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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
Govt mulls incentives for biofuel sales
24/4/07 (The Jakarta Post, Jakarta) - The government is considering offering financial incentives so as to encourage gas stations to stock biofuel blends, says an official.
Palm oil boon may well be biodiesel bane
19/4/07 (Business Times) - MALAYSIA'S crude palm oil (CPO) prices have soared to record levels, but, ironically, may also hurt another equally lucrative and rejuvenated sector - palm oil-based biodiesel.
Palm oil duty slipping on FTA
18/4/07 (The Economic Times) - NEW DELHI: The reason behind the sharp decline in import duties on edible oil in the last few months may go beyond the government's attempt towards controlling inflation.
Malaysia To Hold First Palm Oil Fair In Egypt
DUBAI, April 18 (Bernama) -- In efforts to better generate greater global recognition of the nutritional benefits of palm oil, Malaysia will hold the first Malaysia-Egypt Palm Oil Trade Fair and Seminar in Cairo on April 23-24.
Malaysia supplies oil palm seedlings to Pakistan
17/4/07 (People Daily Online) - Malaysia is supplying oil palm seedlings to Pakistan to establish a 40,000-hectare oil palm plantation in the province of Sindh, local press reported Tuesday.
Kerala demands roll back of palm oil duty cut
19/4/07 (India eNews.com) - A Rajya Sabha MP from Kerala has sought Prime Minister Manmohan Singh's intervention in withdrawing the government's decision to reduce import duty on palm oil as the move would harm the interests of coconut farmers in the state.
Sarawak opening up more peat soil land for oil palm cultivation
18/4/07 (The Star) - Chief Minister Tan Sri Abdul Taib Mahmud said the state, which has 1.7 million hectares of peat soil land - or 63% of the country's 2.7 million hectares - had planted oil palm trees on some 500,000ha of deep peat soil.
Asean's tough posture may delay FTA
19/4/07 (The Economic Times) - NEW DELHI: As India and Asean are about to enter the 16th and probably the last round of negotiations on the proposed free trade agreement (FTA), an integral element of the envisaged comprehensive economic co-operation agreement between them, Asean is again acting tough.
Palm Oil climbs a new high in more than eight years on exports
17/4/07 (The Financial Times) - Palm oil futures rose to the highest in more than eight years on concern that supply may lag behind demand following estimates of higher-than-expected exports from Malaysia, the world's largest producer of the commodity.