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MARKET DEVELOPMENT
16-02-2012

\'Palm Oil To Trade Above RM3,000\'

16/02/2012 (Business Times) - Oil palm planters can look forward to another prosperous year as palm oil prices is expected to trade above RM3,000 per tonne due to global demand for the edible oil outstripping supply.

MARKET DEVELOPMENT
16-02-2012

RSPO Addresses Responsible And Sustainable Plantation Practices With Holistic Stakeholder Approach

16/02/2012 (Borneo Post) - With growing global concern and calls for action for responsible, economically-friendly and sustainable practices in the plantation sector, one coalition has come to the forefront in addressing these issues with a holistic approach.

MARKET DEVELOPMENT
15-02-2012

Palm Oil Rises

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

MARKET DEVELOPMENT
15-02-2012

Palm Oil Up 0.4% On Strong Global Cues

15/02/2012 (Business Standard) - Tracking a firming global trend, crude palm oil prices rose by Rs 2.20 to Rs 533 per 10 kg in futures trading today.

MARKET DEVELOPMENT
15-02-2012

India\'s January Vegetable Oils Imports Down

15/02/2012 (Business Recorder) - India imported 659,979 tonnes of vegetable oils in January, down 8.5 percent from a year earlier, data released by a leading trade body showed on Tuesday, lower than the average forecast in a Reuters survey Palm oil imports - the bulk of India's edible oil purchases - eased 2.6 percent in January to 511,043 tonnes, data released by the Solvent Extractors' Association of India (SEA) showed.

MARKET DEVELOPMENT
15-02-2012

Indonesia Ready To Respond To EPA Warning

15/02/2012 (Tempo Interactive) - The government is ready to respond to the Environmental Protection Agency (EPA) notification on Indonesian oil palm products and their derivatives which have been considered to be environmentally unfriendly. Agriculture Ministry, Trade Ministry, and other ministries engaging in technical matter have gathered research data and are ready to respond to the warning.

MARKET DEVELOPMENT
15-02-2012

Felda Targets $6.9B Market Value in Malaysia

15/02/2012 (Bloomberg) - Felda Global Ventures Holdings Bhd., Malaysiaâ€™s biggest plantation operator, aims to file documents this week for the nationâ€™s biggest initial share sale in more than a year, the parent companyâ€™s chairman said.

MARKET DEVELOPMENT
15-02-2012

Turkey Expects Bilateral Trade With Malaysia To Increase To US$2 Billion

15/02/2012 (Bernama) - Turkey expects its bilateral trade with Malaysia to increase to US$2 billion this year from US$1.75 billion last year, driven by the huge potential in the construction sector and the signing of the free trade agreement (FTA) expected by mid-year.

MARKET DEVELOPMENT
15-02-2012

The Dash Across Is Growing Difficult For Iranian Exporters In Oman

15/02/2012 (The National) - Iranian exporters in Oman are struggling to send home staples, such as rice, in the face of US-led sanctions against Iran.

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