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MARKET DEVELOPMENT
21-06-2012

RSPO Foresees Global CSPO Production Touching Seven Million Metric Tonnes

21/06/2012 (Bernama) - The Roundtable on Sustainable Palm Oil (RSPO), an international multi-stakeholder organisation, foresees the global annual production for Certified Sustainable Palm Oil (CSPO) to reach over seven million metric tonnes by year-end.

MARKET DEVELOPMENT
21-06-2012

MPOC: We Canâ€™t Follow Indonesia

21/06/2012 (The Star) - Malaysia is currently mapping out plans to make its palm oil sector more competitive but it would not mirror that of Indonesia's strategies, which in reality, will result in huge losses for producers.

MARKET DEVELOPMENT
21-06-2012

Rotterdam Vegetable Oil Prices

21/06/2012 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

MARKET DEVELOPMENT
20-06-2012

VEGOILS-Palm Edges up on U.S. Dry Weather Outlook

20/06/2012 (Reuters) - Malaysian palm oil futures closed higher on Tuesday on expectations of increased demand due to concerns that dry U.S. weather could damage the soybean crop, tightening global edible oil supply.

MARKET DEVELOPMENT
20-06-2012

Quick View: Malaysia Derivatives Shine

20/06/2012 (Financial Times) - As traders scour Asia for the next big trading opportunity, the sexy asset class is not equities, nor necessarily FX, but exchange-traded derivatives.

MARKET DEVELOPMENT
20-06-2012

Felda, Louis Dreyfus Still in Talks Week Before IPO

20/06/2012 (Reuters) - Malaysia's Felda Global Ventures Holdings (FGVH.KL), the world's third-largest palm oil company by acreage, said on Tuesday it was still negotiating a strategic partnership with Louis Dreyfus before making a $3.1 billion initial public offering next week.

MARKET DEVELOPMENT
20-06-2012

Premium Prices For Certified CPO Can Reach $50 Per Ton

20/06/2012 (Jakarta Post) - Palm oil producers can derive a wide array of direct economic benefits, including premium prices, improved market access and favorable consideration for loans, upon obtaining sustainable certification, a recent study shows.

MARKET DEVELOPMENT
20-06-2012

Thai Govâ€™t to Extend Export Tariff on Crude Palm Oil

20/06/2012 (LoanSafe) - Thailandâ€™s Foreign Trade Department is planning to extend the temporary duty on exports of crude palm oil to ensure an adequate supply and stable price in the domestic market.

MARKET DEVELOPMENT
20-06-2012

Palm, Soya Oil Gains on Malaysian Cues

20/06/2012 (Hindu Business Line) - Imported palmolein and soya oil extended gain on Tuesday tracking firm futures markets abroad. Malaysian palm oil futures rose on third consecutive day on expectation of higher export demand for festivals starting from next month. Palmolein and soya refined oil rose by Rs 3 and Rs 7 for 10 kg respectively as refiners hiked rates, tracking foreign markets. Sunflower refined oil and cotton oil increased by Rs 5 each. Groundnut oil ruled unchanged despite bearish reports from Saurashtra. Rapeseed oil ruled steady.

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