Archived News
06-11-2006
CPO futures soar on biodiesel promise
3/11/06 PETALING JAYA: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives hit the RM1,700 per tonne mark yesterday - the highest in more than two years - in anticipation of higher demand for biodiesel globally.
31-10-2006
Azmi Refutes Allegation Oil Palm Planting Affects Wildlife
KUALA LUMPUR, Oct 29 (Bernama) -- The allegation that oil palm planting has affected wildlife and the national forestry system has been described as an attempt to disrupt the oil palm industry by other edible oil producers.
31-10-2006
Cooking Oil Manufacturers Scrambling to Meet Need for Trans Fat-Free Alternatives
31/10/06 CHICAGO (AP) -- KFC's announcement that it will eliminate trans fats from its cooking oil puts more pressure for alternatives on companies that make and distribute the oil.
31-10-2006
Edible oils down as govt extends custom duty cut on palm oil
28/10/06 New Delhi (NewKarala.com) Select edible oils drifted to close in negative zone in the wholesale oils and oilseeds market during the week ended October 28 after the government extended 10 per cent customs duty cut on palm group of oils to two more months till December 31.
31-10-2006
CPO price boost for IOI Corp
30/10/06 (The Edge News) - IOI Corporation Bhd's bottom line is expected to be significantly boosted by the soaring crude palm oil (CPO) price that may average about RM1,900 per tonne next year, said IOI Corp group executive chairman Tan Sri Lee Shin Cheng.
31-10-2006
Malaysia October palm oil exports up 7.4%
26/10/06 (The Edge News) - Exports of Malaysian oil products for Oct 1-25 rose 7.4% to 1,178,379 tonnes from the 1,097,233 tonnes shipped between Sept 1 and 25, cargo surveyor Societe Generale de Surveillance said on Oct 26.
31-10-2006
Introducing bio-fuel: Impact on economy and environment of Bangladesh
31/10/2006 (Financial Express) - The gathering clouds in the political horizon of the world are worrisome for the people of Bangladesh at large considering the oil crisis.
31-10-2006
Dalian plans futures for refined palm oil
24/10/06 (The Star) - BEIJING: China's Dalian Commodity Exchange will not use the Malaysian palm oil prices as a benchmark for its planned palm oil futures contracts.
31-10-2006
CPO prices to remain strong till end-2007
28/10/06 (The Star) - PETALING JAYA: The resurgence of crude palm oil (CPO) prices, which boosted plantation counters in the past trading week, is likely to continue until end-2007.
31-10-2006
Rising demand set to fuel palm oil gains
27/10/06 9BUsiness Times) - BEIJING: Palm oil futures in Malaysia, the world's biggest supplier of the commodity, may gain next year because of rising demand for its use in processed food and fuels, according to Thomas Mielke, editor-in-chief of Oil World.
31-10-2006
Sime plans biodiesel plant in Johor next year
28/10/06 (Business Times) - CONGLOMERATE Sime Darby Bhd plans to build its first palm oil-based biodiesel plant in Johor next year, with an annual capacity of 100,000 tonnes
31-10-2006
Malaysia's 2006 palm oil exports to hit new high
31/10/06 (Business Times) - MALAYSIA'S palm oil exports in 2006 are set to hit a new record of RM31 billion on the back of robust global demand from the food, oleochemicals and biodiesel industries.