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MARKET DEVELOPMENT  
  17-10-2006

Felcra To Build Palm Oil Mill In Marang

KUALA TERENGGANU, Oct 15 (Bernama) -- Felcra Berhad will build a RM30 million oil palm processing plant in Marang next year.

MARKET DEVELOPMENT  
  17-10-2006

MPOA Says No Paraquat Residues In Palm Oil

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysian Palm Oil Association (MPOA) has refuted claims that palm oil may contain traces or residues of paraquat.

MARKET DEVELOPMENT  
  17-10-2006

Indofood plans S'pore share sale for edible oil unit

JAKARTA, Oct 16 (Reuters) - The world's largest instant noodle maker, PT Indofood Sukses Makmur Tbk , said on Monday it planned to issue new shares of its edible oil unit in Singapore to help finance the expansion of its plantation.

MARKET DEVELOPMENT  
  17-10-2006

Golden Hope says still viable to produce palm oil-based biodiesel

12/10/06 KUALA LUMPUR: Golden Hope Plantations Bhd maintained that it was still commercially viable to produce palm oil-based biodiesel despite the weakening crude oil prices.

MARKET DEVELOPMENT  
  17-10-2006

India leaves edible oil import prices unchanged

MARKET DEVELOPMENT  
  17-10-2006

After HLL, Godrej to hike soap prices

16/10/06 (The Times of India) MUMBAI: To offset rising costs of palm oil derivatives that go into soap making, Godrej Consumer Products has effected a price increase in soaps.

MARKET DEVELOPMENT  
  17-10-2006

Liberia wins palm-oil investment

13/10/06 ( Financial Times) LOndon - The Liberian government of Ellen Johnson-Sirleaf has secured its first significant foreign investment, weeks before it hopes to complete the renegotiation of a controversial iron-ore concession signed by her predecessor with Mittal Steel.

MARKET DEVELOPMENT  
  17-10-2006

2004/2005 Soybean Imports to China Hit All Time High of 25.8 Million Tons

16/10/06 DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c43554) has announced the addition of 2005-2006 China Oil & Oil Plants Market Review & Outlook to their offering.

MARKET DEVELOPMENT  
  17-10-2006

Rising EU demand for biofuel set to bolster crop prices

16/10/06 (The Financial Times) - The price of wheat has risen this year for the same ­reasons it did in the days of the pharaohs: the weather and the harvest. But looming in the not too distant future - perhaps the year after next - is an entirely new source of demand for agricultural commodities that could keep prices high into the next decade.

MARKET DEVELOPMENT  
  17-10-2006

MPOC And PORAM Organises Pots 2006

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysian Palm Oil Council (MPOC) and Palm Oil Refiners Association Malaysia (PORAM) will be organising the International Palm Oil Trade Fair and Seminar (POTS 2006) from Nov 21-24 at Shangri-La Hotel here.

MARKET DEVELOPMENT  
  17-10-2006

Biodiesel still viable: GHope chief

KUALA LUMPUR: It is still commercially viable to produce palm-based biodiesel despite weakening crude oil prices, said Golden Hope Plantations Bhd chief executive Datuk Sabri Ahmad.

MARKET DEVELOPMENT  
  17-10-2006

Haze-Hit Countries Meeting Ends Without Detailed Plan

16/10/06 (Reuters) PEKANBARU, Indonesia - Southeast Asian nations failed on Friday to agree on a detailed plan to tackle Indonesian forest fires, telling Jakarta it must ratify a smog pact before it could expect large amounts of aid.