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MARKET DEVELOPMENT
10-07-2013

Indigenous Edible Oils Cool on Monsoon Effect

10/07/2013 (Hindu Business Line) - Indigenous edible oils, froundnut, rapeseed and cotton, declined by Rs 5, Rs 3 and Rs 10 for 10 kg each on expectation of higher kharif output due to timely monsoon. Palmolein dropped by Rs 4 on eased demand amid selling pressure. Soyabean and sunflower oil ruled unchanged.

MARKET DEVELOPMENT
10-07-2013

Palm Oil Imports by India Climb as Prices Retreat on Glut

10/07/2013 (Bloomberg) - Palm oil imports by India, the worldâ€™s largest buyer, probably increased for a second month in June as a decline in prices amid increasing global cooking oil supplies spurred demand from processors and traders. Futures in Kuala Lumpur climbed to a two-week high.

MARKET DEVELOPMENT
10-07-2013

Local Productions Drop

10/07/2013 (Solomon Star) - Production of local commodities in the country has dropped significantly throughout the month of May.

MARKET DEVELOPMENT
10-07-2013

Uggah: Subsidy of Oil Palm Seedlings Never Withdrawn

10/07/2013 (Borneo Post) - Subsidy of oil palm seedlings for smallholders in Sarawak has never been withdrawn as claimed by certain quarters.

MARKET DEVELOPMENT
10-07-2013

Felda Global Ventures Holdings Bhd : Felda Global Starts to Acquire Plantation Land in Southeast Asia

10/07/2013 (4-Traders) - Malaysia's Felda Global Ventures Holdings Bhd (5222.KU) is making land acquisitions in Southeast Asia, where it will expand its production of agricultural commodities, particularly palm oil, which the state-owned company sees as having strong growth potential.

MARKET DEVELOPMENT
10-07-2013

Sell MCX CPO July; Target Rs 506: Emkay

10/07/2013 (Moneycontrol.com) - CPO futures at MCX ended higher tracking record fall down in rupee however, BMD market closed down on expectations of better output in next month.

MARKET DEVELOPMENT
10-07-2013

HwangDBS Maintains Its \"Hold\" Call on Felda Global, Target Price RM4.40

10/07/2013 (The Star) - HwangDBS Vickers Research is maintaining its â€œHoldâ€ call on Felda Global Ventures Bhd (FGV) with a target price of RM4.40 as it does not expect any near-term re-rating catalyst due to its lacklustre earnings outlook, weak crude palm oil prices and stagnant fresh fruit bunches volume growth potential.

MARKET DEVELOPMENT
09-07-2013

VEGOILS-Palm Drops, Tracks Weak Equities; Inventory Draw Eyed

09/07/2013 (Reuters) - Malaysian palm oil futures edged down on Monday, tracking a weakness in equity markets, but losses were limited by hopes that stocks of the tropical oil in the world's No.2 producer will ease.

MARKET DEVELOPMENT
09-07-2013

Refining in Edible Oil Becomes Uneconomical: India Ratings

09/07/2013 (Moneycontrol.com) - India Ratings & Research (Ind-Ra) maintains a negative outlook on the Indian edible oil sector for H213. The agency says a reduction in spreads between imported refined palm oil and crude palm oil (CPO) which is domestically refined has made refining unviable and boosted trading activities.

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