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MARKET DEVELOPMENT
24-04-2012

Bursa Suq Al-Sila Offers Palm Olein Trading

24/04/2012 (Business Times) - The world's first end-to-end Syariah-compliant commodity trading platform, Bursa Suq Al-Sila' (BSAS), has added RBD Palm Olein as a new commodity offering.

MARKET DEVELOPMENT
24-04-2012

Felda to Talk to SC on KPF Role in Listing

24/04/2012 (Business Times) - Federal Land Development Authority (Felda) will talk to the Securities Commission (SC) in the next few days on how to include Koperasi Permodalan Felda (KPF) as one of the shareholders in the upcoming listing of Felda Global Ventures Holdings Bhd (FGVH).

MARKET DEVELOPMENT
24-04-2012

VEGOILS-Palm Slips on Euro Zone Woes; Asian Demand Supports

24/04/2012 (Reuters) - Malaysian palm oil fell on Monday after a slew of European indicators signalled a faster rate of economic contraction and limited hopes for a strong recovery in growth.

MARKET DEVELOPMENT
24-04-2012

Report: Palm Oil Project Hurts Land, Residents in Uganda

24/04/2012 (Voice of America) - The environmental group Friends of the Earth-Uganda released a report Monday describing human rights violations and environmental destruction in pursuit of biofuels by a foreign joint venture. The report follows the planting of almost 10,000 hectares of palm oil plantations by BIDCO - an East African oilseed company - with World Bank and Ugandan government support.

MARKET DEVELOPMENT
24-04-2012

Activity at Karachi and Qasim Ports

24/04/2012 (Business Recorder) - The Karachi Port handled 318,540 tonnes of cargo comprising1 249,054 tonnes of import cargo and 69,486 tonnes of export cargo including 3,568 loaded & empty containers during last 48 hours ended at 0700 hours on Monday.

MARKET DEVELOPMENT
23-04-2012

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.

MARKET DEVELOPMENT
23-04-2012

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.

MARKET DEVELOPMENT
23-04-2012

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.

MARKET DEVELOPMENT
23-04-2012

Vegetable Oil Imports May Rise to 9.7 MT in \'12-13

23/04/2012 (Hindu Business Line) - The countryâ€™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.

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