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MARKET DEVELOPMENT  
  13-12-2014

Palm Oil Purchases by India Climb as Import Tax Decision Delayed

13/12/2014 (Bloomberg) - Palm oil imports by India, the world’s biggest buyer, increased for a fifth month in November as the government delayed a decision on increasing taxes.

MARKET DEVELOPMENT  
  13-12-2014

EU Labelling Changes Force Industry Action on Palm Oil

13/12/2014 (The Guardian) - From Saturday, 500 million consumers in Europe will become aware that palm oil is in their food. The EU law on food information to consumers (otherwise known as FIC) means that food stuffs can no longer get away with hiding ingredients under generic titles. Now ingredients will have to be exactly what it says on the tin, and sustainable palm oil could be a major beneficiary.

MARKET DEVELOPMENT  
  13-12-2014

Palmolein, Soyabean Oils Slide on Sluggish Demand

13/12/2014 (Business Standard) - Prices of palmolein and soyabean oils fell by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand at prevailing levels.

MARKET DEVELOPMENT  
  13-12-2014

Veg Oil Imports up 26% in November: SEA

13/12/2014 (Business Standard) - Vegetable oil imports jumped 26% in November on dumping from Malaysia and Indonesia due to zero duty on palm products in the last five years and reduced demand for crude palm oil for bio diesel, pushed the export of palm products to India to reduce burgeoning stock held by the exporting countries,according to Solvent Extractors' Association of India.

MARKET DEVELOPMENT  
  13-12-2014

Bear Pressure Drags Edible Oils

13/12/2014 (Hindu Business Line) - A weak trend was witnessed in edible oils market on the back of a bearish futures market amid slack physical demand. Lower closing of Malaysian palm oil and weak projection for Chicago soya oil futures kept players away from fresh bets

MARKET DEVELOPMENT  
  13-12-2014

Select Edible Oils Extend Losses on Easing Demand

13/12/2014 (Business Standard) - Select edible oils extended losses for the third day and prices fell up to Rs 100 per quintal at the wholesale oils and oilseeds market today due to sluggish demand against adequate stocks position.

MARKET DEVELOPMENT  
  12-12-2014

Vegoils: Market Factors to Watch Dec 12 Friday

12/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

MARKET DEVELOPMENT  
  12-12-2014

Imports Of Palm Oil Products In India On Uptrend

12/12/2014 (Bernama) - The import of palm oil products in India has been on an uptrend over the past two months due to the zero export duty by Indonesia and Malaysia, as well as prices being at the lowest in five years.

MARKET DEVELOPMENT  
  12-12-2014

Malaysia Tax Plan Makes Funds Wary of Inflation: Islamic Finance

12/12/2014 (Bloomberg) - Malaysian sukuk investors are designing strategies for 2015 that will profit as a new tax both pushes up inflation and forces central bank rate increases.

MARKET DEVELOPMENT  
  12-12-2014

Sarawak CM Warns Plantation Investors Encroaching Onto State, Communal Land

12/12/2014 (Bernama) - Sarawak Chief Minister Tan Sri Adenan Satem has warned investors against encroaching onto state and communal land to develop any sort of plantation prior to getting approval from the Sarawak Land and Survey Department.

MARKET DEVELOPMENT  
  12-12-2014

FGV & China's SZAP Collaborate To Explore Business Opportunities In Commodities

12/12/2014 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is set to mark a new foray into China by collaborating with Shenzhen Agricultural Products Co Ltd (SZAP), an agri-business trading company in China.

MARKET DEVELOPMENT  
  12-12-2014

Analysis: Indonesian Plantation Sector: Helpless

12/12/2014 (Jakarta Post) - On the back of plunging oil prices, we believe crude palm oil (CPO) prices will be helpless, unable to decouple from the downtrend of petroleum prices. This is particularly true given the country’s recent decision to move away from fuel subsidies, which will spell bad news for the Indonesian government’s biodiesel program.