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MARKET DEVELOPMENT
15-02-2012

VEGOILS-Palm Hits One Month High On S.America Weather Woes, Exports Eyed

15/02/2012 (Reuters) - Malaysian crude palm oil futures rose to more-than-a-month high on Tuesday, tracking a rally in U.S. soybeans on investor concern that hot, dry weather in South America could hurt production.

MARKET DEVELOPMENT
14-02-2012

VEGOILS-Palm Oil Hits Near 3-Week High As Greece Passes Bill

14/02/2012 (Reuters) - Malaysian crude palm oil futures rose to near three-week high on Monday after Greece passed an unpopular austerity bill that could help avoid a messy default.

MARKET DEVELOPMENT
14-02-2012

Oil Palm Industry Projected For Nickerie

14/02/2012 (Stabroek News) - Chinese investors have projected a palm oil industry in the District of Nickerie, just like in Marowijne and Para, legislator Rashied Doekhie tells de Ware Tijd. Talks are currently underway so Doekhie refuses to name the investors.

MARKET DEVELOPMENT
14-02-2012

Crude Palm Oil Rises Marginally on Global Cues

14/02/2012 (Business Recorder) - Buoyed by a firming global trend, crude palm oil prices edged higher by Rs 1.20 to Rs 531.10 per ten kg in futures trading today.

MARKET DEVELOPMENT
14-02-2012

Steady Trendin Edible Oil

14/02/2012 (Hindu Business Line) - Edible oil market witnessed steady trend on Monday due to lack of demand. In foreign markets, Malaysian palm oil and Dalian soya oil, were showing firm trend after the Greek Parliament approved the latest austerity measures.

MARKET DEVELOPMENT
14-02-2012

Felda Venture Into Canola Business Laudable

14/02/2012 (Bernama) - The Federal Land Development Authority (Felda)'s venture into the canola business in Canada is laudable and will expand Malaysia's presence into the oils and fats industry, said Hulu Selangor Member of Parliament P. Kamalanathan.

MARKET DEVELOPMENT
14-02-2012

Budget May Allocate More To Raise Pulses, Vegetables Output

14/02/2012 (Hindu Business Line) - In an effort to fight relentless inflation in food prices, the upcoming Budget may provide higher allocation for increasing production of pulses, palm oil and vegetables. There is also thinking to involve more cities in the vegetable cluster programme.

MARKET DEVELOPMENT
14-02-2012

Najib To Launch Corridors Programme First Open Day In Sabah On Thursday

14/02/2012 (Bernama) - The people can see the results of the Corridors and Regional Cities Lab announced by Prime Minister Datuk Seri Najib Tun Razak on June 21 last year, on Thursday.

MARKET DEVELOPMENT
14-02-2012

Suit Against Wilmar Struck Out

14/02/2012 (The Star) - Wilmar International, the plantation giant controlled by tycoon Robert Kuok, has managed to strike out a close to RM1bil defamation suit that had been initiated by Malaysian-based palm oil trading firm Pacific Inter-Link Sdn Bhd (PIL).

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