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MARKET DEVELOPMENT
09-07-2012

OSK Research Upgrades Plantation Sector To Overweight

09/07/2012 (The Star) - OSK Investment Research is upgrading the plantation sector to Overweight on expectation of palm oil price entering a new three-year price upcycle, fuelled by increasing probability of a drought-inducing El Nino weather phenomenon.

MARKET DEVELOPMENT
09-07-2012

Cheap Cooking Oil Provided For Locals

09/07/2012The (Jakarta Post) - Hundreds of local people in the village of Candi Binangun in Sleman regencyâ€™s Pakem district, flocked to the pasar murah (low-priced market), jointly organized by the Indonesian Islamic University (UII) and PT Sinar Mas, to purchase palm oil sold at reduced prices on Sunday.

MARKET DEVELOPMENT
09-07-2012

Price Hike To Neutralise Likely Ramazan Relief

09/07/2012 (DAWN.com) - While manufacturers and traders have increased the prices of all basic commodities over the recent months in the absence of an effective price checking mechanism and an efficient consumer rights body, huge discounts to be announced during Ramazan are not likely to provide the much needed relief to consumers

MARKET DEVELOPMENT
07-07-2012

VEGOILS-Palm Ends Off 5-Week High, Demand Hopes Cap Losses

07/07/2012 (Reuters) - Malaysian crude palm oil futures eased from a fresh five-week high on Friday as some traders booked profits from an overbought market, although expectations of strong demand curbed losses.

MARKET DEVELOPMENT
07-07-2012

Feeding Indiaâ€™s Demand

07/07/2012 (The Star) - India's growing consumption of palm oil products translates into higher imports from Malaysia. Demand for palm oil products in India the world's second largest vegetable oil consumer after China is driven by factors such as an expanding middle class, palm oil's relatively low prices, and stagnant domestic production levels of edible oils.

MARKET DEVELOPMENT
07-07-2012

Price Hike On The Eve of Ramadan

07/07/2012 (Financial Express) - Prices are on the rise prior to Ramadan. Common people are suffering because of the rise in prices of 10 essential commodities. Gram now sells at Tk 90/95 per kg.

MARKET DEVELOPMENT
07-07-2012

Fitters Group\'s Green Mill Makes Inroads Into Indonesia

07/07/2012 (The Star) - Fitters Group Bhd has secured a US$3.87mil (RM12.28mil) contract with PT United Kingdom Indonesia Plantations (UKINDO) for its green mill project.

MARKET DEVELOPMENT
07-07-2012

Edible Oils Surge on Weak $, Monsoon

07/07/2012 (Hindu Business Line) - Barring groundnut oil that ruled steady, most edible oils extended gain on Friday. Weak and erratic monsoon pushed up indigenous oil prices higher, while price hike by domestic refineries tracking strong the dollar making import costlier, led imported palmolein and soya oil to increase by Rs 6 and Rs 8 each for 10 kg. Domestic market rose despite decline in Malaysian palm oil and domestic futures. The undercurrent remains firm on weather-driven cues, said sources.

MARKET DEVELOPMENT
07-07-2012

BOPP Re-emerges As The Best Stock on The GSE in 2nd Quarter

07/07/2012 (GhanaWeb) - Benso Oil Palm Plantation, BOPP has once again stood out as the best performing stock on the Ghana Stock Exchange in terms of returns to investors for second quarter of this year.

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