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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
Biotech Growth Encouraging, Says Muhyiddin
28/12/2011 (Bernama) - Deputy Prime Minister Tan Sri Muhyiddin Yassin said the growth of the biotechnology industry in Malaysia has been very encouraging and the sector could become one of the biggest contributors to the national income.
Agrobank Spots Downstream Activity As New Growth Stream
28/12/2011 (Borneo Post) - Agrobank Bhd (Agrobank) is eyeing growth in downstream activities in the agriculture sector as part of its strategy in diversifying loan portfolio for next year.
Activity At Karachi And Qasim Ports
28/12/2011 (Business Recorder) - The Karachi Port handled 94,485 tonnes of cargo comprising 54,463 tonnes of import cargo and 40,022 tonnes of export cargo including 3,039 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday.
Palmolein Gains Despite Weak Global Cues
28/12/2011 (Hindu Business Line) - Palmolein extended gains by Rs 2 for 10 kg while soya refined oil lost Re 1 for 10 kg in the physical market on Monday despite weak global palm oil and soyabean futures. Rapeseed oil increased sharply by Rs 13 for 10 kg, rising totally by Rs 75 this month. Groundnut oil eased by Rs 5 for 10 kg tracking a weak Saurashtra market. In Rajkot, loose groundnut oil dropped by Rs 20 for 10 kg.
Mixed Trend in Edible Oils
28/12/2001 (MSN) - Mixed conditions prevailed on the wholesale oils and oilseeds market today as select edible oils turned weak on global cues, while a few others moved up on local demand due to marriage season.
Bunge Plans India Expansion With 1,200 TPD Edible Oil Refinery
28/12/2011 (Economic Times) - Agricultural processor Bunge Ltd is planning to set up an edible oil refinery on India\'s western coast as it aims to expand in the world\'s top importer after buying a local firm last week, the head of its Indian unit told Reuters.
Palm Futures Easier on Weak Export Data
28/12/2011 (Business Times) - The crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended the day lower yesterday on weak export data, dealers said.
VEGOILS-Palm Oil Slips on Weak Exports, Weather Eyed
28/12/2011 (Reuters) - Malaysian crude palm oil futures dropped on Tuesday as slowing exports hurt sentiment, while a 6 percent rally last week gave traders an excuse to book profits as well.
Malaysian Headache From Indonesian Duty Cut
27/12/2011 (The Star) - Indonesia's move to further lower its crude palm oil (CPO) export duty from 20% to 16% in the final quarter of 2011 is giving an additional headache to Malaysian palm oil refiners, oleochemicals and biofuel operators alike.