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MARKET DEVELOPMENT  
  22-11-2006

Sickle that's three times as efficient

21/11/06 (NSTP) - KOTA KINABALU: A motorised oil palm harvester could reduce the number of foreign workers needed in the industry.

MARKET DEVELOPMENT  
  22-11-2006

CPO futures rally to above RM1,800

21/11/06 (The Star) - PETALING JAYA: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rallied to close above the RM1,800 mark - the highest in about 2½ years - on speculative buying interest buoyed by higher soy bean prices on the Chicago Board of Trade and China market.

MARKET DEVELOPMENT  
  22-11-2006

IJM to stamp mark in plantations

20/11/06 (The Star) - IJM Plantations Bhd is banking on its maiden venture in biodiesel as well as oil palm related operations in Indonesia and India to strengthen its foothold as a successful plantation player in the Asia-Pacific region.

MARKET DEVELOPMENT  
  22-11-2006

India May Cut Negative List For Asean FTA

20/11/06 (RTTNews) - India has offered further pruning of its negative list of 560 items for Association of South East Nations on which there would be no duty cuts. This is aimed at early conclusion of the negotiations for a free trade agreement with the regional block.

MARKET DEVELOPMENT  
  22-11-2006

Biofuel booming, but needs more support

21/11/06 (AP) - Biofuel production in Australia is booming but the fuel will require further government support to become a viable alternative to conventional fuels in the future, according to a study.

MARKET DEVELOPMENT  
  22-11-2006

Bush Says Supports Indonesia Biofuel Initiatives

21/11/06 (Reuters) - BOGOR, Indonesia - The United States is "very supportive" of biofuel initiatives, President George Bush said on Monday during a visit to Indonesia, which is trying to develop that sector as it copes with growing energy demand.

MARKET DEVELOPMENT  
  22-11-2006

Asean seeks more tariff cuts for free-trade pact

21/11/06 (The Times Of India) - NEW DELHI: Asean has demanded more duty concessions from India to sign a comprehensive economic cooperation agreement (CECA) - a free trade agreement covering goods, services and investment.

MARKET DEVELOPMENT  
  22-11-2006

M'sia Can Become Global Player In Bioenergy Sector

HANOI, Nov 16 (Bernama) -- Malaysia can become a global player in the bioenergy industry if it continues its aggressive plan to develop palm oil into biodiesel.

MARKET DEVELOPMENT  
  22-11-2006

India holds edible oil import prices steady

15/11/06 NEW DELHI (Reuters) - India, the world's leading importer of edible oils, on Wednesday left unchanged the base import prices of palm and soy oils to help keep inflation in check, a finance ministry official told Reuters.

MARKET DEVELOPMENT  
  22-11-2006

Higher Domestic Output Cuts India's Edible Oil Imports By 12%

15/11/06 (RTTNews) - The import of edible oil into India went down by 12% in the oil year 2005-06, November-October, in view of higher domestic output, whereas the import non-edible vegetable oils grew sharply by 73%.

MARKET DEVELOPMENT  
  22-11-2006

Border Trading Centre In Sebatik Can Boost BIMP-EAGA Trade

NUNUKAN (KALIMANTAN), Nov 18 (Bernama) -- The currently slow intra-regional trade within the Brunei Indonesia Malaysia Philippines-East Asean Growth Area (BIMP-EAGA) could get a boost with the setting up of a border-trading centre in Sebatik Island, Tawau, says its state assemblyman.

MARKET DEVELOPMENT  
  13-11-2006

Record palm oil exports

11/11/06 (The Star) - PETALING JAYA: Malaysia's palm oil exports hit a new high in October as strong demand from Europe and the United States more than made up for slower sales to traditional markets like India and China.