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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
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
Tight Supplies Boost Imported Oils
18/10/2011 (Hindu Business Line) - Imported palmolein and soya refined oil rose by Rs 4 and Rs 2 for 10 kg, as local refiners raised prices by Rs 2-3 on tight local supplies.
KLCI Pares Down Gains at Mid-day Break
18/10/2011 (The Edge Malaysia) - The FBM KLCI pared down some of its gains at mid-day on Monday, Oct 17 as investor sentiment remains cautious despite key regional markets staying in positive territory.
US Swaps Debt with Indonesia to Preserve Borneo Forests
18/10/2011 (International Centre for Trade and Sustainable Development) - The US and Indonesia have struck a seldom seen debt-for-nature exchange deal aimed at helping to protect rapidly declining forest cover in Indonesian Borneo.
Shipping Activity at Port Qasim
18/10/2011 (Business Recorder) - Shipping activity remained active at the Port Qasim where three ships carrying containers, palm oil and diesel oil were arranged berthing at Qasim International Container Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively on Sunday October 16.
Palm Oil Has First Weekly Gain in Four on Chinese Oilseed Demand
17/10/2011 (Bloomberg) - Palm oil advanced to the highest level in more than two weeks after soybeans gained on speculation that China may boost imports to meet rising demand.
Update Data, Indonesia Told
17/10/2011 (The Star) - Indonesia needs to clean up its act and provide up-to-date statistics on its palm oil sector given its status as the world’s largest crude palm oil (CPO) producer, according to an industry player.
NCDEX Soybean Climbs on Palm Oil Gains, Festive Demand
17/10/2011 (Commodity Online) - Taking cues from the upside in Malaysian palm oil prices, soy bean has climbed on the NCDEX. NCDEX October soybean contract has gained 3% at Rs.2141 on 14.00 hrs.
Indonesia’s PT Kharisma Sells 8,000 Tons of Palm Oil
17/10/2011 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 8,000 metric tons of the 12,500 tons of the commodity it offered at an auction in Jakarta today.
Ghee, Cooking Oil Prices Surge
17/10/2011 (Daily Times) - Swinging prices of ghee and cooking oil in the retail markets of Karachi has posed financial hardship for consumers.
