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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
INDONESIA'S CRUDE PALM OIL PRICE EXPECTED TO RISE IN FEB & MAR
13/1/06 JAKARTA (Asia Pulse) - Executive Director of Indonesia's Joint Marketing Office of PT. Perkebunan Nusantara (PT.PN), Bagas Angkasa predicted that the price of crude palm oil (CPO) on the domestic market would increase in February and March, 2006, due to declining output and increasing demand, and a plan to build biodiesel factories in Asia and Europe.
Palm Stearin Defies Broader Palm Oil Mkt Weakness
12/1/06 KUALA LUMPUR (Dow Jones)--Palm stearin prices are quietly rallying amid concerns of a supply shortage, bucking the general weakness in the broader palm oil market. Industry participants say they expect the trend to continue.
Indonesia Bans Import Of Oil Palm Seeds From Papua New Guinea
12/1/06 JAKARTA, (Asia Pulse) - Indonesia has banned the import of oil palm seeds from Papua New Guinea (PNG) following the finding of lethal yellowing disease in the imported seeds, an agriculture ministry official said here on Wednesday
L-Kepong to increase oil palm plantation operations in Indonesia
11/1/06 Kuala Lumpur (The Edge Daily) - Kepong Bhd (KLK) has proposed to increase its oil palm plantation area in Indonesia via the acquisition of Tri-Force Element Inc and Double Jump Ltd for RM22 million cash.
Europe biofuel plans under fire
12/1/06 (BBC News) - European plans to promote so-called biofuels, fuels made from sugar or vegetable oils, have come under attack.
Sabutek Investing RM8 Mln To Expand Factory
7/1/06 KUALA LUMPUR, (Bernama) -- Sabutek Sdn Bhd, which specialises in palm oil waste derivatives, will invest RM8 million to expand its factory located in Teluk Intan, Perak early next year.
Plasma Timely For Sabah/Sarawak's Growing Palm Oil Industry
6/1/06 LAHAD DATU, (Bernama) -- The setting up of the Palm Oil Training Centre of Malaysia (Plasma) in Lahad Datu, an area identified as the palm oil industry hub of Sabah and Sarawak, is timely in view of the requirement for highly trained resources for the industry which has grown tremendously in the two states, Minister of Plantation Industries and Commodities, Datuk Peter Chin Fah Kui said.
TSH forms alliance for refinery, co-generation plant
1/9/06 (The Edge Daily) - TSH Resources Bhd is forming an alliance with Wilmar Edible Oils Sdn Bhd (WEO) to undertake a palm oil refinery and kernel crushing plant project and the operation of co-generation plant and electricity and steam project.
Indonesian Govt To Raise Export Prices Of CPO And Derivatives
9/1/06 JAKARTA, (Asia Pulse) - The Indonesian government has decided to raise the benchmark export prices of crude palm oil (CPO) and its derivatives to adjust to the prevailing prices in the international market.