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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
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
India eyes more edible oil cargoes before new crop
29/08/2007 (Reuters), Kuala Lumpur - India is expected to buy 1.5 million tonnes of edible oils in the last three months of the oil year to October to meet surging festive demand, a top industry official said on Wednesday, 29 August.
Palm oil mills dumping waste, minister promises action
29/08/2007 (The Star Online), Kota Kinabalu - Some palm oil mill operators are allegedly dumping waste into Sabah rivers, prompting a pledge from a state minister to personally track down these "recalcitrants."
Indonesia plans to scrap palm oil VAT
30/08/2007 (Reuters), JAKARTA - Indonesia plans to scrap a 10 percent value-added tax (VAT) on crude palm oil sold to cooking oil processors and peg a tax on palm oil exports to global prices to ease local cooking oil prices, Agriculture Minister Anton Apriyantono said on Wednesday.
Palm Oil Yield To Expand By Up To 25 Tonnes With New Technologies
29/08/2007 (Bernama), Kuala Lumpur - The average yield of oil palm fresh fruit bunches (FFB) is expected to increase by up to 25 tonnes per hectare per year with the application of new technologies, the Malaysian Palm Oil Board (MPOB), said today.
Palm Oil Use Increases In U.S. Food Industry
29/08/2007 (Bernama), Kuala Lumpur - The trans fatty acids (trans fats or TFA) issue in the U.S. has prompted a significant increase in palm oil use by the food industry in that country, a top official of the Institute of Shortening and Edible Oils (ISEO) in Washington said today.
Price A Major Factor In Determining Palm Oil Demand In India
30/08/2007 (Bernama), Kuala Lumpur - Pricing will be one of the major factors in determining the share that Malaysian palm oil can command in India's lucrative edible oils market, according to an Indian vegetable oils industry official.
Participate Actively In Roundtable Sustainable Palm Oil, Says MPOB
30/08/2007 (Bernama), Kuala Lumpur - Malaysia wants all palm oil industry players to actively participate in the Round Table on Sustainable Palm Oil (RSPO) in efforts to address the misconceptions and negative reports and issues surrounding palm oil plantations.
India’s veg oil imports to soar
30/08/2007 (Commodity Online), MUMBAI - India is expected to import 5-6 lakh tonnes of various vegetable oils every month during the August-October period, which will take the total import for 2006-07 (November-October) to 4.8 million tonnes, compared to 4.4 million tonnes last year.
No change in tariff value of imported edible oils
31/08/2007 (The Economic Times), NEW DELHI - The Finance Ministry today kept the base price of imported edible oil unchanged for the next fortnight, a move aimed at stabilising rates of commodities at current levels.
