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MARKET DEVELOPMENT
25-11-2010

Indonesiaâ€™s Tiga Pilar Plans $175 Million Palm Oil Expansion

25/11/2010 (Bloomberg) - PT Tiga Pilar Sejahtera Food, an Indonesian producer of dried noodles, may spend $175 million to plant oil palm trees and buy a plantation company in Sumatra to tap growing demand for the commodity.

MARKET DEVELOPMENT
25-11-2010

Indonesia\'s forest protection plan at risk, says report

25/11/2010 (Mongabay.com) - ndustrial interests are threatening to undermine Norway's billion dollar partnership with Indonesia, potentially turning the forest conservation deal into a scheme that subsidizes conversion of rainforests and peatlands for oil palm and pulp and paper plantations, logging concessions, and energy production, claims a new report from Greenpeace.

MARKET DEVELOPMENT
24-11-2010

Time to Clean Up Our Homes and Cosmetics: GreenPalm Urges Businesses and Consumers to Join the Drive for Sustainable Palm Kernel Oil

24/11/2010 (Benzinga.com) - GreenPalm is urgently calling on the household and personal care industry to support the sustainable production of palm kernel oil, a common ingredient in cosmetics and home care products.

MARKET DEVELOPMENT
24-11-2010

Singapore Exchange Welcomes Palm Oil Giant Mewah International Inc

24/11/2010 (Mondovisione) - Singapore Exchange today welcomed the listing of Mewah International Inc (â€œMewahâ€), one of the largest palm oil processors in the world by capacity and the second largest in Malaysia, on the Mainboard under the ticker symbol of â€œMewahâ€.

MARKET DEVELOPMENT
24-11-2010

Controversy swirls over use of Malaysian palm oil biodiesel in Hawaii

24/11/2010 (Biofuels Digest) - In Hawaii, controversy is brewing over the Hawaiian Electric Co. (HECO) and subsidiary Maui Electric Co.â€™s plans to import Malaysian palm oil to produce biodiesel for the state. Since the project was first announced in 2007, it has been met with opposition from environmental groups concerned about the lack of sustainability of the palm oil.

MARKET DEVELOPMENT
24-11-2010

India To Increase Oil Palm Acreage- Agriculture Secretary

24/11/2010 (IIFL) - With 99% of India's annual palm oil requirement being met through imports, the government of India is actively considering to subject more of acreage under oil palm cultivation. This measure is expected to bring down India's palm oil import bill by a significant amount. Agriculture secretary of Indian agriculture ministry, P.K. Basu, chaired a recent meeting on oil palm cultivation on this account. Total annual edible oil imports of India have jumped to over 8 million tons. Of this 80% is palm oil.

MARKET DEVELOPMENT
24-11-2010

La Nina rains keep hitting Malaysia oil palm region

24/11/2010 (Commodity Online), Kuala Lumpur - Heavier monsoon rains caused by La Nina phenomenon this year continued to hit Malaysiaâ€™s key oil palm region of Sabah, according to countryâ€™s weather office.

MARKET DEVELOPMENT
24-11-2010

Palm Oil Climbs as Korea Clash Concerns Ease, Soybean Oil Rises

24/11/2010 (Bloomberg) - Palm oil futures climbed the most in more than two weeks after concerns eased about an escalation in clashes between South and North Korea, boosting commodity prices, and as soybean oil gained on dry South American weather.

MARKET DEVELOPMENT
24-11-2010

Palm Oil Growers May Be Winners From UN Forest Protection Accord in Mexico

24/11/2010 (Bloomberg) - When United Nations climate negotiators meet next week in Mexico and debate protecting tropical rainforests, Golden Agri-Resources Ltd. and rival oil- palm growers in Southeast Asia will be paying attention.

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