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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price forecast to climb for rest of the year
CPO price strength could dissipate through end-2024, says BMI
Tabung Haji commissions Batam palm oil refinery
11/6/07 (Business Times) - BATAM (Indonesia): Lembaga Tabung Haji Malaysia will commission its first ever US$15.6 million (RM54.29 million) palm oil-based refinery today in Batam, Indonesia.
What replaces those trans fats may be almost as bad for you
10/6/07 (US News & World Report) - Entire cities and counties have banned them. McDonald's and Kentucky Fried Chicken have vowed to give them up - as have Starbucks, Ruby Tuesday, and a host of other former sources of sinful pleasures. In response to the 2006 Food and Drug Administration requirement that trans fats be listed on nutrition labels, makers of packaged goods from potato chips to Oreos have brought their totals down to zero.
We are producing palm oil the right way, says Chin
11/6/07 (NSTonline) - MALAYSIA will continue to promote the initiatives of the Roundtable on Sustainable Palm Oil and best practices in improving the productivity and efficiency of the crop with minimal impact on the environment.
Indonesia palm body urges clearer forest mapping
8/6/07 (Reuters) JAKARTA - Indonesian palm oil producers are asking the government to define clearly forest areas that need conserving to help prevent plantations from encroaching on critical habitats, a senior industry official on Friday.
CPO in for more correction
11/6/07 (The Stars) - CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives experienced wild swings last week as prices soared in early trading to new historic highs. They then turned bearish following a wave of heavy selling linked to long-liquidation profit-taking and hedge-selling by producers.
Palm oil futures competitor emerges close by
7/6/07 (Business Times) - MALAYSIA is ready to compete, at least according to Bursa Malaysia Bhd chief operations officer Omar Merican.
Palm oil at new high on tax fears
6/6/07 (The News, Pakistan) - KUALA LUMPUR: Malaysian palm futures climbed 1.7 per cent on Tuesday, setting a new high as firm soyoil and expectations that the Indonesian government would increase export taxes on the commodity boosted the market.
Govt may increase duty on CPO exports by 5 percent
8/6/07 (The Jakarta Post/Jakarta) - In an attempt to curb the rising price of domestic cooking oil, the government may impose an additional 5 percent export duty on crude palm oil (CPO) -- the main raw material used in cooking oil -- next month.
M'sia still needs to look for new palm oil outlets
6/607 (Daily Express News) - DUBAI: Malaysia has to consistently look for new outlets for its palm oil while securing its traditional markets by tracking several elements, according to the Malaysian Palm Oil Council (MPOC).
