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MARKET DEVELOPMENT
14-08-2014

India's July Palm Oil Imports up A Tenth as Local Supplies Lag

14/08/2014 (Reuters) - India's palm oil imports rose by a tenth to 657,750 tonnes in July from a month earlier, data from a leading trade body showed, as buyers boosted shipments to meet a big gap in local supplies amid poor monsoon rains.

MARKET DEVELOPMENT
14-08-2014

3rd Palm Oil Africa Opens in Ghana, Focuses on Palm Oil, Rubber & Cocoa Sectors

14/08/2014 (PRWEB) - The movers and shakers of the African palm oil industry along with the cocoa and rubber investors and stakeholders are gearing up for the African edition of CMTâ€™s Palm Oil series, which offers vital industry dialog on â€˜Mounting Pressures on Sustainability & New Challenges for the Palm Oil Industryâ€™.

MARKET DEVELOPMENT
14-08-2014

Sime Darby Slows Liberia Operations Due to Ebola Virus

14/08/2014 (Bloomberg) - Sime Darby Bhd (SIME), the worldâ€™s biggest listed palm oil producer, said itâ€™s slowing production in Liberia because of the Ebola virus.

MARKET DEVELOPMENT
14-08-2014

Agric Firmsâ€™ Earnings Soar on Higher Palm Oil Prices

14/08/2014 (BusinessDay) - Two major agriculture firms operating in Nigeriaâ€™s oil palm sector which are quoted on the Nigerian Stock Exchange (NSE) have recorded the strongest growth in six quarters, as second-quarter 2014 earnings spiked on increased price of palm oil at the international market, BusinessDay analysis shows.

MARKET DEVELOPMENT
14-08-2014

Land Identified for Oil Palm Estates in Limbang District

14/08/2014 (Borneo Post) Felda has identified some 10,900 hectares of land belonging to landowners in Kuala Medalam, Limbang District to be turned into oil palm plantations.

MARKET DEVELOPMENT
14-08-2014

Sumitomo Takes Control of Malaysian Fertilizer Maker

14/08/2014 (The Japan Times) - Sumitomo Corp. and its Singapore-based unit, Sumitomo Corp. Asia & Oceania Pte. Ltd., have taken a controlling stake in Malaysian fertilizer maker Union Harvest Sdn. Bhd.

MARKET DEVELOPMENT
14-08-2014

â€˜Reduce Tariffs on Raw Materialsâ€™

14/08/2014 (NewsDay) - Government needs to explore measures aimed at formulating tariffs that reduce the cost of importing raw materials in order to make local industry more competitive, a local commerce body has said.

MARKET DEVELOPMENT
13-08-2014

VEGOILS-Palm Oil Ticks up From 1-Year Low; Rising Supply Weighs

13/08/2014 (Reuters) - Malaysian palm oil edged higher on Tuesday after sliding to its lowest in more than a year as some pressure from higher-than-expected stockpiles and prospects of rising global edible oil production were lifted by hopes of an El Nino weather pattern limiting crop output.

MARKET DEVELOPMENT
13-08-2014

Rabobank Expects Neutral Year for Crude Palm Oil

13/08/2014 (The Star) - Agriculture-based Rabobank expects it to be a fairly neutral year for crude palm oil (CPO), with prices expected to be higher in the fourth quarter at an average of RM2,500 per tonne compared to the third quarter's RM2,400.

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