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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
Expanding Ties: Indonesia and Pakistan Enter Trade Agreement
04/02/2012 (The Tribune) - Pakistan and Indonesia have ratified a Preferential Trade Agreement (PTA) to boost trade and investment relations between the two countries, according to an official note received from Jakarta. The Indonesian Minister of Trade Gita Wirjawan and Pakistani Ambassador Sanaullah signed the agreement.
VEGOILS-Palm Oil Hits New Six-Week Low On Strong Ringgit
03/02/2012 (Reuters) - Malaysian crude palm oil touched a new six-week low on Thursday as the ringgit currency strengthened against the U.S. dollar, making it expensive for refiners to buy feedstock to process at a time when demand has slowed.
Atama of Malaysia Plans Congo Palm-Oil Plantation, Ministry Says
03/02/2012 (Bloomberg) - Atama Plantation Ltd. of Malaysia plans to invest 150 billion CFA francs ($300 million) in the Republic of Congo over the next 15 years developing a palm-oil project, the Central African nation’s Agriculture Ministry said.
Exclusive: Indonesia To Set Up $5.6 Billion Plantation Firm
03/02/2012 (Reuters) - Indonesia's government plans to create one of the world's largest palm oil and rubber firms in March by combining state planters with total assets of $5.6 billion, a government minister told Reuters on Thursday.
Crude Palm Oil Sheds 1.27% on Profit-Selling
03/02/2012 (Business Standard) - Crude palm oil prices fell by Rs 6.70 to Rs 516.80 per 10 kg in futures trade today on emergence of profit-selling at existing higher levels amid fall in demand in the spot market.
Poor Offtake Drags Edible oils
03/02/2012 (Hindu Business Line) - Most edible oils extended losses on Thursday on need-based local demand and bearish foreign markets.
RESEARCH ALERT-Credit Suisse ups Indofood Agri target price
03/02/2012 (Reuters) - Credit Suisse has raised its target price for Singapore-listed palm oil firm Indofood Agri Resources Ltd to S$1.63 from S$1.40 and maintained its neutral rating.
Exports Buoyed By Emerging Markets
03/02/2012 (Jakarta Post) - Despite the global economic slowdown, Indonesia’s exports hit an all-time high last year with a total value of US$203.2 billion, buoyed by surging demand from emerging economies, particularly China and India, according to data released by the Central Statistics Agency (BPS) on Wednesday.
RI To Raise Objections To US Regulation on Biodiesel Standards
03/02/2012 (ANTARA News) - Indonesia is preparing to file its objections to a United States` plan to issue a regulation on biodiesel standards which among other things disqualifies biodiesel made from palm oil as a renewable fuel, a minister said.
