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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Iran Turns To India For Wheat As Palm Oil Dries Up
10/02/2012 (Reuters) - Iran has turned to India for wheat supplies as other sellers divert grain cargoes away from the Middle East country because of sanctions-related payments problems that have caused palm oil imports to grind to a halt.
VEGOILS-Palm Oil Slips Ahead of Key Industry Data
10/02/2012 (Reuters) - Malaysian crude palm oil slipped on Thursday after rallying the previous day as traders booked profits ahead of the release of two key reports, while uncertainty over the euro zone debt crisis also dampened investors' risk appetite.
Palm Oil Declines as Monthly Board Report May Miss Expectations
10/02/2012 (Bloomberg) - Palm oil dropped on speculation that a government report due for release tomorrow that includes stockpiles in Malaysia, the second-largest producer, may not show as big a decline in reserves last month as forecast.
Singapore Firms Stop Indonesia Palm Oil Exports To Iran
10/02/2012 (Reuters) - Singaporean firms have stopped supplying Iran with Indonesian palm oil on concerns over the country's ability to make payments in the wake of Western sanctions, trading sources in Singapore said on Thursday.
M’sia Is Top CSPO Producer
10/02/2012 (The Star) - Certified sustainable palm oil (CSPO) has grown to 11% of global crude palm oil production, with Malaysia leading the pack.
Edible Oils Gain On Lower Arrivals
10/02/2012 (Hindu Business Line) - Despite lower-than-expected local demand, edible oils rose on Thursday as local refiners increased prices tracking firm overseas markets. Arrivals of oilseeds dropped in producing centres and soya oil futures firmed up.
Credit Suisse Forecasts 4.8% Growth
10/02/2012 (The Star) - Credit Suisse expects Malaysia's gross domestic product (GDP) growth to outperform regional small open economies, attributable to strong domestic demand, high palm oil and crude oil prices and a governmental fiscal boost.
Food Prices Up In January For 1st Time Since July -FAO
10/02/2012 (Fox Business) - World food prices increased in January for the first time since July 2011, with an overall gain of almost 2% led by oils and cereals, the Food and Agricultural Organization said Thursday.
Others Pay Price of Iranian Sanctions
10/02/2012 (The Nation) - Sanctions against Iran are squeezing the flow of trade from other countries, affecting iron ore, cooking oil and even the aromatic basmati rice that are often routed through the Emirates.