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MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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

MARKET DEVELOPMENT  
  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.

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.