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MARKET DEVELOPMENT
01-02-2013

Mewah to Complete Palm Oil Refinery in Malaysia by End of Year

01/02/2013 (Bloomberg) - Mewah International Inc. (MII), an edible oils and fats processor, will complete a refinery in Malaysia after the country cut export taxes on crude palm oil, potentially boosting margins.

MARKET DEVELOPMENT
01-02-2013

Cameroon: French and Cameroonian Presidents Meet, but Will They Talk About Palm Oil?

01/02/2012 (AllAfrica) - The French President Francois Hollande today received his Cameroonian counterpart, Paul Biya, at the ElysÃ©e Palace in Paris - and there was not a lack of potential topics for discussion.

MARKET DEVELOPMENT
01-02-2013

Palm Oil Surges to Three-Month High as Stockpiles Seen Falling

01/02/2013 (Bloomberg) - Palm oil rallied to the highest level in more than three months on speculation that Malaysian stockpiles will drop from a record as a zero export tax lures buyers away from Indonesia, the worldâ€™s largest producer.

MARKET DEVELOPMENT
01-02-2013

Palmolein Firms up on Fears Over Soya Yield

01/02/2013 (Hindu Business Line) - Groundnut oil rose by Rs 5 for 10 kg on Thursday despite heavy selling in Saurashtra, where it fell by Rs 10. Sunflower expeller oil and cottonseed refined oil declined by Rs 5 and Rs 2 for 10 kg each. Palmolein, soyabean oil, sunflower oil and rapeseed refined oil ruled unchanged despite lack of demand.

MARKET DEVELOPMENT
01-02-2013

Indonesia\'s Agric Ministry Backs Province\'s Forest Moratorium

01/02/2013 (Reuters) - Indonesia's agriculture ministry backs a move by East Kalimantan to impose a forest moratorium in the province, an official said on Friday, in what may signal a softening in the department's opposition to extending the nationwide forest destruction ban.

MARKET DEVELOPMENT
01-02-2013

Palm Oil Imports Affecting Wildlife in Indonesia, Malaysia

01/02/2013 (Business Standard) - Oil palm plantations often impose environmental and social costs due to indiscriminate forest clearing leading to habitat loss of threatened and endangered species and disregard for the rights and interests of local communities in these countries, the report says.

MARKET DEVELOPMENT
01-02-2013

Govt Hikes Base Price on Edible Oil Imports Up To $29 A Tonne

01/02/2013 (Hindu Business Line) - The Government has hiked the tariff value or base import price for most edible oils including RBD palmolein and crude soya oil in line with rise in global prices.

MARKET DEVELOPMENT
31-01-2013

Lonza Joins Roundtable on Sustainable Palm Oil

31/01/2013 (WorldPressOnline) - Lonza today announced membership in the Roundtable on Sustainable Palm Oil (RSPO), an international organization of growers, processors, traders, non-governmental organizations, investors, retailers and consumer goods manufactures working together to ensure that uses of palm oil are managed sustainably.

MARKET DEVELOPMENT
31-01-2013

VEGOILS-Palm Ends Off 3-Month High on Exports, South American Weather

31/01/2013 (Reuters) - Malaysian palm oil futures jumped on Thursday to their highest in more than three months, supported by better-than-expected exports and concerns over dry weather in key soy-producing areas in Argentina.

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