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MARKET DEVELOPMENT
22-03-2014

Activity at Karachi and Qasim Ports

22/03/2014 (Business Recorder) - The Karachi Port handled 130,915 tonnes of cargo comprising 86,219 tonnes of import cargo and 44,696 tonnes of export cargo including 5,445 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 86,219 tonnes comprised of 32,469 tonnes of containerised cargo; 150 tonnes of general cargo; 12,100 tonnes of coal and 41,500 tonnes of oil/liquid cargo.

MARKET DEVELOPMENT
22-03-2014

Colombia Eyes Big Boost in Biofuel Production

22/03/2014 (La Prensa) - Colombia, the fifth-largest producer of palm oil-based biodiesel and 10th-largest maker of sugarcane-based ethanol, plans to boost production of both biofuels by around 50 percent in the 2014-2015 period.

MARKET DEVELOPMENT
22-03-2014

Commodity Update: Anticipating Higher Prices of Coffee, Palm Oil and Cacao

22/03/2014 (Indonesia Investments) - So far, the year 2014 is marked by adjustments in forecasts for commodities demand and prices on the global market. The primary example is coffee. Due to severe drought in Brazil, weak coffee production is expected to result in a shortage of coffee on the international market. Uncertainty about the extent of the shortage has pushed coffee prices up by about 65 percent since the end of 2013. Meanwhile, Brazil's reduced arabica output cannot be replaced by Indonesia's robusta coffee due to high rainfall in the archipelago.

MARKET DEVELOPMENT
22-03-2014

RPT-VEGOILS-Palm Oil Prices Fall on Export Data, Weather Relief

22/03/2014 (Reuters) - Malaysian palm oil futures fell to a three-week low on Friday, tracking weakness in competing edible oil markets, while downbeat export data and improving weather conditions also weighed on prices.

MARKET DEVELOPMENT
22-03-2014

GE, GNS To Jointly Develop Biogas-to-power Solution For Malaysian Power Mart

22/03/2014 (Bernama) - General Electric (GE) has signed an agreement with Green and Smart Sdn Bhd (GNS) to jointly develop a palm oill mill effluent (POME) biogas-to-power solution for Malaysia.

MARKET DEVELOPMENT
21-03-2014

VEGOILS-Palm Slips on Poor Export Data, Weak Overseas Soy Markets

21/03/2014 (Reuters) - Malaysian palm oil futures ended lower Thursday after a slight pick-up a day earlier, to fall for seven out of the last eight sessions, as poor export data stoked concerns of dwindling global demand for the tropical oil.

MARKET DEVELOPMENT
21-03-2014

Yara Ghana Lends Support To Oil Palm Sustainability In Ghana

21/03/2014 (Peace FM Online) - Yara Ghanalimited, a leading mineral fertilizer company in the Country has embarked on an Oil Palm training programme aimed at promoting the Suitability of Oil Palm production in Ghanathrough the improvement of yield and the integration of the different facets of the industry.

MARKET DEVELOPMENT
21-03-2014

RI Proposes Trade Platform for CPO Exports

21/03/2014 (Jakarta Post) - Indonesia has proposed that the European Union establish a common platform on sustainability to ease the flow of crude palm oil (CPO) exports into Europe.

MARKET DEVELOPMENT
21-03-2014

Mistry Bullish on Palm Oil as El Nino Threatens to Parch Trees

21/03/2014 (Bloomberg) - Palm oil may extend its advance in April to the highest level since 2012 after dry weather in Southeast Asia hurt crops and as El Nino looms later this year, said Dorab Mistry, director at Godrej International Ltd.

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