Palm Oil Little Changed in Malaysia Amid Speculation Supplies Set to Gain

(Bloomberg) -- Palm oil futures in Malaysia, the
benchmark for the commodity, were little changed near a five-
week high amid speculation the price may decline in the second
half of the year as supplies of the vegetable oil increase.

There's ``potential for weaker crude palm oil prices,''
analyst Andreas Bokkenheuser of PT UBS Securities Indonesia said
today from Jakarta. ``The majority of total-year production
occurs in the second half.''


Read more at Bloomberg Commodities News

Yum Brands 2nd-quarter earnings rise

(Reuters) - Wall Street analysts, on average, had expected earnings of
36 cents per share, according to Reuters Estimates.




Yum shares rose 4.9 percent on Wednesday to close at $34.41
on the New York Stock Exchange after UBS analyst David Palmer
upgraded his rating on the stock to "buy" from "neutral."


Read more at Reuters.com Market News

Fake Lipton Tea, Nescafe Leak Into EU, Cutting Sales for Unilever, Nestle

(Bloomberg) -- Belgian customs official Chris De
Buysscher intercepted a shipment of 20,000 kilograms (44,000
pounds) of fake Lipton tea from China last year. He discovered
800,000 knockoff Oral-B toothbrushes because the accompanying
paperwork was vague about their final destination.

De Buysscher, head of the port of Antwerp's counterfeit-
hunting squad, is on the front line of a new battle in the war
against knockoffs: fake brand-name items including tea, shampoo
and soap. Colgate-Palmolive Co. yesterday warned U.S. consumers
that counterfeit toothpaste that may contain a chemical used in
antifreeze was found at stores in four states.


Read more at Bloomberg Emerging Markets News

Malaysia Palm Oil Gains For Third Day to Record on Chinese, Indian Demand

(Bloomberg) -- Palm oil futures in Malaysia advanced
for a third day to a record on signs of sustained demand from
China and India, the biggest consumers of the vegetable oil.

Malaysian exports of palm oil to China for the first five
months of the year rose 27 percent over the year-earlier period,
taking China's share of exports to 29 percent from 22 percent in
the same period last year, data from cargo surveyor Societe
Generale de Surveillance showed on May 31.


Read more at Bloomberg Commodities News