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MARKET DEVELOPMENT  
  13-08-2013

Palm Imports by India Seen Falling as Rupee Slumps to Record

13/08/2013 (Bloomberg) - Palm oil imports by India, the world’s largest buyer, probably declined for the first time in three months as the local currency dropped to a record, prompting importers to scale back purchases.

MARKET DEVELOPMENT  
  13-08-2013

VEGOILS/PALM OIL-Market Factors To Watch Aug 13(Tuesday)

13/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.

MARKET DEVELOPMENT  
  13-08-2013

CORRECTED-(OFFICIAL)-UPDATE 1-Malaysia Aug 1-10 Palm Exports Up 18.5 Pct

13/08/2013 (Reuters) - - Exports of Malaysian palm oil products for Aug. 1 to 10 rose 18.5 percent to 417,414 tonnes, from 352,375 tonnes during July 1 to 10, cargo surveyor Intertek Testing Services said on Monday.

MARKET DEVELOPMENT  
  13-08-2013

Edible Oils Perk Up on weak Rupee

13/08/2013 (Hindu Business Line) - Higher volumes kept the sentiment positive in the edible oils market on Monday, taking cues from firm overseas market, weak domestic currency and higher local demand ahead of festivals.

MARKET DEVELOPMENT  
  13-08-2013

India\'s Higher Import Duty On RBD To Be Positive For Malaysian Export Demand

13/08/2013 (Bernama) - The expected higher import duty to be imposed by India for refined bleached deodorised (RBD) palmolein will be a positive catalyst for crude palm oil (CPO) prices and Malaysian export demand, says Alliance Research.

MARKET DEVELOPMENT  
  13-08-2013

Kenanga Research Bullish On CPO Prices For Second Half

13/08/2013 (Bernama) - Kenanga Research is positive on crude palm oil (CPO) prices in the second half of this year and has maintained its forecast of RM2,500 per metric tonne (mt) this year, following news on lower-than-expected US soyabean production.

MARKET DEVELOPMENT  
  13-08-2013

It’s Not All Bad: Americans and Palm Oil

13/08/2013 (National Geographic) - Your family carefully sorts your trash and composts table scraps weekly and tries really hard to remember to bring cloth or canvas bags to the grocery store. Some of us drive hybrid cars and support wind power, while others ride a bike to work because they want to reduce their carbon footprint.

MARKET DEVELOPMENT  
  12-08-2013

VEGOILS/PALM OIL-Market Factors To Watch Aug 12(Monday)

12/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT  
  12-08-2013

MALAYSIA PRESS-Kulim\'s New Britain Palm Oil listing hits snag-The Edge

12/08/2013 (Reuters) - New Britain Palm Oil Ltd independent directors\' decision to unanimously reject the 20 percent partial offer launched by Kulim (Malaysia) Bhd may have thrown a spanner in the latter\'s plan to list the plantation firm in Singapore.

MARKET DEVELOPMENT  
  12-08-2013

Palm Oil Shortages Could Hurt B7 Bio-Diesel, Bangchak Exec

12/08/2013 (The Nation) - Yodphot Wongrukmit, senior executive vice president for marketing at Bangchak Petroleum, said that the company's refinery, oil depot, and service stations were ready to switch to provide the B7 standard - or the diesel with a 7 per cent palm oil content - from January 1.

MARKET DEVELOPMENT  
  12-08-2013

India and China Oil Palms Dangerously

12/08/2013 (Reuters) - When there is feasting in India, Pakistan and Bangladesh, there could just be a connection between the celebrations and the fires on Indonesia's Sumatra Island that trigger frequent transboundary smog.

MARKET DEVELOPMENT  
  12-08-2013

Palm Oil Helps Watawala Shine

12/08/2013 (The Nation) - Sri Lanka’s leading Agribusiness group, Watawala Plantations PLC (WATA) – a member of the Sunshine Enterprise last week said strong performance in Palm Oil had mitigated the severe loss in the Tea segment, which was largely driven by one of the worst weather conditions during the first quarter of the FY 2013/14. The Group’s revenue grew by 14% (YoY) to Rs.1.5 billion whilst Profit after Tax (PAT) declined to Rs.11.4 million, compared to a PAT of Rs.147.5 million posted during the same quarter last year.