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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
East Africa: Bidco Goes to EAC Over Dar's Palm Oil Duty
8/8/06 (Allafrican.com) - Nairobi. Bidco Oil Refineries has asked the East African Legislative Assembly (EALA) to persuade Tanzania to drop the 10 per cent import duty on crude palm oil imposed in this year's budget.
Funds eye M'sia as users scramble for palm oil
8/8/06 (The Edge News) - After taking huge bets on industrial commodities, hedge funds are now angling to reap returns on Malaysia's newly trendy palm oil market.
Global demand for vegetable oils to almost double to 169m tonnes
10/8/06 (The Edge News) - The government has called for oil palm plantation owners to step up their investments given the projected doubling of global demand for vegetable oils to 169 million tonnes annually by 2020.
Snags delaying some POIC deals, says Ewon
8/8/06 (Sabah Daily Express) - Kota Kinabalu: Response from investors to start operations at the Palm Oil Industrial Cluster (POIC) Lahad Datu has been overwhelming but some snags in the sales and purchase provisions are delaying the conclusions of these agreements.
ASEAN says red tape derails India free-trade talks
8/8/06 KUALA LUMPUR (Reuters) - Free-trade talks between ASEAN and India are being derailed by "foot-dragging" bureaucrats and New Delhi's refusal to include palm oil and other sensitive goods, an ASEAN official said on Tuesday.
Indonesia expands biofuel industry
9/8/06 (Sapa) Jakarta - Indonesia will allow foreign oil firms to sell biofuel domestically as the government ploughs ahead with plans to open up the renewable energy source industry, a local report said on Wednesday.
Still a long way before biofuel is on the market
10/8/2006 (The Jakarta Post, Jakarta) - Imagine a world where a farmer could extract oil from his own crops, like palm, soy or peanut oil, and fill up the tank of his tractor. There would be no need to stop by at the gas station for petroleum-based fuels.
Oil palm developers told to be on alert over BSR
8/8/06 (MIRI) - Oil palm smallholders in Sarawak are advised to be on alert for the emergence of a new disease - Basal Stem Rot (BSR) - caused by a fungus called genoderma.
Biodiesel boom changing dynamics of global vegetable oil industry
7/8/2006 (Agriculture Online) - The increasing global appetite for biodiesel and other biofuels is driving demand for vegetable oils to historic levels in world markets, leading to higher prices for vegetable oil relative to meal and causing soybean crushers to reevaluate their business models.
