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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Another Anti-Palm Oil Drive
07/06/2014 (The Star) - Palm oil exporters may have to experience yet another hard time as another anti-palm oil move is heating up in France.
Indonesia Seeks Trade Talks With Turkey Amid CPO Price Parity
07/06/2014 (Jakarta Globe) - The Indonesian government plans to initiate talks on a preferential trade agreement with the Turkish government in a move that would bring Indonesia’s crude palm oil on par with those of Malaysia, the world’s second-largest CPO producer, according to Trade Minister M. Lutfi.
Oriental Holdings Eyes Plantation Landbank Expansion In Indonesia
07/06/2014 (Bernama) - Diversified conglomerate Oriental Holdings Bhd plans to increase its oil palm plantation landbank especially in Indonesia, says group chief financial officer Adrian Wong Tet Look.
Total April Trade Up 12%
07/06/2014 (Bernama) - Malaysia's total trade in April 2014 rose by 12 per cent year-on-year to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said.
Indonesia Vulnerable to Land Disputes as Few Plantation Estate is Registered
07/06/2014 (Indonesia Investments) - The plantation sector of Indonesia is vulnerable to land disputes. Noor Marzuki, a Director at the National Land Agency (Badan Pertanahan Nasional, or BPN), a non-departmental government institution, said that currently only 30 percent of Indonesia's total plantation estate area has been registered at the BPN. This implies that 70 percent of Indonesian plantation estates are unregistered and thus susceptible to land conflicts. The total size of Indonesia's plantation estate area is 120 million hectares.
UPDATE 1-Thailand to Freeze Prices of Many Goods for 6 Months
* Price freeze to ease living costs, boost economy and confidence * Headline inflation in May hits 14-month high of 2.62 pct yr/yr * Economy hurt by months of political unrest
Palm Output in Malaysia Seen at Second Higher Ever
07/06/2014 (Bloomberg) - Palm oil production in Malaysia, the biggest supplier after Indonesia, probably climbed to the second-highest level on record for May, while exports increased the most in 14 months. Futures declined.
Palm Oil: “Act First, Consumer Demand Will Followâ€
07/06/2014 (CosmeticsDesign-Europe.com) - In order to achieve a sustainable palm oil industry and tackle the deforestation issue worldwide, actions must be taken quickly and the consumer demand will follow, says Dr Alan Knight OBE.
VEGOILS-Palm Oil Falls on Demand Worries, Weak Soyoil
06/06/2014 (Reuters) - Malaysian palm oil futures fell on Thursday, giving up gains in early trade to fall in nine out of 10 sessions as worries about dwindling demand and losses in overseas soy markets weighed.
