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MARKET DEVELOPMENT  
  12-10-2013

VEGOILS-Palm Prices Dip As Traders Wait for US Debt Deal

12/10/2013 (Reuters) - Malaysian palm oil futures eased slightly on Friday due to profit-taking after five days of gains, with trading seen range-bound as the focus shifts to U.S. lawmakers who are struggling to reach a deal to avert a possible sovereign default next week.

MARKET DEVELOPMENT  
  12-10-2013

CPO Prices Seen Retreating

12/10/2013 (The Star) - With barely three months left in 2013, many oil palm players seem to have come to terms with the likelihood that crude palm oil (CPO) won\'t climb back above the RM2,500 per tonne mark by year-end.

MARKET DEVELOPMENT  
  12-10-2013

Accredited Palm Oil Scheme

12/10/2013 (Confectionery Production) - British company BM TRADA has become the world’s first certification body to be accredited for a sustainable palm oil scheme.

MARKET DEVELOPMENT  
  12-10-2013

PREVIEW-India\'s Sept Palm Oil Imports Seen Rising, Helped By Rupee

12/10/2013 (Reuters) - India's palm oil imports may have gone up in September for the first time in four months after a rally in the rupee cut costs, a Reuters survey showed, and that trend could continue next month because of buying for the festival season.

MARKET DEVELOPMENT  
  12-10-2013

Palm Drops for First Time in Six Days on Indian Demand Outlook

12/10/2013 (Bloomberg) - Palm oil retreated for the first time in six days on speculation that imports from India, the world’s biggest buyer, will decline before the country’s record oilseed harvest.

MARKET DEVELOPMENT  
  12-10-2013

Oil Palm can Be Made More Biodiversity Friendly — Experts

12/10/2013 (Forests News, Center for International Forestry Research) - If notoriously non-biodiverse oil palm plantations are developed only on degraded land, they will cause less damage to biodiversity, advise researchers from the Center for International Forestry Research (CIFOR).

MARKET DEVELOPMENT  
  11-10-2013

VEGOILS-Palm Hits 1-mth High on Weaker-Than-Expected Stocks, Output

11/10/2013 (Reuters) - Malaysian palm oil futures climbed to their highest in more than a month on Thursday, reversing the morning's losses and posting their fifth straight day of gains after an industry report showed inventories in September were less than expected.

MARKET DEVELOPMENT  
  11-10-2013

September CPO Production Rises 10.2 Per Cent To 1,912,237 Tonnes

11/10/2013 (Bernama) - Malaysia's crude palm oil (CPO) production in September increased 10.20 per cent to 1,912,237 tonnes from 1,735,284 tonnes in August, the Malaysian Palm Oil Board (MPOB) said Thursday.

MARKET DEVELOPMENT  
  11-10-2013

Slower Recovery for Plantation Sector on Lower Sept Figures

11/10/2013 (Borneo Post) - The plantation sector is not expected to have a strong recovery soon as crude palm oil production in September expanded less than the market expected coupled with high inventories which supressed the price of crude palm oil (CPO).

MARKET DEVELOPMENT  
  11-10-2013

Ivory Coast Palmci\'s H1 Net Profit Falls 30 Pct Year-on-Year

11/10/2013 (Reuters) - Ivory Coast palm oil producer Palmci's net profit fell 30 percent year-on-year to 15.30 billion CFA francs ($31.53 million) due to a slump in palm oil prices, the company said in a statement on Thursday.

MARKET DEVELOPMENT  
  11-10-2013

Bright Prospects for Philippine Agribusiness

11/10/2013 (Tempo) - The Philippine agribusiness sector faces bright prospects in the next five years, largely due to the strong showing of palm oil, sugar, and livestock industries, according to industry market reports on Philippine agribusiness released in August, 2013, by Britain-based Business Monitor International (BMI).

MARKET DEVELOPMENT  
  11-10-2013

Palm Imports by India Seen Tumbling for Third Month on Harvest

11/10/2013 (Bloomberg) - Palm oil imports by India, the world’s largest consumer, probably fell for the third month in September as traders trimmed purchases before the start of the main domestic oilseed harvest.