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MARKET DEVELOPMENT
26-06-2013

Gapki Says Donâ€™t Blame Its Members for Fires

26/06/2013 (Jakarta Globe) - The Indonesian Palm Oil Association believes that its members are not to be blamed for the string of forest fires in Sumatraâ€™s Riau province that attracted international attention.

MARKET DEVELOPMENT
26-06-2013

Palm Oil Gains as Exports From Malaysia Climb on Ramadan Demand

26/06/2013 (Bloomberg) - Palm oil advanced for the first time in four days as exports from Malaysia, the second-largest producer, rose ahead of the Muslim fasting month of Ramadan.

MARKET DEVELOPMENT
25-06-2013

VEGOILS-Palm Slips To Lowest in Nearly 3 Weeks, Export Data Eyed

25/06/2013 (Reuters) - Malaysian palm oil futures fell to their lowest in almost three weeks on Monday as they tracked weaker soybean oil markets, but losses were limited by expectations of robust export data on Tuesday.

MARKET DEVELOPMENT
25-06-2013

Palm Oil Agreement To Increase Europeâ€™s Sustainable Supply

25/06/2013 (FoodNavigator.com) - A new European palm oil supply agreement should make it easier for companies to source 100% segregated palm oil across the continent, say the companies behind the deal.

MARKET DEVELOPMENT
25-06-2013

Indonesia\'s Crude Palm Oil Sector; CPO Price Expected to Rebound

25/06/2013 (Indonesia Investments) - The price of crude palm oil (CPO), which has been under downward pressure for a long time as global turmoil lingers on, started to rebound due to falling stockpiles in Indonesia and Malaysia. Reserves of the commodity fell because of weather conditions and because of an increase in demand ahead of the Islamic fasting month (Ramadhan). The price of crude palm oil is expected to hit the USD $900 per ton mark in late 2013, up from USD $828-865 per ton in May and June. This price recovery is expected to continue.

MARKET DEVELOPMENT
25-06-2013

Malaysian Companies Not At Fault For Open Burning - Apimi

25/06/2013 (Bernama) - Malaysian companies are not at fault in clearing land in Indonesia using fire, causing haze which has affected Singapore and parts of Malaysia, said Association of Plantation Investors of Malaysia in Indonesia (Apimi).

MARKET DEVELOPMENT
25-06-2013

Oil Palm Cultivation Is Reforestration, Planters\' Seminar Told

25/6/2013 (Bernama) - Oil palm plantation is reforestration and not the deforestration of tropical rainforest in both Malaysia and Indonesia as perceived by Western environmental non-governmental organisations (WENGOs), says Sarawak Plantation Bhd chairman Datuk Amar Hamed Sepawi.

MARKET DEVELOPMENT
25-06-2013

Sarawak Cares For Natural Forests, Environment In Developing Oil Palm Industry - Chief Minister

25/06/2013 (Bernama) - Sarawak is not developing its oil palm industry at the expense of its natural forests, peat soil and the environment, Chief Minister Tan Sri Abdul Taib Mahmud said today.

MARKET DEVELOPMENT
25-06-2013

Malaysia Needs To Boost Structural Reforms, Says World Bank

25/06/2013 (Bernama) - Malaysia needs to accelerate structural reforms to ensure that its economy remains diversified and dynamic, said the World Bank.

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