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MARKET DEVELOPMENT
16-03-2012

Fertiliser, Container Port Ready In June

16/03/2012 (Borneo Post) - The ongoing construction of the second phase of the fertiliser and container port at the Palm Oil Industrial Cluster (POIC) here is expected to be completed in a monthâ€™s time and will be fully operational by this coming June.

MARKET DEVELOPMENT
16-03-2012

Budget Expectations For Energy, Commodities

16/03/2012 (Reuter) - India announces its annual budget on Friday as high global oil prices pressure finances for Asia's third-largest crude importer and its commitment to providing cheap food to the poor weighs.

MARKET DEVELOPMENT
16-03-2012

Indonesian President\'s China Trip Will Strengthen Ties, Says Ambassador

16/03/2012 (People's Daily Online) - Indonesian President Susilo Bambang Yudhoyono's state visit to China will further strengthen the strategic bilateral relationship between the two countries, Chinese Ambassador Liu Jianchao said here Thursday.

MARKET DEVELOPMENT
16-03-2012

Restaurateurs Asked To Keep Price Increases Reasonable

16/03/2012 (Bangkok Post) - Restaurant operators are being urged to increase their food prices by a small margin of 6-8 baht a dish to reflect real costs rather than jumping 10-20 baht per item.

MARKET DEVELOPMENT
16-03-2012

Scientists Say Massive Palm Oil Plantation Will Scientists say massive palm oil plantation will \"Cut The Heart Out\" Of Cameroon\'s Rainforest

16/03/2012 (Mongabay.com) - Eleven top scientists have slammed a proposed palm oil plantation in a Cameroonian rainforest surrounded by five protected areas. In an open letter, the researchers allege that Herakles Farm, which proposes the 70,000 hectare plantation in southwest Cameroon, has misled the government about the state of the forest to be cleared and has violated rules set by the Roundtable on Sustainable Palm Oil (RSPO), of which it\'s a member. The scientists, many of whom are considered leaders in their field, argue that the plantation will destroy rich forests, imperil endangered species, and sow conflict with local people.

MARKET DEVELOPMENT
15-03-2012

VEGOILS-Palm Oil At 9-Mth High On Exports, U.S. Data

15/03/2012 (Reuters) - Malaysian crude palm oil futures rose to a nine-month high on Wednesday as recovering exports raised demand prospects for the edible oil and upbeat U.S. economic data lifted investor confidence.

MARKET DEVELOPMENT
15-03-2012

Palm Oil Climbs To Year High

15/03/2012 (Bloomberg) - Palm oil, used in everything from candy bars to instant noodles, will advance 3.4 percent to the highest in more than a year by June as cooking-oil supplies drop to the lowest in more than three decades, a survey showed. Margaret Brennan reports on Bloomberg Television's "InBusiness With Margaret Brennan."

MARKET DEVELOPMENT
15-03-2012

Palm Oil Climbs

15/03/2012 (Business Recorder) - Malaysian crude palm oil futures rose to a nine-month high on Wednesday as recovering exports raised demand prospects for the edible oil and upbeat US economic data lifted investor confidence.

MARKET DEVELOPMENT
15-03-2012

Government Nixes Request For Palm Oil Price Increase

15/03/2012 (Bangkok Post) - The government has decided against a cooking palm oil price increase requested by producers, but it may sell them cheap palm oil from reserves.

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