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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
India hopes to conclude FTA with ASEAN by March
23/01/2008 (The Economic Times), New Delhi - A free trade agreement between India and 10-nation ASEAN is likely to be operationalised by January 2009, with negotiations expected to conclude by March this year, Commerce Secretary Gopal Pillai said on Wednesday.
Govt yet to decide on edible oil duty cut
18/01/2008 (The Hindu), New Delhi - The government on Friday said it has not yet decided on reducing the customs duty on imported edible oils such as palm oil and soya oil.
Palm oil industry prepares geen initiative to counter criticism
18/01/2008 (Mongabay.com) - Global food and consumer goods giants are backing a plan to certify that palm oil is produced in a way that doesn't drive destruction of tropical rainforests, reports The Wall Street Journal. The move comes as the palm industry is facing increasing scrutiny -and consumer backlash - for its practices which scientists say are driving large-scale destruction of forests across Indonesia and Malaysia, resulting in massive greenhouse gas emissions.
Biofuels \'do more harm than good\'
20/01/2008 (Guardian Unlimited) - Controversial plans to make cars greener by using fuel made from crops and animal fat will be thrown into doubt this week when MPs are expected to question whether they will do more harm than good.
Chinese firm\'s biogas project put into operation in Malaysia
19/01/2008 (Xinhua), Rompin, Malaysia - A project, implemented by a Chinese-funded firm and uses biotech to turn waste water from palm oil refineries into electricity, has been put into operation successfully in Malaysia, a Chinese embassy official said here on Saturday.
Dark side of a hot biofuel
20/01/2008 (Sacbee.com) - Every morning, the cage doors swing open and 34 orangutan orphans climb into the outstretched arms of their human mothers.
Edible oils tariff values kept unchanged
15/01/2008 (The Economic Times), New Delhi - The base prices of edible oils, which determine the customs duties on them, have been kept unchanged by the government as the domestic prices remain high.
Biodiesel squeezes palm supply
16/01/2008 (The Bangkok Post) - The mandatory introduction of biodiesel next month has had little impact on crude palm oil supplies, insists Chaiwat Churit, a senior executive vice-president of PTT Plc. The Energy Ministry plans to make B2 biodiesel, a blend of 2% biofuel and diesel, the universal standard starting from Feb 2.
E.U. may ban palm oil biodiesel
15/01/2008 (Mongabay.com) - The E.U. may ban imports of certain biofuel feedstocks that damage the environment, reports The New York Times. While Europe aims to supply 10 percent of all vehicle fuel from biofuels by 2020, environmentalists say some biofuels like palm oil are driving the destruction of biologically-rich rainforests and may produce more emissions than conventional fossil fuels.
