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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
Malaysia's commodities exports set to touch RM65b
2/1/06 (Business Times) - THE commodities sector continued to shine last year, with export earnings expected to hit RM65 billion, exceeding the RM62.7 billion recorded in 2004.
INDONESIAN OFFICIAL SEES SLUMP IN GLOBAL CPO MARKET IN 2008
6/2/06 JAKARTA, (Asia Pulse) - A slump is expected to hit the global crude palm oil (CPO) market in 2008 when total production from Malaysia and Indonesia is estimated to reach 30 million tons, an Indonesian industry official said.
CPO Prices May Hit MYR1,600/MT In 2006 - Exec
6/2/06 KUALA LUMPUR (Dow Jones)--With global oil prices remaining high, palm oil prices are expected to move to a higher range in 2006 as the commodity stands to benefit from the expansion of the global biofuels industry, a Malaysian plantations industry executive said.
Malaysian Palm Oil Promotion Council names new CEO
3/2/2006 (India Infoline) - Malaysian Palm Oil Promotion Council (MPOPC) on Thursday announcd that YBhg Tan Sri Datuk Dr Yusof Basiron, a seasoned captain with extensive experience in the palm oil industry has been appointed Chief Executive Officer of MPOPC, effective January 19, 2006.
Red tape blocking oil palm project
2/2/06 MIRI(The Star) - The people of Ulu Teru district in remote northern Sarawak invested their hard-earned money 10 years ago to buy oil palm seedlings for a project.
Over 45 pc dip in Nov-Jan vegoil imports
2/2/06 Mumbai (Business Line) - JANUARY saw a further decline in vegetable oil imports. According to preliminary data made available to Business Line by the industry portal Oilmandi.com, arrivals last month totalled 1.88 lakh tonnes comprising approximately 70,000 tonnes of crude degummed soyabean oil, 98,000 tonnes of crude palm oil and about 10,000 tonnes each of refined palmolein and crude sunflower oil.
Market outlook: Post-holiday rally, plantations surge
5/2/06 (The Edge Daily) - Investors returned from the long Chinese New Year holidays to a rousing rally on Feb 3 - despite the fact that many investors were still away for the long break.
Malaysia-Indonesia palm oil pact seen curbing price undercutting
4/2/2006 (Business Times) - THE proposed palm oil pact between Malaysia and Indonesia, the world's first and second largest producers respectively, will curb price undercutting and spur research and development (R&D) activities.
India's edible oil imports may fall
3/2/06 NEW DELHI (Reuters) - Thurs: Edible oil imports by India, the world's largest buyer, are likely to decline by 21 per cent in the first quarter of 2006 because of strong domestic supplies, a top industry official said today.