Archived News
25-09-2006
Malaysia's palm oil exports to India may fall
24/9/06 MUMBAI (Reuters) - Malaysia's palm oil exports to India are likely to fall to 500,000 tonnes in 2006 from 650,000 tonnes a year ago, despite am import duty cut, a top Malaysian trade official said Sunday.
25-09-2006
Malaysia Will Ensure Adequate Palm Oil Supplies for Food Use
23/9/06 (Bloomberg) -- Malaysia will ensure adequate supply of palm oil for use in cooking, the country's Minister for Plantation Industries and Commodities Peter Chin Fah Kui said
25-09-2006
Biofuel demand to drive global palm, soy prices
24/9/06 MUMBAI (Reuters) - Palm and soy oil prices are expected to rise in coming months as the world's appetite for "green" fuel grows and a greater quantity of oils is diverted to meet energy demand, a top industry analyst said on Sunday.
25-09-2006
Malaysia Seeks to Boost Palm Oil Demand
20/9/06KUALA LUMPUR, Malaysia (AP) -- Malaysia is looking to biodiesel to help boost demand for its palm oil, a top industry official said, amid intense competition with rival Indonesia to sell the commodity to India, a major edible oil consumer.
25-09-2006
Fall in Malaysian palm oil rates impacts edible oil market
21/9/06 (Business Line) - Easing of Malaysian palm oil prices have started impacting local prices. Local refiners have dropped the price of refined palm oil by Rs 2-8 per 10 kg.
25-09-2006
Bursa Malaysia to consider dollar-based palm oil contract
21/9/06 (The Star) - BEIJING: Bursa Malaysia is considering launching a dollar-denominated palm oil futures contract as early as next year to head off potential competition from a rival backed by the Chicago Board of Trade (CBOT), a senior exchange official said yesterda
25-09-2006
Godrej Agrovet signs MoU with Malaysian co for jt venture
23/9/06 (Busines Line) - MUMBAI: Godrej Agrovet Ltd (GAVL) signed a Memorandum of Understanding (MoU) with IJM Plantations Berhad of Malaysia on Saturday to float a new joint venture company that will initially make an investment of Rs 200 crore in the Indian oil palm sector.
25-09-2006
Oil palm by-product draws interest from Mid-East nations
19/9/06 (The Star) - MIRI: Malaysia’s ecomat - an environmentally friendly oil palm by-product that has proven effective in halting the spread of deserts in China - has drawn keen interest from Libya and Lebanon.
25-09-2006
India edible oil imports to rise
22/9/06 MUMBAI (Reuters) - India's edible oil imports in the year ending October 2007 are expected to rise by about 1 million tonnes to 5.5 million tonnes from this crop year on strong demand and expected lower oilseeds output, a top international expert said.
25-09-2006
Plant-fuelled cars could be Indonesia's future by Marianne Kearney
24/9/06 JAKARTA (AFP) - Indonesia's first fully plant-fuelled car has successfully completed a 3,200-kilometre (2,000-mile) road trip. Now its backers are hoping the triumph may herald a new era of sustainable energy in the archipelago nation.
25-09-2006
Vegetable oil market likely to move lower
20/9/06 Mumbai (Busienss Line) - With crude market softening much beyond the expectation of many and current energy market fundamentals not in support of a price spike anytime soon, in tandem with rising global output of oilseeds and vegetable oil, the hype generated by vegetable oil producers, especially palm oil producers, about looming bio-diesel demand is in danger being whittled down.
25-09-2006
Malaysia plans bio-diesel licencing policy review
23/9/06 MUMBAI (Reuters) - Malaysia plans to complete a review of its biodiesel licensing policy by early next year, commodities minister Peter Chin told Reuters on Saturday.