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MARKET DEVELOPMENT
18-03-2010

Changes in crude oil market affect vegoils

11/03/2010 (The Hindu Business Line), Kuala Lumpur - The relationship between crude petroleum oil and vegetable oil via the biodiesel route is by now well established. Changes in the crude petroleum market fundamentals are sure to impact vegetable oils including palm oil.

MARKET DEVELOPMENT
17-03-2010

Palm oil imports down in March

17/03/2010 (Daily Times, Pakistan) Islamabad - Pakistanâ€™s palm oil imports are seen down in March, as ample stocks will likely limit incoming shipments to around 118,000 tonnes, a top industry official said on Tuesday.

MARKET DEVELOPMENT
17-03-2010

ANALYSIS-US soyoil lures funds on biofuel optimism

16/03/2010 (Reuters), Chicago - Investment funds are betting U.S. soyoil futures, up 9 percent since February, will keep rallying as the Obama administration pushes for greater use of biofuels to reduce dependence on crude oil.

MARKET DEVELOPMENT
17-03-2010

Pakistan March palm oil imports down, no Apr cover

16/03/2010 (Reuters), Islamabad - Pakistan\'s palm oil imports are seen down in March as ample stocks will likely limit incoming shipments to around 118,000 tonnes, a top industry official said on Tuesday.

MARKET DEVELOPMENT
17-03-2010

Rain, Storms Forecast in Malaysiaâ€™s Palm Oil Areas, Prices Fall

16/03/2010 (Bloomberg) - Rains and thunderstorms were forecast in Malaysiaâ€™s biggest palm oil producing states, easing concerns El Nino may curb output in the worldâ€™s second-largest producer of the tropical oil. Prices fell.

MARKET DEVELOPMENT
17-03-2010

Consumers Must â€˜Get Used toâ€™ Higher Oilseed Prices, Mistry Says

16/03/2010 (Bloomberg) - Prices of vegetable oils must rise to encourage farmers to boost planting and meet surging global demand for food and biofuels, Godrej International Ltd. said.

MARKET DEVELOPMENT
17-03-2010

Vegetable oil imports down 8% to 0.7 mt

16/03/2010 (The Financial Express), New Delhi - India's vegetable oil imports in February fell 8% to 700,769 tonne from a year ago as higher purchases in the previous months pushed up port stocks, the Solvent Extractors Association of India (SEA) said on Monday.

MARKET DEVELOPMENT
15-03-2010

15/03/2010 (Guardian.co.uk) - The head of operations for NestlÃ© Jose Lopez has told Guardian Sustainable Business that he expects to eliminate all traces of palm oil from Sinar Mas from its supply chain by mid-May, providing the allegations by Greenpeace linking the company to deforestation stand up.

MARKET DEVELOPMENT
15-03-2010

Palm oil declines to lowest level in almost two weeks

15/03/2010 (Bloomberg), Singapore - Palm oil dropped for a third day to the lowest level in almost two weeks as crude oil fell and on concerns record soybean supplies from South America will reduce the need for substitutes.

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