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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
Edible oil prices up despite possible duty reduction
6/6/07 (Financial Express) - MUMBAI, Edible oil prices, mainly refined soy oil, RBD palmolein and groundnut oil, have moved up by Rs 10-25 per 10 kg in the past 15 days following strong overseas markets supported by steady local buying.
PSUs cooking oil import plan
8/6/07 (The Economic Times) - NEW DELHI: If the government wants to bring down vegetable oil prices, it has to simply give the nod. Public sector trading companies and large edible oil companies are discussing the possibility of refining and packing imported vegetable oil for consumers scalded by a boil in prices.
No more rainforest clearing for palm oil
5/6/07 (mongabay.com) - Indonesian Minister for Environment Rachmat Witoelar said Indonesia will not allow palm oil producers to clear primary forests for establishing plantations, reports Bloomberg.
Malaysia Still Needs To Look For New Outlets For Palm Oil
DUBAI, June 5 (Bernama) -- 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).
Soybeans rise on increased global demand
6/6/607 (International Herald Tribune) - CHICAGO: Soybean futures climbed Tuesday, extending a rally to a 35-month high, as demand for vegetable oil to make fuel reduced global inventories of soybeans for food use. Soybean oil rose to a 23-year high.
Biodegradeable plastic from palm oil
5/6/07 (The Star) - KUALA LUMPUR: Producing biodegradable plastic from palm oil may soon be possible if research between the Science, Technology and Innovation Ministry and the Massachusetts Institute of Technology (MIT) goes well.
Indonesia Won't Allow Oil Palm Growers to Cut Forests
5/6/07 (Bloomberg) -- Indonesia, the world's third-largest emitter of greenhouse gases, won't allow oil palm growers to cut primary forests for establishing plantations, Minister for Environment Rachmat Witoelar said.
Jakarta May Make Mines
6/6/07 (The Wall Street Journal) JAKARTA, Indonesia -- The government may require mining companies to put aside part of their production for the domestic market to ensure supply at affordable prices, said Robert Tambunan, an official at Indonesia's Ministry of Energy and Mineral Resources.
Malaysia to allay fears in EU over oil palm cultivation
4/6/07 (Business Times) - MALAYSIA's palm oil, which has gained acceptance in the food processing industry in the US after a long-drawn battle with soyabean oil, is now up against environmentalists in the European Union (EU).
