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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
Stop Granting Plantation Permits, Say Farmers
24/12/2011 (Tempo Interactive) - Forty representatives from seven villages in East Barito, Central Kalimantan, yesterday demonstrated at the Palangkaraya traffic circle. They were grouped under the Barito Farmers Solidarity (SPPB) group and urged the government to stop granting permits for plantations and mining operations.
Activity at Karachi and Qasim Ports
24/12/2011 (Business Recorder) - The Karachi Port handled 138,577 tonnes of cargo including 118,271 tonnes of import, 20,306 tonnes of export cargo and 4,346 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Friday.
Colombia Launches Sustainable Agriculture Scheme
24/12/2011 (FreshFruitPortal.com) - The Colombian Government has launched an ‘Organic Agriculture Production Chain’ project in a bid to consolidate the organic farming industry and achieve a higher level of institutionalization.
VEGOILS-Palm Oil at Near Two-week High on Weather Concerns
23/12/2011 (Reuters) - Malaysian crude palm oil futures rose to a near two week high on Thursday as traders focused more on heavy rains potentially disrupting production than fixating on concerns of euro zone debt crisis eroding global economic growth.
Groundnut Oil Up; Palmolein Down
23/12/2011 (Hindu Business Line) - In the absence of ready demand, prices of most edible oils declined on Thursday. Malaysian palm oil futures rose for the second consecutive day but did not impact domestic markets as local refineries had reduced the rates for palmolein and soya oil by Rs 3-5 at the start of the day.
Plantation Demand To Slow Down Following Global Economic Deceleration Next Year
23/12/2011 (Borneo Post) - Crude palm oil (CPO) and soybean oil (SBO) demand is set to see a decline, trailing behind an expected deceleration of global economic growth next year.
Agri Buzz : Indonesia Keeps Palm Oil Export Tax Unchanged At 15% For January 2012
23/12/2011 (India Infoline) - As per latest announcement from Indonesia Ministry sources, Indonesia has maintained its export tax for crude palm oil at 15 % for January, unchanged from the December month.
Resisting Trade Protectionism WTO’s Top Priority
23/12/2011 (The Star) - TRADE Ministers from 153 World Trade Organisation (WTO) countries met in Geneva last week to discuss multilateral trade issues. But most will remember this as the year Russia concluded its 18-year marathon negotiations and joined the world organisation.
Branded Edible Oil Prices up Due To Falling Rupee
23/12/2011 (Times of India) - Consumers will have to shell out more for branded edible oils which have become dearer by Rs 2 to Rs 4 per litre due to the depreciation of the Indian rupee against the US dollar. Edible oil makers have taken these price hikes in the last one or two weeks.
