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MARKET DEVELOPMENT
17-05-2013

Using Certified Sustainable Palm Oil No Longer Good Enough, Says WWF

17/05/2013 (FoodNavigator.com) - Using palm oil certified as sustainable under the Roundtable on Sustainable Palm Oil (RSPO) is no longer enough to ensure companies are acting responsibly, claims the WWF following the adoption of new RSPO standards.

MARKET DEVELOPMENT
17-05-2013

â€˜Revise Baseline Price of CPO Duty To RM2,300â€™ Call

17/05/2013 (The Star) - The current baseline price to determine the crude palm oil (CPO) export duty should be revised higher to RM2,300 from the RM2,250 per tonne currently to commensurate with the continued downtrend in CPO prices and the rising cost of production among oil palm plantation operators, said industry players.

MARKET DEVELOPMENT
17-05-2013

Ghana: Bopp Posts Significant Results

17/05/2013 (AllAfrica.com) - The Benso Oil Palm Plantation (BOPP) Limited posted profit after tax of GHÂ¢13.41 million last year, as against GHÂ¢9.59 million in 2011, which represents an increase of about 40 per cent.

MARKET DEVELOPMENT
17-05-2013

Indonesia Extends Forest-Clearing Ban for 2 Years

17/05/2013 (Bloomberg) - Indonesia has approved a two-year extension to a landmark ban on clearing primary rainforests and peatlands, officials said Thursday. Environmentalists praised the move but said the government must do more to curb the nation\'s burgeoning production of greenhouse gases.

MARKET DEVELOPMENT
17-05-2013

Mixed Trend in Edible Oils

17/05/2013 (Hindu Business Line) - Edible oils witnessed a mixed trend on Thursday despite extended gain in futures markets. Palmolein rose by Re 1 and cotton refined oil increased by Rs 3. Rapeseed oil declined by Rs 2.

MARKET DEVELOPMENT
17-05-2013

Singapore Commodity Firms Crimp Spending in Challenging Times

17/06/2013 (The Sun Daily) - Singapore-listed commodity firms Olam International Ltd, Noble Group Ltd and Wilmar International Ltd are cutting capital expenditure, making more selective acquisitions and seeking partnerships to weather volatile markets.

MARKET DEVELOPMENT
17-05-2013

Shipping Activity at Port Qasim

17/05/2013 (Daily Times) - Two ships carrying containers and palm oil were allotted berths at Qasim International Container Terminal and Liquid Cargo Terminal respectively at Port Qasim on Wednesday, Port sources said on Thursday

MARKET DEVELOPMENT
17-05-2013

Krabi Farmers Threaten Airport Blockade

17/05/2013 (Phuket Gazette) - Krabi palm oil and rubber plantation workers have threatened to blockade Krabi Airport if the government does not increase the legal minimum prices for their produce by next Thursday.

MARKET DEVELOPMENT
17-05-2013

Palm Oil Set for Second Weekly Gain as Demand Outlook Improves

17/06/2013 (Bloomberg) - Palm oil headed for a second weekly advance on speculation that exports from Malaysia, the worldâ€™s second-largest producer, may rebound and trim stockpiles.

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