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MARKET DEVELOPMENT
17-05-2014

HCV Concept at Stake

17/05/2014 (Jakarta Post) - Indonesia has set aside 22.8 million hectares of conservation area in the form of national parks and reserves; however, the effectiveness of the management protecting these reserves and forests remains unproven. Deforestation has been unchecked, and occurs even in areas that have high value and vulnerable ecosystems, such as heath forest, peat swamp forest or endangered species habitat.

MARKET DEVELOPMENT
17-05-2014

Indiaâ€™s Palm Oil Imports Ease, But Seen up Before Ramadan

17/05/2014 (Business Recorder) - India's palm oil imports are expected to rise in May, as stocks are increased ahead of Ramadan to meet demand for cooking oil during the Muslim holy month.

MARKET DEVELOPMENT
17-05-2014

FGV to Take Over NBPOL?

17/05/2014 (The Star) - Speculation is rife that Felda Global Ventures Holdings Bhd (FGV) has set its sights to acquire a major stake in London Stock Exchange-listed New Britain Palm Oil Ltd (NBPOL), which has a market capitalisation of about Â£615.2mil (RM3.34bil).

MARKET DEVELOPMENT
17-05-2014

Anglo-Eastern Plantations Cautiously Reiterates 2014 Forecasts

17/05/2014 (Alliance News) - Anglo-Eastern Plantations PLC cautiously reiterated its profit and cash flow forecasts for 2014, as it expects the price of crude palm oil to remain generally stable, despite concerns that reduced output would force buyers to reduce their purchases.

MARKET DEVELOPMENT
16-05-2014

VEGOILS-Palm up for 4th Day on Strong Export Demand

16/05/2014 (Reuters) - Malaysian palm oil futures stretched gains into a fourth straight session on Thursday, touching their highest in more than two weeks as a jump in export volumes in the first half of the month underpinned prices.

MARKET DEVELOPMENT
16-05-2014

Crude Palm Oil Likely To Trade On A Mixed To Positive Note On Positive,

16/05/2014 (Commodity Online) - Palm oil futures are expected to trade on a mixed to positive note on positive overseas palm oil markets due to higher exports. However, weak domestic edible oils may cap sharp gains. Prices may also take cues from movement in the Rupee.

MARKET DEVELOPMENT
16-05-2014

Rotterdam Vegetable Oil Prices

16/05/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.

MARKET DEVELOPMENT
16-05-2014

Fitters' Shares Rise After MoU with POIC

16/05/2014 (NST) - Fitters Diversified Bhd shares on Bursa Malaysia reacted positively after its unit entered into a memorandum of understanding (MoU) with POIC Trading Sdn Bhd yesterday.

MARKET DEVELOPMENT
16-05-2014

Indonesian Palm Oil Exports and Production Grow but El Nino is Looming

16/05/2014 (Indonesia Investments) - Indonesian crude palm oil (CPO) exports may have increased 3.4 percent (month-to-month) to 1.85 million metric tons in April 2014 according to the median forecast of five analysts and traders compiled by Bloomberg. Exports are forecast to increase as buyers boost purchases ahead of the holy Muslim fasting month Ramadan in June and Idul Fitri celebrations. These festivities always trigger increased demand for palm oil. If this projection is accurate, it would imply that Indonesian CPO exports in April are the highest since December 2013.

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