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MARKET DEVELOPMENT  
  13-12-2005

China To Cancel Quota Control Over Import Of Soybean Oil

BEIJING, Dec 12 Asia Pulse - China will cancel the quota control and state trade management over the import of soybean oil, palm oil and rapeseed oil as of January 1, 2006, according to the Ministry of Commerce.

MARKET DEVELOPMENT  
  13-12-2005

Biodiesel players tie with MPOB

134/12/05 (The Star) - MALAYSIA'S pioneer biodiesel players - Golden Hope Plantations Bhd (GHope), Kumpulan Fima Bhd and Carotino Sdn Bhd - yesterday expressed strong confidence in their partnerships with the Malaysian Palm Oil Board (MPOB) to produce biodiesel.

MARKET DEVELOPMENT  
  13-12-2005

Malaysia, South Korea Sign MoU On Biofuel

12/12/05 PUTRAJAYA, (Bernama) -- Malaysia and South Korea, Monday signed a Memorandum of Understanding (MoU) for collaboration in research and development (R&D) relating to biofuels, particularly oil palm based.

MARKET DEVELOPMENT  
  13-12-2005

MPOB To Help Build 3 Bio-Diesel Plants

12/12/05 PUTRAJAYA, (Bernama) -- In support of the government's move towards renewable energy supply, the Malaysian Palm Oil Board (MPOB), Monday entered into agreements with three companies, namely Rubiatec Sdn Bhd, a subsidiary of Golden Hope Plantations Bhd; Kumpulan Fima Bhd and; Carotino Sdn Bhd for the development of three bio-diesel plants.

MARKET DEVELOPMENT  
  13-12-2005

Indonesia And Malaysia Can't Fix CPO Prices

12/12/05 JAKARTA, (Asia Pulse) - The Asean Vegetables Oil Club (AVOC) said it is impossible for Malaysia and Indonesia, the world's largest and second largest producers of crude palm oil [CPO], to set the price of the commodity

MARKET DEVELOPMENT  
  13-12-2005

Kellogg's Trans-Fat Tradeoff

12/12/05 (Financial Times) - With a new Food and Drug Administration labeling guideline just weeks away, Kellogg (NYSE: K - News) disclosed Friday that it will replace oils high in trans fatty acids in some of its products with a new soy oil that promises to cut or eliminate trans fat content.

MARKET DEVELOPMENT  
  13-12-2005

Don't Interfere, Masing Tells NCR Landowners

11/12/05 KANOWIT (Bernama) -- Sarawak Land Development Minister Datuk Dr James Jemut Masing is concerned over the tendency among some landowners and politicians to interfere in the running of oil palm plantations on native customary right (NCR) lands in the state.

MARKET DEVELOPMENT  
  13-12-2005

Local supplies to trim Indian edible oil imports

10/12/2005 NEW DELHI, (Reuters): Good domestic supplies and stocks are expected to trim India's edible oil imports by more than 100,000 tonnes in November-January, or around 15 per cent, trade and industry officials said yesterday.

MARKET DEVELOPMENT  
  13-12-2005

Duty duel jars Asean symphony

12/12/05 Kuala Lumpur, (The Tetegaph) - A duty duel is raging amid a diplomatic scramble to carve out a pan-Asian free trade area.

MARKET DEVELOPMENT  
  13-12-2005

Settlers told to improve status

13/12/05 (The Star) - PUTRAJAYA: Felda settlers, who will get RM97mil in bonus payments by the end of the month, must strive harder to be either in the middle-income or lower middle-income group, said Deputy Prime Minister Datuk Seri Najib Tun Razak.

MARKET DEVELOPMENT  
  13-12-2005

Govt to proceed with huge plantation plan

11/12/05 (Jakarta Post) JAKARTA: - The government says it will stick to its plan to clear 1.8 million hectares of forest on the Indonesian-Malaysian borders in Kalimantan despite the discovery of a rare carnivore, dubbed the Beast of Borneo, in the island's forests recently.

MARKET DEVELOPMENT  
  08-12-2005

OUTLOOK 06:Palm Oil Sales To Rise On U.S, China Demand

6/12/05 KUALA LUMPUR (Dow Jones)--Palm oil prices found a new supportive factor when anticipated demand from the biofuels sector altered the dynamics of palm oil pricing in 2005.