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MARKET DEVELOPMENT
02-02-2007

Asia biodiesel makers warily hedge growing risks

29/1/07 SINGAPORE, (Reuters) - Asia's big biodiesel producers are starting to secure their green investments by hedging against falling oil prices and rising feedstock costs, but the move may carry even bigger risks for infant players.

MARKET DEVELOPMENT
29-01-2007

Govt cuts duty on edible oil

24/01/07 (The Telegraph) New Delhi, - Continuing its fight against rising inflation, the government today cut customs duty on edible oil by up to 12.5 per cent and froze tariff values at the July 2006 levels.

MARKET DEVELOPMENT
29-01-2007

Ethanol: A Risky Business

26/01/07 (BusinessWeek Online)-- In his State of the Union address, President Bush pleased some audience members by proposing to radically increase the amount of alternative fuel usage.

MARKET DEVELOPMENT
29-01-2007

PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, DECEMBER 2006

MARKET DEVELOPMENT
29-01-2007

CP to make palm oil for biodiesel plants

29/1/07 (BangkokPost) - The Charoen Pokphand Group (CP) has delayed a project to produce biodiesel from palm oil for the government, and shifted to growing and selling palm saplings to serve local plantations.

MARKET DEVELOPMENT
29-01-2007

Macquarie raises crude palm oil forecast

27/1/07 (Bloomberg) - The price of crude palm oil, the world's most-traded vegetable oil, may average 17 per cent higher in 2007 than an earlier estimate as its demand as a fuel additive competes with its use in food, PT Macquarie Securities Indonesia said.

MARKET DEVELOPMENT
29-01-2007

Chin Teck to plant 2,000-3,000ha of palm trees in Indonesia

26/01/07 (The Star) KUALA LUMPUR - Chin Teck Plantations Bhd, which made its second foray into Indonesia last year, plans to cultivate 2,000 to 3,000ha of oil palm trees in Sumatra this year.

MARKET DEVELOPMENT
29-01-2007

Felda unit aims to bolster position

29/01/07 (The Star) - FELDA Agricultural Services Sdn Bhd (FAS), a unit of Felda Holdings Bhd, plans to strengthen its position as the market leader in the production of oil palm hybrid seeds and clones (or ramets) in Malaysia and regionally.

MARKET DEVELOPMENT
29-01-2007

Malaysian Companies Sign Deal to Move Palm Oil Merger Plan Forward

24/01/07 KUALA LUMPUR, Malaysia (AP) -- Malaysia's Synergy Drive Sdn. Bhd. said Wednesday it signed an agreement to buy the entire assets and liabilities of three companies in a bid to create the world's largest listed palm oil producer.

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