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MARKET DEVELOPMENT
17-08-2012

Palm Oil Need Not Come at Expense of the Environment

17/08/2012 (Mongabay.com) - Palm oil production need not come at the expense of the environment, says Greenpeace in a new campaign that highlights a smallholder approach used by a community in Riau Province on the island of Sumatra.

MARKET DEVELOPMENT
17-08-2012

Withdraw Fines on Unripe Oil Palm Fruits, Board Urged

17/08/2012 (The Star) - The Malaysian Palm Oil Board should revoke a ruling that sees smallholders selling unripe oil palm fruits being fined, said Deputy Agriculture and Agro-based Industries Minister Datuk Chua Tee Yong.

MARKET DEVELOPMENT
17-08-2012

Malaysian Cues Lift Edible Oils

17/08/2012 (Hindu Business Line) - Edible oils rose on Thursday tracking as Malaysian palm oil rebounded and futures markets turned bullish. Imported palmolein and soya oil rose by Rs 3 and Rs 5 for 10 kg each. Indigenous sunflower oil, cottonseed oil and rapeseed oil increased by Rs 5, Rs 2 and Rs 4 for 10 kg each, respectively. Groundnut oil edged up by Rs 10 for 10 kg tracking a jump of more than Rs 30 in Saurashtra on shortage of nuts for crushing.

MARKET DEVELOPMENT
17-08-2012

Veg Oil Imports up 20% at 72.65 Lakh Tonne From Nov-Jul

17/08/2012 (Zee News) - India's import of vegetable oils rose by 20 percent to 72.65 lakh tonne in the first three quarters of the current oil year, latest industry data said.

MARKET DEVELOPMENT
16-08-2012

VEGOILS-Palm Oil Ends Higher on Export Recovery

16/08/2012 (Reuters) - Malaysian crude palm oil futures gained slightly on Wednesday as last-minute buying on rising exports for the first half of August erased losses posted earlier in the session.

MARKET DEVELOPMENT
16-08-2012

Wilmar\'s Profit Slumps on China Woes, Shares Fall To 3-Year Low

16/08/2012 (Reuters) - Wilmar International Ltd, the world's largest listed palm oil firm, missed earnings estimates for the third straight quarter as its Chinese soybean business continued to suffer, spurring broker downgrades and pushing its shares to a three-year low.

MARKET DEVELOPMENT
16-08-2012

Food Crisis Strengthens EU Biofuel Critics, May Hasten Deal

16/08/2012 (Reuters) - Drought-stricken crops and record-high grain prices have strengthened critics of the European Union biofuel industry, adding fears of a food crisis to their claims that it does not ultimately reduce carbon dioxide emissions.

MARKET DEVELOPMENT
16-08-2012

Malaysia\'s Economy Up 5.4% in Q2, Manufacturing, Demand Support Growth

16/08/2012 (The Star) - Malaysia's economic growth, as measured by gross domestic product (GDP), for the second quarter ended June 30 rose by an unexpected 5.4% year-on-year, underpinned by an expansion in manufacturing and robust domestic demand.

MARKET DEVELOPMENT
16-08-2012

Subway Staff Member Jess Panazzolo\'s Brave Bid To Stop Palm Oil Use

16/08/2012 (Herald Sun) - A young university student is leading a brave campaign against the use of a popular cooking ingredient by one of Australia's largest fast-food chains.

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