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MARKET DEVELOPMENT
18-07-2012

Parliament: Government Proposes Extending B5 Fuel Usage Programme Nationwide

18/07/2012 (Bernama) - The government proposes to extend the implementation of the B5 Fuel Usage Programme in stages nationwide, including for unsubsidised sectors latest by 2014, said Deputy Plantation Industries and Commodities Minister Datuk Hamzah Zainuddin.

MARKET DEVELOPMENT
18-07-2012

VEGOILS-Palm Oil Ends Lower, U.S. Dry Weather in Focus

18/07/2012 (Reuters) - Malaysian crude palm oil futures ended lower on Tuesday as traders booked profits from the previous day's rally, and the market could resume its advance as persistent hot and dry weather in the United States reduced global oilseeds supply.

MARKET DEVELOPMENT
18-07-2012

Musim Mas Expects More Demand For Certified Palm Oil

18/07/2012 (Jakarta Post) - Palm oil producer Musim Mas Group expects that there will be more demand for certified sustainable palm oil (CSPO), as the company is ready to provide the market with sustainable palm oil and its derivative products.

MARKET DEVELOPMENT
18-07-2012

Er Kok Leong Helped Uncover Potential of Palm Oil

18/07/2012 (The Star) - Back in the days when the use of palm oil was not as pervasive as it is today, Datuk Er Kok Leong was preoccupied with uncovering the potential of the oil.

MARKET DEVELOPMENT
18-07-2012

True-blue Planter

18/07/2012 (The Star) - KLK boss Tan Sri Lee Oi Hian is hailed as a true-blue planter by many of his peers in the palm oil industry.

MARKET DEVELOPMENT
18-07-2012

Crude Palm Oil Trading Patterns And Ideas

18/07/2012 (Forex Pros) - Crude palm oil trading range for the day is 566-577.6. Market is looking to take support at 568.5, a break below could see a test of 566 and resistance is likely to be seen at 574.3, a move above could see prices testing 577.6. In yesterday\'s trading session crude palm oil has touched the low of 569.3 after opening at 569.7, and finally settled at 571.

MARKET DEVELOPMENT
18-07-2012

Indonesia Eyes $2.5 Billion Investment to Double Palm Oil Refining Sector

18/07/2012 (MENAFN - Qatar News Agency) - Major raw palm oil producer Indonesia is eyeing investments upwards of $2.5 Billion to augment its refining industry that will double its capacity and boost supply in Asian markets and widen its lead over world's number two producer Malaysia.

MARKET DEVELOPMENT
18-07-2012

Fitters To Expand Green Solutions Division

18/07/2012 (The Star) - Fitters Diversified Bhd aims to grow its green solutions division into a core business, with a target revenue contribution of 50% by 2014.

MARKET DEVELOPMENT
18-07-2012

Edible Oils Rule Steady on Rising Demand

18/07/2012 (Hindu Business Line) - Edible oil market saw mixed trend on Tuesday with a steady rise in selected oils. Rapeseed (Mustard) oil and cotton refined extended their gains by Rs 10 and Rs 14 for 10 kg on firm reports from production centres. Backed by higher demand, selling pressure eased. Soyabean refined oil rose by Rs 2 and groundnut oil by Rs 5. Sunflower and palmolein ruled steady as demand rose.

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