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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Edo Plans To Register Oil Palm Growers
14/02/2012 (BusinessDay) - In line with its policy to boost agricultural production especially in the oil palm production, Edo State Government has concluded plans to commence registration of oil palm growers in the state.
Weaker CPO Prices Seen
14/02/2012 (The Star) - Crude palm oil (CPO) prices are expected to be weaker in the second half of the year, according to research analysts.
Felda Global IPO on May 10
14/02/2012 (Business Times) - Malaysian plantation firm Felda Global Venture Holdings Bhd will launch its initial public offering on Malaysia’s stock exchange on May 10, state news agency Bernama cited a senior government official as saying today.
Palm Oil Producer BW Plantation to Buy Up Land With $88m Loan
13/02/2012 (Jakarta Globe) - Eyeing growth in the crude palm oil sector, BW Plantation, a listed company, has secured a Rp 800 billion ($88.8 million) loan facility to expand its subsidiaries and buy more plantation land.
‘Revise Pricing Formula For Oil Palm Fruit Bunches\'
13/02/2012 (Hindu Business Line) - The Union Government is taking all steps to promote oil palm cultivation in the country to meet edible oil scarcity and for import substitution, but unless farmers get a remunerative price for the fresh fruit bunches (FFB), the situation will not improve, said Dr Y. Sivaji, honorary president of the AP Tobacco Growers' Association and a former member of the Rajya Sabha. Dr Sivaji, who participated in pre-budget consultations with the Union Finance Minister, Mr Pranab Mukherjee, pleaded in a written note that the present price fixing formula for oil palm FFBs is “unscientific and wholly in favour of the oil palm processor rather than the farmer. Unless farmers get remunerative price for FFB, the objective of area expansion cannot be achieved.â€
Indonesia\'s Bumitama Revives $160 Million Singapore IPO
13/02/2012 (Business Recorder) - Indonesian palm oil firm Bumitama Gunajaya Agro is reviving its $160 million initial public offering in Singapore after shelving it in June, a signal that investors' appetite for IPOs could be returning.
Felda Adds RM200 Million To Loan Facility For Settlers
13/02/2012 (Bernama) - The Federal Land Development Authority (Felda) has added RM200 million to its loan facility for settlers to build and repair their houses.
Masing: Plantation Sector in Dire Need of Workers, Managers
13/02/2012 (Borneo Post) - The Sarawak plantation industry needs more labourers and managers in order to achieve the targeted two million hectares of cash crops by 2020.
Malaysia\'s Palm Oil Output Growth To Decelerate
13/02/2012 (Bernama) - Malaysia's palm oil output growth for this year is expected to decelerate, on higher-than-expected planting over the past three years, says HwangDbs Vickers Research.