last long contrary to expert assertions. More softness in palm oil prices could be in store as technical analysts suggest that the bullish momentum of crude palm oil futures have now been lost after rallying for nearly three months.
Activity at Karachi and Qasim Ports
23/04/2012 (Business Recorder) - The Karachi Port handled 101,581 tonnes of cargo comprising1 84,191 tonnes of import cargo and 17,390 tonnes of export cargo including 3,707 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday.
India-Indonesia Bilateral Trade Target Revised to $ 45 Bn
23/04/2012 (IBNLive.com) - Seeing bigger potential in the fast growing business between India and Indonesia, the bilateral trade target for 2015 has been revised from $25 billion to $45 billion, Indonesian Ambassador Andi M Ghalib said on Sunday.
Vegetable Oil Imports May Rise to 9.7 MT in \'12-13
23/04/2012 (Hindu Business Line) - The country’s vegetable oils imports are likely to grow by two per cent to 9.7 million tonnes in the 2012-13 marketing year starting October on account of widening demand-supply gap, according to a latest report.
Researchers Urge for More Investment in Agri Sector
23/04/2012 (Daily Times) - Pakistan has been ranked as one of the least agriculture research spending countries of the world - depriving its farmers of higher productivity benefits besides increases in production cost, said one of the top researchers of the country here on Saturday.
AON, CIMB Team Up for Insurance Services
23/04/2012 (Jakarta Post) - Bank CIMB Niaga (BNGA) has agreed to team up with insurance broker PT AON Indonesia to provide insurance services to the bank’s clients in the shipping business.
Palm Oil\'s \'Secret, Bountiful Yield\'
23/04/2012 (New Straits Times) - Jana Miertus' eyes widened when she learnt that palm oil is the most consumed edible oil in the world, commanding 30 per cent market share.
Degraded Land for Sustainable Palm Oil in Indonesia: Practical Guidance
23/04/2012 (Environmental Expert) - In Indonesia, policy-makers and industry leaders are developing policies and practices in support of low-carbon palm oil production on “degraded land.â€
US Trade Barrier Forces Nigeria’s Palm Oil Business into Reverse Gear .
23/04/2012 (BusinessDay) - The big opportunity for Nigeria and other developing countries to reap the benefits of the ongoing robust global development for biofuels has suffered a setback.
