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MARKET DEVELOPMENT
23-05-2012

Sabah Poised To Be World\'s 3rd Largest Palm Oil Producer

23/05/2012 (Bernama) - If Sabah were an independent country, it would be the world's third largest producer of palm oil.

MARKET DEVELOPMENT
23-05-2012

Cameroon Says Cargill Eyes 50,000-Ha Oil Palm Project

23/05/2012 (Reuters) - U.S agribusiness conglomerate Cargill plans to invest up to 200 billion CFA francs ($390 million) in a 50,000-hectare oil palm plantation in Cameroon, an official at the Central African nation's investment agency said on state radio.

MARKET DEVELOPMENT
23-05-2012

Activity At Karachi and Qasim Ports

23/05/2012 (Business Recorder) - The Karachi Port handled 97,851 tonnes of cargo comprising 78,220 tonnes of import cargo and 19,631 tonnes of export cargo including 3,699 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday.

MARKET DEVELOPMENT
23-05-2012

Palm Oil\'s Tasty Buying Opportunity

23/05/2012 (Investors Chronicle) - Commodity prices generally have been hit hard by the renewed bout of market volatility, and crude palm oil (CPO) is no exception - it\'s fallen to a five-month low. But the impact of extreme weather conditions on the edible-oil market means prices may well start firming in the third quarter, and beyond 2013 palm oil fundamentals look strong due to a hiatus in planting caused by the credit crunch. All in all, the recent slump could prove to be a buying opportunity.

MARKET DEVELOPMENT
23-05-2012

Felda Global Secures 3 More Cornerstone Investors Ahead Of Over $3 Billion Malaysia IPO - Source

23/05/2012 (Fox Business) - Felda Global Ventures Holdings Bhd has secured three more cornerstone investors, including Hong Kong-based insurance giant AIA Group Ltd. (1299.HK), ahead of its over $3.00 billion Malaysian initial public offering, a person familiar with the matter said Tuesday.

MARKET DEVELOPMENT
23-05-2012

Indonesia Missing Shot to Be â€˜Biofuel Kingâ€™

23/05/2012 (Jakarta Globe) - Indonesia could be the biggest producer of biofuel in the world, but only if the government is serious about developing the industry, analysts say.

MARKET DEVELOPMENT
22-05-2012

VEGOILS-Palm Oil Inches Up On Exports; Europe Woes Weigh

22/05/2012 (Reuters) - Malaysian palm oil futures edged up on Monday on improving exports, although gains were capped as investors remained wary over uncertainty surrounding the euro zone.

MARKET DEVELOPMENT
22-05-2012

Indonesia Peatland Back on Protected List in Test Case

22/05/2012 (Reuters) - Indonesia's government said on Monday it would protect a strip of peatland in Aceh province at the centre of an international storm over palm oil development, in a case that had become a test of the country's commitment to halt deforestation.

MARKET DEVELOPMENT
22-05-2012

Indonesiaâ€™s Kharisma Sells 12,000 Tons of Palm Oil

22/05/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesiaâ€™s state-owned plantations, sold 12,000 metric tons of the 18,000 tons it offered at an auction in Jakarta.

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