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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.

MARKET DEVELOPMENT  
  13-11-2006

Lahad Datu palm oil cluster targets RM1b investments

8/11/06 (The Star) - KOTA KINABALU: The newly launched Lahad Datu Palm Oil Industrial Cluster (POIC) is expected to draw over RM1bil in investments in the next two years.

MARKET DEVELOPMENT  
  13-11-2006

Sime Darby To Increase Landbank For Oil Palm Plantation

KUALA LUMPUR, Nov 7 (Bernama) -- Conglomerate Sime Darby Bhd which is on the road of expansion, plans to increase its landbank for oil palm plantation by 2008, taking into view the continuous rise in crude oil price.

MARKET DEVELOPMENT  
  13-11-2006

Setback for plantation firms if EU bans palm oil based biodiesel

6/11/06 (The Edge Daily) - Plantation companies looking to tap into the biodiesel demand in the European Union (EU) could face a setback if the EU parliament's industry committee's call for a ban on palm oil-based biodiesel is passed.

MARKET DEVELOPMENT  
  13-11-2006

OPEC Fund to support development of Myanmar's edible oil sector

9/11/06 (SeedQuest) - Myanmar's edible oil crop sector will be developed over the next three years with technical assistance from FAO, supported by a loan of US$12.3 million from the OPEC Fund for International Development (OFID).