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MARKET DEVELOPMENT
23-03-2013

Edible Oils Rule Steady on Global Cues

23/03/2013 (Hindu Business Line) - Firm trend continued in edible oils market on Friday. Domestic futures extended gain tracking firm Malaysian palm oil futures which rose the highest since February 25. In the physical market, despite higher volumes prices for most edible oils were steady, barring palmolein and rapeseed oil which gained Rs 2 and Rs 6 for 10 kg each.

MARKET DEVELOPMENT
23-03-2013

VEGOILS-Palm Oil Rises To 1-Month High on Export Hopes

23/03/2013 (Reuters) - Malaysian palm oil futures rose to their highest in a month on Friday and posted a 3.3 percent weekly gain as hopes of export demand whittling down stocks offset uncertainty in Europe.

MARKET DEVELOPMENT
23-03-2013

Largest Liberian Palm Oil Project is Failing Locals - Study

23/03/2013 (Reuters) - Liberia\'s largest palm oil company, Golden Veroleum, needs to review its social and environmental policies after its workers damaged graves, cleared existing crops and polluted creeks, according to an independent study it commissioned.

MARKET DEVELOPMENT
23-03-2013

Oil Palm Most Suitable Crop For Peat Areas â€” Association

23/03/2013 (Borneo Post) - Oil palm cultivation in Sarawak currently accounts for over 1.2 million hectares of arable land and has proven to be both productive as well as optimising use of designated agriculture areas.

MARKET DEVELOPMENT
23-03-2013

Highlighting The Values of Palm Oil

23/03/2013 (The Star) - Driving to the Putrajaya Marriott Hotel was somewhat of a task for me, considering my absolute lack of navigational skills. However, it was a pleasant surprise to pull up to what appeared to be like an oasis at the end of my long travel.

MARKET DEVELOPMENT
23-03-2013

Palm Oil Heads for Weekly Gain as Inventories Seen Declining

23/03/2013 (Bloomberg) - Palm oil traded near the highest level in almost a month on speculation that stockpiles in Malaysia, the worldâ€™s second-biggest producer, may decline as output drops and exports increase.

MARKET DEVELOPMENT
23-03-2013

Charity Urges Easter Egg Hunt For Unsustainable Palm Oil

23/03/2013 (Business Green) - Shoppers might consider their Easter Eggs less tasty if they knew some brands are contributing to rainforest destruction, campaigners will warn today.

MARKET DEVELOPMENT
23-03-2013

Government of The Netherlands : Ploumen Appreciates Sustainable Palm Oil Efforts By Indonesia

23/03/2013 (4-Traders) - The Netherlands welcomes Indonesian efforts to make palm oil production more sustainable. Lilianne Ploumen, Minister for Foreign Trade and Development Cooperation, and the Indonesian Deputy Trade Minister, Mr Bayu Krisnamurthi, discussed this matter on Thursday.

MARKET DEVELOPMENT
23-03-2013

Palm Oil To Test Resistance, Drop

23/03/2013 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives exchange ended higher on Friday, the highest in a month on Friday on hopes of export demand paring record stocks. Despite weak market sentiment on the back of concerns about a possible debt default by Cyprus that could hit the euro zoneâ€™s fragile recovery and crimp edible oil demand, prices rallied higher.

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