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MARKET DEVELOPMENT
08-12-2009

Cooking oil tin, 16kg ghee price up by Rs60

08/12/2009 (Dawn.com) - KARACHI: The rising palm oil prices in the world markets have further pushed up the rate of 16kg ghee and cooking oil tins to Rs1,780 from Rs1,720 on Dec 1, compared to Rs1,680 on Nov 1, in Karachi.

MARKET DEVELOPMENT
08-12-2009

Plantation Stocks Drag Share Prices Lower

08/12/2009 (Bernama), Kuala Lumpur - Shares on Bursa Malaysia closed lower on Tuesday led by plantation stocks which dipped on weak crude palm oil prices, a dealer said.

MARKET DEVELOPMENT
08-12-2009

Vegetable Oil Imports by India to Reach Record on Tax

08/12/2009 (Bloomberg) - Vegetable oil purchases by India, the worldâ€™s biggest consumer after China, will reach a record this year as an import tax waiver pares costs and stokes demand in Asiaâ€™s third-largest economy.

MARKET DEVELOPMENT
07-12-2009

Indonesia\'s Palm oil economy drives human fortunes--And orangutan misfortunes

07/12/2009 (Scientific American) - The net worth of Indonesia's 40 richest men has doubled to $42 billion in the past year, driven in no small part by the growing demand for palm oil, according to Forbes magazine's annual examination of the country's top richest people.

MARKET DEVELOPMENT
06-12-2009

â€˜Time is Running Outâ€™ for Sumatraâ€™s Rainforest as Demand for Palm Oil Soars

06/12/2009 (Jakarta Globe) - Driving through Indonesia's central Sumatra, it appears that all life on earth has been obliterated, like a scene from some apocalyptic movie.

MARKET DEVELOPMENT
04-12-2009

Indonesia eyes more palm oil sales to China, Pakistan

04/12/2009 (Pakwatan), Nusa Dua - Indonesia, the world's top palm oil producer, is looking to increase exports to China and Pakistan, an industry official said, amid tougher competition next year as global vegetable oil supplies are expected to rise. More than half of Indonesia's palm oil exports are in the form of crude palm oil, while rival Malaysia sells higher value refined products, making the world's number two producer more efficient in the Chinese market.

MARKET DEVELOPMENT
04-12-2009

Palm Oil May Surge to 3,000 Ringgit a Ton by March, Mistry Says

04/12/2009 (Bloomberg) - Palm oil prices may soar to 3,000 ringgit ($887) a metric ton by March on potential disruption to world edible oil supplies, said Dorab Mistry, director of Godrej International Ltd.

MARKET DEVELOPMENT
04-12-2009

Palm Oil May Jump 20% as El Nino Disrupts Cooking Oil Supplies Share Business

04/12/2009 (Bloomberg) - Palm oil prices may climb 20 percent in the first half of next year as drought disrupts cooking oil supplies and demand expands in China and India, the biggest consumers, according to analysts.

MARKET DEVELOPMENT
04-12-2009

Palm Oil Prices to Surge in 2010 on Back Of Higher Demand, Supply Disruptions

02/12/2009 (Jakarta Globe) - Palm oil, little changed, may extend a four-week rally on speculation demand will remain robust in India and China, the biggest consumers of the edible oils.

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