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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
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
Aussie Government’s Rejection of Compulsory Palm Oil Labelling is Good News, Says Najib
28/10/2011 (Borneo Post) - Prime Minister Datuk Seri Najib Tun Razak said today that the rejection of the proposal for compulsory palm oil labelling by the Australian government, is very much welcomed, especially for Malaysia’s oil palm industry.“The Australian government is not supporting the proposal for compulsory palm oil labelling,†he told the Malaysian media on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) here today.
Palm Oil Soars
28/10/2011 (Business Recorder) - Malaysian palm oil futures rose to a five-week high on Thursday, as a eurozone debt deal boosted investor sentiment, with higher crude prices and lower output expectations offering additional support.
ANALYSIS-Promising Biodiesel Crop Needs Time to Prove Itself
28/10/2011 (Reuters) - Several new companies are betting on the little-known pongamia pinnata tree as a biodiesel feedstock that does not hurt food production, but a decade or more of research and development is still needed to determine its value as a commercial crop.
VEGOILS-Palm at 5-Week High on Euro Zone Agreement
28/10/2011 (Reuters) - Malaysian palm oil futures rose to a five-week high on Thursday, as a euro zone debt deal boosted investor sentiment, with higher crude prices and lower output expectations offering additional support.
MMTC Invites Bids for 22,000 T Palmolein Import
28/10/2011 (Hindu Business Line) - State-owned trading firm MMTC has invited bids for the import of about 22,000 tonnes of RBD palmolein for sale in the domestic market.
Food Exports up By 38.5pc
28/10/2011 (The News International) - Pakistan’s food exports rose by 38.5 percent to $993.71 million in July-September 2011 quarter from $717.45 million, showed figures released by the Federal Bureau of Statistics (FBS).
Malaysia Stocks: Dutaland, Hibiscus Petroleum, Supermax, YTL
28/10/2011 (Bloomberg) - Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur.
IOI, Dutaland in War of Words Over Termination of RM830mil Deal
28/10/2011 (The Star) - Dutaland Bhd and IOI Corp Bhd waged a war of words via Bursa Malaysia website regarding the termination of a proposed acquisition of a large piece of oil palm plantation land in Sabah that was to cost IOI Corp Bhd RM830mil.
Markets Up on EU Plan to Contain Euro Zone Crisis
28/10/2011 (The Edge Malaysia) - Asian markets rallied on Thursday, Oct 27 after euro zone leaders struck a deal to contain the euro crisis, with the key indices up between 1% and 1.7%.
