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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
Perak firm to invest RM60m in Kanowit plantation project
6/3/06 KANOWIT(The Star) - Putaran Bijak Sdn Bhd, based in Ipoh, is to invest about RM60mil in developing about 7,000ha of Native Customary Right (NCR) land here for an oil palm plantation.
Biofuel demand boosts EU veg oil imports
7/3/06 AMSTERDAM (Reuters) - Booming production of biodiesel in the European Union has sharply raised demand for vegetable oils, turning the bloc into a net importer of rapeseed oil and soyoil, Hamburg-based industry publication Oil World said on Tuesday.
Oil World sees rising global demand for soyoil
7/3/06 AMSTERDAM (Reuters) - Increasing global demand for soyoil boosted combined exports by the world's biggest producers to a record high in September/January 2005/06, Hamburg-based industry publication Oil World said.
MPOPC Going Aggressive, Backed With Scientific Findings
4/3/06 KUALA LUMPUR (Bernama) -- The Malaysian Palm Oil Promotion Council (MPOPC) will go for aggressive promotion, backed by scientific findings to enhance the credibility of the golden crop in the world market.
Palm oil: enemy number one of Indonesia's tropical rainforests
1/3/06 PEKANBARU, Indonesia (AFP) - Margarine, lipstick, ice cream, shampoo, chocolate -- all use palm oil as a crucial ingredient but with booming demand, the plantations are swallowing up forests, a conference here heard.
TSH buys Indon palm oil land
1/3/06 (The Edge Daily) - TSH Resources Bhd is acquiring a 100% shareholding in an Indonesian oil palm plantation company PT Teguh Swakarsa Sejahtera, which owns 17,000 ha of land in East Kalimantan, for one billion rupiah (RM402,000) cash.
The stinking truth!
3/3/06 (The Malay Mail) - THE public was told by Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) that excessive ammonia was the reason for their smelly tap water. And that it was nothing to worry about.
European Union rapeseed crop reaches record levels as biofuels market boost demand
1/3/06(USDA/FAS GAIN Report ) - Despite a lower per hectare rapeseed harvest this year, the EU sees a record harvest crop in 2005. This is caused by an increased area planted with rapeseed, a trend that seems to continue also in 2006.
Crude Palm Oil Prices Predicted to Hover Around US$450 Per Ton
28/2/06 JAKARTA (Asia Pulse) - The association of palm oil companies (Gapki) predicted the prices of crude palm oil (CPO) will hover around US$450 per ton this year.