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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 strength could dissipate through end-2024, says BMI
CPO price forecast to climb for rest of the year
Rp 13 trillion earmarked for biofuel development
26/9/06 (The Jakarta Post, Jakarta) - The government is setting aside a total of Rp 13 trillion (US$1.4 billion) and nearly 500,000 hectares of land for the development of the country's fledgling biofuel industry next year.
Malaysia's palm oil exports to India may fall
24/9/06 MUMBAI (Reuters) - Malaysia's palm oil exports to India are likely to fall to 500,000 tonnes in 2006 from 650,000 tonnes a year ago, despite am import duty cut, a top Malaysian trade official said Sunday.
Malaysia Will Ensure Adequate Palm Oil Supplies for Food Use
23/9/06 (Bloomberg) -- Malaysia will ensure adequate supply of palm oil for use in cooking, the country's Minister for Plantation Industries and Commodities Peter Chin Fah Kui said
Biofuel demand to drive global palm, soy prices
24/9/06 MUMBAI (Reuters) - Palm and soy oil prices are expected to rise in coming months as the world's appetite for "green" fuel grows and a greater quantity of oils is diverted to meet energy demand, a top industry analyst said on Sunday.
Malaysia Seeks to Boost Palm Oil Demand
20/9/06KUALA LUMPUR, Malaysia (AP) -- Malaysia is looking to biodiesel to help boost demand for its palm oil, a top industry official said, amid intense competition with rival Indonesia to sell the commodity to India, a major edible oil consumer.
Fall in Malaysian palm oil rates impacts edible oil market
21/9/06 (Business Line) - Easing of Malaysian palm oil prices have started impacting local prices. Local refiners have dropped the price of refined palm oil by Rs 2-8 per 10 kg.
Bursa Malaysia to consider dollar-based palm oil contract
21/9/06 (The Star) - BEIJING: Bursa Malaysia is considering launching a dollar-denominated palm oil futures contract as early as next year to head off potential competition from a rival backed by the Chicago Board of Trade (CBOT), a senior exchange official said yesterda
Godrej Agrovet signs MoU with Malaysian co for jt venture
23/9/06 (Busines Line) - MUMBAI: Godrej Agrovet Ltd (GAVL) signed a Memorandum of Understanding (MoU) with IJM Plantations Berhad of Malaysia on Saturday to float a new joint venture company that will initially make an investment of Rs 200 crore in the Indian oil palm sector.
Oil palm by-product draws interest from Mid-East nations
19/9/06 (The Star) - MIRI: Malaysia’s ecomat - an environmentally friendly oil palm by-product that has proven effective in halting the spread of deserts in China - has drawn keen interest from Libya and Lebanon.
