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MARKET DEVELOPMENT
15-02-2013

Equatorial Palm Oil Unveils Partnership Deal To Finance Palm Bay Project

15/02/2013 (Proactive Investor) - Equatorial Palm Oil (LON:PAL) has reached another milestone in its bid to become a leading palm oil producer in West Africa.

MARKET DEVELOPMENT
15-02-2013

Malaysia to Tax Crude Palm Oil Exports in March as Price Rallies

15/02/2013 (Bloomberg) - Crude palm oil exports from Malaysia, the worldâ€™s largest producer after Indonesia, will be taxed in March for the first time in three months. Futures in Kuala Lumpur dropped.

MARKET DEVELOPMENT
15-02-2013

RI Biomass Development Needs More Shells, Says PLN

15/02/2013 (Jakarta Post) - Indonesia, the worldâ€™s largest palm oil producer, needs to consider limiting the export of palm-kernel shells (PKS) to ensure supplies of the biomass material, as the country struggles to decrease its dependency on fossil fuels, state utility firm PT PLN says.

MARKET DEVELOPMENT
15-02-2013

Plantation Owners Task FG on Funding of NIFOR

15/02/2013 (THISDay) - The Federal Government has been called upon by the Association of Plantation Owners Forum of Nigeria (POFON) to properly fund the Nigeria Institute of Oil Palm Research (NIFOR) to enable it effectively carry out its statutory role of research documentation.

MARKET DEVELOPMENT
15-02-2013

Palm Oil Stocks To Continue Downtrend Driven By Higher Exports, Says Rabobank

15/02/2013 (Bernama) - Palm oil stocks, which fell 1.9 per cent last month, is expected to continue its downtrend in coming months, driven by strong export demand, says Rabobank Agri Commodity Market Research.

MARKET DEVELOPMENT
14-02-2013

Palm Oil Slumps as Stockpiles in Malaysia Hold Near Record Level

14/02/2013 (Bloomberg) - Palm oil dropped the most in more than six weeks as reserves in Malaysia, the worldâ€™s second- largest producer, dropped less than expected last month from a record in December.

MARKET DEVELOPMENT
14-02-2013

Shipping Activity At Port Qasim

14/02/2013 (Business Recorder) - MT Bunga Azalea carrying 11,998 tonnes palm oil was allotted berth at Liquid Cargo Terminal at Port Qasim on Tuesday, port sources said here Wednesday.

MARKET DEVELOPMENT
14-02-2013

Tepid Trade Keeps Edible Oils Range Bound

14/02/2013 (Hindu Business Line) - Edible oil remained range bound in the spot market on thin trade on Wednesday, tracking slightly bearish Malaysian palm oil data. Groundnut oil dropped by Rs 5 for 10 kg. Cottonseed refined oil increased by Rs 4 for 10 kg, tracking firm trend at the producing level. Imported palmolein and soyabean refined oil ruled steady. Sunflower and rapeseed oil were unchanged despite lack of demand. Malaysian palm oil futures fell to a two-week low on Wednesday in light trade after a long holiday weekend, with investors cautious ahead of industry data.

MARKET DEVELOPMENT
14-02-2013

Indonesiaâ€™s Palm Oil Exports Seen Poised for Four-Month Low

14/02/2013 (Bloomberg) - Palm oil shipments from Indonesia, the worldâ€™s largest grower, may decline to the lowest level in four months in February as more buyers turn to Malaysia after it extended duty-free shipments to clear record stockpiles.

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