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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
‘First in the world’ US 400M integrated biofuel environmental industrial park to be built in Malaysia
03/01/2008 (CheckBiotech) - In a Joint Venture MOU signing ceremony between Malaysia State Government of Perak & Earth Biofuel (Asia) Sdn Bhd, it was announced the intention to build a “First-in-the-World†200 acres Biofuel Integrated Environmental Park in the State which will involve 900,000 carbon credit, a centralized treatment system for 4000 m3/hr industrial & biological waste water, methane gas recovery for 300,000 tonne/year landfill and R&D cum Training Centre generating about 30,000 jobs related to the Project.
Oil World sees rising Indian vegetable oils imports
02/01/2008 (Reuters), Hamburg - India is set to increase vegetable oils imports in coming months, especially of palm oil as its domestic oilseed production cannot cope with rising demand, Hamburg-based oilseeds analysts Oil World forecast.
Orangutan should become symbol of palm-oil opposition
02/01/2008 (Mongabay.com) - Organutans could serve as a symbol to unite conservationists against damaging palm-oil production. In a letter published today in Nature, Oscar Venter, Erik Meijaard and Kerrie Wilson argue that proposals for conservation groups to purchase and run oil palm plantations for the purpose of generating funds for forest protection are unlikely to be successful. The concept was originally put forth by Lian Pin Koh and David S. Wilcove in a 2007 Nature article.
Africa: 2008 Promises Good Returns for Farmers
01/01/2008 (AllAfrican.com) - African producers of almost all agricultural commodities can expect strong prices on global markets next year, with growing investor interest boosting demand-related increases.
India keeps edible oil tariff values unchanged
01/01/2008 (Reuters), Mumbai - India left tariff values unchanged for six palm group oils and crude soybean oil, a Central Board of Excise and Customs notification said on Tuesday.
Prices of oil, rice going out of reach
02/01/2008 (The Daily Star, Bangladesh) - Consumers in lower and middle income brackets have been hit hard by the skyrocketing prices of oil and rice over the last week with traders fearing further jumps due to price hikes on the global market.
Eco-conscious palm oil
01/01/2008 (The Star Online) - Oil palm companies are subjecting themselves to scrutiny to meet consumer demand for eco-friendly palm oil. Palm oil is heading for certification – the first tangible sign of a commitment towards sustainable production of the versatile yet controversial commodity.
India-Asean talks resume next Monday
02/01/2008 (The Bangkok Post) - India-Asean free trade talks are scheduled to resume next week and, if all goes well, a deal will be concluded in March and signed by June after missing earlier deadlines, according to Thai authorities.
Pak-Malaysia FTA to be operational from today
01/01/2008 (The Daily Times, Pakistan), Islamabad - Pakistan and Malaysia are set to enter into a free trade arrangement (FTA) from New Year today under Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA) 2008-2014.
