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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
Palm Oil Industry Will Continue To Enjoy Better Prices In The Future
28/08/2007 (Bernama) - The palm oil industry will continue to enjoy better prices in the future due to the tight supply of edible oils and fats in the world market and strong demand for palm oil as feedstock for the production of palm based biodiesel.
RP palm oil imports to rise three-fold
28/08/2007 (The Manila Buletin Online) - The Philippines is foreseen to import 150,000 metric tons (MT) of palm oil this year, three times its usual import volume for several years amid increased industrial activity domestically.
Ciliandra Perkasa\'s outlook upped to positive on crude palm oil prices - Fitch
26/08/2007 (Thomson Financial), MUMBAI - Fitch Ratings revised its outlook on PT Ciliandra Perkasa to positive from stable, citing support from crude palm oil (CPO) prices and Ciliandra's improving CPO production.
Sarawak Plantation To Buy Land In Kalimantan To Expand Palm Oil Area
28/08/2007 (Bernama), KUALA LUMPUR - Newly-listed main board plantation company Sarawak Plantation Bhd plans to secure land in Kalimantan of between 30,000-50,000 hectares in the next three years in efforts to expand its palm oil acreage.
Felda buys US oleo chemical company
27/08/2007 (The Star Online), PUTRAJAYA - Felda is set to go global through its ventures in the international market in two areas it is most familiar with - palm oil and food.
Palm oil import expected to rise by 10pc: PVMA
25/08/2007 (Daily Times Pakistan), KARACHI - Pakistan’s demand for vegetable oils is expected to surge by as much as 10 percent in the new oil year but rising global prices may curb the size of imports.
IOI Has Biggest Jump in Two Months on Profit Surge
23/08/2007 (Bloomberg) - IOI Corp. shares had their biggest gain in two months after the world's largest palm oil producer said fiscal fourth-quarter profit more than doubled as the price of the commodity surged.
Hawaiian Electric to follow international palm oil standards
22/08/2007 (Associated Press), HONOLULU - Hawaiian Electric Company says it will buy biodiesel only from palm oil plantations that haven't displaced native forests and peoples.
Indonesia may subsidise cooking oil
22/08/2007 (Daily Times Pakistan), JAKARTA - Indonesia is considering subsidising cooking oil prices to make the vegetable oil affordable for the poor, Industry Minister Fahmi Idris said on Tuesday.
