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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
Study on new use for palm oil biofuel
15/1/06 (The Star) - JOHOR BARU: Research will be conducted by Universiti Teknologi Malaysia (UTM) on the feasibility of using palm oil-derived biofuel to power gas turbines, the first such study in the world.
The Miracle Palm
15/1/06 (RedNova) - WHEN the Malaysian Palm Oil Board first started its palm oil-as- fuel research in the 1980's, it all seemed pretty academic because diesel was less than a ringgit a gallon while palm oil was a FOOD - too expensive to burn as fuel. At that time, barrel oil was also USD18 a barrel.
Sejati may sell 50pc stake
16/1/06 (The Malay Mali) - SEJATI Oil Palm Feed Sdn Bhd's shareholders may sell as much as 50 per cent of the company to raise capital to proceed with a plan to build a fibre feed processing plant, said its managing director and dominant shareholder Zainal Ahmad.
INDONESIA, MALAYSIA TO CULTIVATE OIL PALM IN WEST SUMATRA
13/1/06 BUKIT TINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.
EDIBLE OIL SUPPLY REMAINS STABLE IN CHINA
16/1/06 ZHENGZHOU (Asia Pulse) - Despite decrease of import of soybean oil, by nearly one million tons and that of rapeseed oil, by 120,000 tons, China's consumption of oil crops for extracting oil increased as a whole in the 2004/2005 crop year, thus increasing the supply of edible oil as a whole in the year.
India-Asean differences over FTA continues
16/1/06 (Business Standard India) - Differences between India and Asean countries continue over how much bilateral trade should be covered by a proposed free trade agreement.
13/1/06 BUKITTINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.
Felda plans alternative crop for settlers
14/1/06 KUALA LUMPU (The Star) - Felda Holdings Bhd expects to invest at least RM100mil to develop an alternative crop as part of efforts to diversify the income source of its settlers, said chairman Tan Sri Dr Mohd Yusof Noor.
Base Prices for Palm Products Adjusted
5/1/06 (Reuters) - Indonesia has raised the base export prices of some palm oil products, Trade Minister Mari Pangestu said on Thursday (5/1/06).
