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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
Bio-diesel may reduce oil bills by 10% up to 2010
4/7/06 (The Jakarta Post, Jakarta) - The government is targeting a 10 percent reduction in the country's consumption of oil-based fuels by 2010 from the current level of 41 million kiloliters (kl) by promoting the production and use of bio-diesel.
Palm oil ready to back biodiesel drive
18/6/06 (The Jakarta Post) - The rapid increase in global oil prices, which reached over US$70 per barrel recently because of the uncertainty in the Middle East, has prompted the government to turn to an alternative energy -- biofuel.
Plantation counters lift market
4/7/06 (The Edge News) - Plantation stocks lifted the market at midday sparked by the surge in crude palm oil futures prices led by the increase in demand from China and firmer soy prices in Chica
Base price for crude palm oil raised, soyabean lowered
30/6/06 (New Kerala) - New Delhi: Government today increased the base import price for crude palm oil by four dollar to 424 dollar per tonne while lowered the base price for crude soyabean oil by 13 dollar to 529 dollar.
S. Cotabato town to develop road network for oil palm plantations
29/6/06 (Sun Star) - KORONADAL CITY -- The City Government here plans to develop new road networks leading to several upland villages to facilitate the ongoing expansion of oil palm plantations in the area.
Malaysia Temporarily Halts New Biodiesel Projects
3/7/06 KUALA LUMPUR, Malaysia (AP) -- Malaysia has suspended giving new licenses for biodiesel production projects amid concerns that an excess of projects could deprive the food market of palm oil, widely used in cooking, a report said Monday
Soaring oil prices propel biofuels into global mainstream
2/7/06 (Reuters) - PARIS: Record high oil prices have propelled biofuels from niche player to the multi-billions dollar commodity mainstream, causing an explosion in new ventures and investor interest that has fired up global agricultural markets.
Look into stagnation of palm oil yields
27/6/06 (The Star) - PUTRAJAYA: Malaysia's stagnating palm oil yields and oil extraction rate (OER) must be addressed immediately, said Malaysian Palm Oil Promotion Council chief executive officer Tan Sri Yusof Basiron.
Palm Oil Plantations Urged to Branch Out
26/6/06 KUALA LUMPUR, Malaysia (AP) -- The Malaysian government urged oil palm plantation companies Monday to plant rubber trees to capitalize on soaring rubber prices, which are currently trading at a 20-year high.
