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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
Big potential in biodiesel
16/12/2007 (The Star Online), Kuantan - Malaysia has the potential to be the biggest biodiesel producer in the world, Datuk Seri Najib Tun Razak said.
Economy To Gain From Rise Of Biodiesel Industry, Says Najib
15/12/2007 (Bernama), Kuantan - The Malaysian economy is expected to achieve more rapid growth with the rise of the biodiesel industry, Deputy Prime Minister Datuk Seri Najib Tun Razak said Saturday.
High CPO prices burden biodiesel players: Chin
14/12/2007 (Daily Express), Serdang - The current high prices enjoyed by crude palm oil (CPO), moving between RM2,800 to RM2,900 per tonne, are a source of concern for certain industry players, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said Thursday.
Are biofuels a sustainable solution to climate change?
14/12/2007 (The Jakarta Post) - Many countries at this year’s climate change conference – including China, the European Union countries, and the U.S. – have set targets for the use of biofuels to reduce their greenhouse gas emissions.
Edible oils to remain dear in 2008
16/12/2007 (Business Standard) - Demand-supply gap widens despite cut in import duties, hike in MSP.
Papua New Guinea palm oil firm plans London IPO
12/12/2007 (Reuters), London - Papua New Guinea's largest palm oil producer, New Britain Palm Oil, said on Wednesday it plans to list in London and raise 88.9 million pounds ($182 million).
New Britain to cash in on palm oil demand
13/12/2007 (Financial Times) - New Britain Palm Oil is to raise £89m in a London flotation, taking advantage of a surge in demand for cooking oil and biofuels derived from palm trees.
Revise rate of oil palm fruit cess: MP
13/12/2007 (Daily Express), Kota Kinabalu - The Federal government should consider revising the rate of the oil palm fruit cess in Sabah as it is unfair for the industry, said Tawau MP Shim Paw Fatt.
Indonesia has no plans to change palm oil tax
12/12/2007 (Daily Times, Pakistan), Jimbaran, Indonesia - Indonesia has no plans to alter the current palm oil export tax scheme, Trade Minister Mari Pangestu told Reuters on Tuesday, dampening expectations for a new scheme early next year.
