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MARKET DEVELOPMENT  
  05-08-2013

Palm Oil Prices Weigh on Golden Agri-Resources’ Results

05/08/2013 (Motley Fool Singapore) - Golden Agri-Resources (SGX: E5H) just released its 2Q results on Friday evening after market close. The world’s second largest palm oil plantation company, Golden Agri-Resources (GAR in short), saw its top-line for the quarter increased by 25% from last year; however, net profits plunged 58% from US$108m to US$45m.

MARKET DEVELOPMENT  
  05-08-2013

Commodity Weekly Report 4 August 2013

05/08/2013 (Borneo Post) - The US non-payroll rose 162,000 in July which was quite unexpectedly among market traders.

MARKET DEVELOPMENT  
  05-08-2013

RI Braces for Dim Export Outlook

05/08/2013 (Jakarta Post) - Indonesia is bracing for a gloomy trade outlook until the end of this year as non oil and gas exports will likely remain stagnant due to weak demand from most of its key trading partners.

MARKET DEVELOPMENT  
  05-08-2013

Shipping Activity at Port Qasim

05/08/2013 (Business Recorder) - Three ships arrived at Port to load/offload containers at QICT, palm oil at LCT on 2nd August, 2013.

MARKET DEVELOPMENT  
  05-08-2013

Edible Oil Prices Up On Increased Buying

05/08/2013 (Hindu Business Line) - Edible oil prices strengthened up to Rs 200 per quintal in the wholesale oil and oilseeds market on Saturday on increased buying by vanaspati millers.

MARKET DEVELOPMENT  
  05-08-2013

The Much Needed New Growth Strategy

05/08/2013 (Jakarta Post) - Indonesia needs to change its growth strategy as the present engines of growth have ended because of global recession and slow growth in China and India.

MARKET DEVELOPMENT  
  03-08-2013

VEGOILS-Palm Inches Lower, Posts Biggest Weekly Gain in 6 Months

03/08/2013 (Reuters) - Malaysian palm oil futures ended slightly lower on Friday, as traders booked profits ahead of the weekend, although losses were capped by an export jump in the second half of July that could keep a lid on stocks in the world's No.2 producer.

MARKET DEVELOPMENT  
  03-08-2013

Palm Oil Heads for First Weekly Advance in Four as Exports Gain

03/08/2013 (Bloomberg) - Palm oil climbed for a fourth day, poised for the biggest weekly gain since February, as a weaker ringgit increased prospects for exports from Malaysia, the world’s second-largest producer.

MARKET DEVELOPMENT  
  03-08-2013

PREVIEW-Malaysia July Palm Oil Stocks Seen at Lowest in Over 2 Years

03/08/2013 (Reuters) - Malaysia\'s end-July palm oil stocks likely eased to their lowest in more than two years as demand for the tropical oil continued to outstrip production, a Reuters survey of five plantation companies showed on Friday.

MARKET DEVELOPMENT  
  03-08-2013

Weakening Ringgit A Boon to Palm Oil and Timber Players

03/08/2013 (Borneo Post) - The current weakening of the ringgit against the US dollar is said to be a boon for players in the plantation and timber sectors.

MARKET DEVELOPMENT  
  03-08-2013

NGOs Form Coalition for Bigger Say in Palm Oil Debate

03/08/2013 (The Star) - Several non-governmental organisations have grouped together to form the Malaysian Palm Oil NGO coalition (MPONGOC) to engage more effectively with the major players in the palm oil industry.

MARKET DEVELOPMENT  
  03-08-2013

Palm Kernel Oil To Polyamide

03/08/2013 (Chemistry World) - German speciality chemicals firm Evonik has announced that it is producing bio-based ω-amino lauric acid at a pilot-scale plant in Slovakia. The material can be used to make polyamide 12 as an alternative to petroleum-derived laurin lactam.