________________________________ From: PalmOil [mailto:i...@palmoil.com] Sent: Wednesday, May 06, 2009 8:10 PM To: Palmoil.com Subscribers Subject: Asian Crude Palm Oil Ends Higher On Indonesia Tax Fears
Asian Crude Palm Oil Ends Higher On Indonesia Tax Fears Crude palm oil futures on Malaysia's derivatives exchange rose Wednesday, erasing most of the previous day's losses on expectations that Indonesia may impose export taxes in June after a six-month hiatus. Read also in category "Palm market news <http://palmoil.com/news/palm_market_news> ": Indonesian Physical Palm Oil Prices May 6 <http://palmoil.com/news/palm_market_news/2009_5_6/indonesian_physical_p alm_oil_prices_may_6_2009_05_06_10_56_36> Following are Indonesian physical palm oil prices quoted by traders in rupiah a kilogram. MARKET TALK: Cash Palm Oil Prices Up On Higher BMD, Demand <http://palmoil.com/news/palm_market_news/2009_5_6/market_talk_cash_palm _oil_prices_up_on_higher_bmd_demand> Malaysia's cash palm oil prices higher on strong demand, tight supply, higher BMD CPO futures. PTPN Withdraws 5,500 Tons CPO Offered Wed Due To Low Bids <http://palmoil.com/news/palm_market_news/2009_5_6/ptpn_withdraws_5_500_ tons_cpo_offered_wed_due_to_low_bids> Indonesia's PT Perkebunan Nusantara Wednesday said it withdrew 5,500 tons of crude palm oil offered in a government auction. Indonesia Astra Agro Sells 2,000 Tons CPO Wednesday <http://palmoil.com/news/palm_market_news/2009_5_6/indonesia_astra_agro_ sells_2_000_tons_cpo_wednesday_2009_05_06_10_26_05> Indonesia's PT Astra Agro Lestari Wednesday said in a statement it sold 2,000 metric tons of crude palm oil offered in an auction. MARKET TALK: BMD CPO Futures Up On Indonesia Export Tax Fears <http://palmoil.com/news/palm_market_news/2009_5_6/market_talk_bmd_cpo_f utures_up_on_indonesia_export_tax_fears> BMD CPO futures higher on expectations that Indonesia may impose export taxes on palm oil, which could tighten supplies. Indonesia May Impose Export Taxes On Palm Oil Again - Execs <http://palmoil.com/news/palm_market_news/2009_5_6/indonesia_may_impose_ export_taxes_on_palm_oil_again_-_execs> Indonesia may impose export taxes on palm oil again following the recent surge in prices, trading executives and analysts said Friday. MARKET TALK: Dry Weather Favors Malaysian Oil Palm Harvest <http://palmoil.com/news/palm_market_news/2009_5_6/market_talk_dry_weath er_favors_malaysian_oil_palm_harvest> Fair weather likely for next few days with isolated rains across Malaysia, says spokesperson in Malaysian Meteorological Department. MARKET TALK: BMD CPO Futures Up Midday On Supply Concerns <http://palmoil.com/news/palm_market_news/2009_5_6/market_talk_bmd_cpo_f utures_up_midday_on_supply_concerns> BMD CPO futures higher midday on expectations that tight supplies of vegetable oils may continue into third quarter. MARKET TALK: Limited Soyoil Impact Likely On BMD CPO Futures <http://palmoil.com/news/palm_market_news/2009_5_6/market_talk_limited_s oyoil_impact_likely_on_bmd_cpo_futures> Lower overnight soyoil may have only limited impact on BMD CPO futures. Read more on Palmoil.com homepage <http://palmoil.com/mainpage/fastview/news/79495> The option of receiving e-mail notification can be easily subscribed or unsubscribed by Registered Users through updating "My Account" section after login. You can choose categories on which you want to receive alerts. http://www.palmoil.com This email and any attachments are confidential and may also be privileged. If you are not the addressee, do not disclose, copy, circulate or in any other way use or rely on the information contained in this email or any attachments. If received in error, notify the sender immediately and delete this email and any attachments from your system. Emails cannot be guaranteed to be secure or error free as the message and any attachments could be intercepted, corrupted, lost, delayed, incomplete or amended. Standard Chartered PLC and its subsidiaries do not accept liability for damage caused by this email or any attachments and may monitor email traffic. Standard Chartered PLC is incorporated in England with limited liability under company number 966425 and has its registered office at 1 Aldermanbury Square, London, EC2V 7SB. Standard Chartered Bank ("SCB") is incorporated in England with limited liability by Royal Charter 1853, under reference ZC18. The Principal Office of SCB is situated in England at 1 Aldermanbury Square, London EC2V 7SB. In the United Kingdom, SCB is authorised and regulated by the Financial Services Authority under FSA register number 114276. If you are receiving this email from SCB outside the UK, please click http://www.standardchartered.com/global/email_disclaimer.html to refer to the information on other jurisdictions.
