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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
Increased edible oil imports affecting farmers
20/11/05 MUMBAI (The Economic Times) - Increase in the imports of edible oils has started to show its effect on the farmers who are getting low realisation for their produce, industry experts said, warning that condition can worsen if it is not checked.
Polluting river: Oil palm firm fined RM25,000
18/11/05 Sandakan (The Edge Daily) - An oil palm company was slapped with a hefty RM25,000 fine by Sessions Court Judge Ismail Ibrahim Friday for flushing into the river effluent exceeding the permitted concentrate.
Asean Palm Fibre Venture To Take Off Once Leaders Endorse
17/11/05 KUALA LUMPUR, (Bernama) -- A palm fibre manufacturing venture looks set to take off once Asean leaders endorse the project when they converge for their annual summit here next month.
Malaysia to Switch to Bio-Diesel
16/11/05 KUALA LUMPUR, Malaysia (AP) - Malaysia will switch to bio-diesel next year - a year ahead of schedule - with government vehicles slated to start using the palm oil-laced fuel to cushion the impact of rising fuel prices, a news report said Wednesday.
Plantation stocks may take a pause
17/11/05 (The Star) - Plantation shares may consolidate in the short term after their recent price rally on Bursa Malaysia, commodity analysts say. But they add that whether that happens depends on the direction of crude palm oil (CPO) prices, as well as exports and stock levels over the next two months.
Indian edible oil imports rise
16/11/2005 NEW DELHI (Reuters): Edible oil imports by India, the world's largest buyer, rose to 5.04 million tonnes in the year to October from 4.4 million tonnes in the previous year, a leading industry organisation said Wednesday.
Felda moves into herbal business
21/11/05 (The Star) - FOR almost 50 years, Federal Land Development Authority has made numerous inroads in the cultivation of oil palm and rubber, providing a better life for its settlers.
Fats and Oils Industry Profiled -- with Forecasts Through 2013 -- in New Analysis
17/11/05 (soyatech.com) - Business Trend Analysts has just published the latest edition of its study titled "The 2005/2006 Market Outlook for the Fats and Oils." This 545 page report analyzes the size and projected growth of the markets for corn, soybean, peanut, canola, fish, and other oils; edible and inedible tallow; grease; and lard. Demand is also examined from an en-use perspective, covering both edible and inedible uses. This report provides extensive information on raw materials, foreign trade, and industry economics. Consumer surveys track usage patterns for salad/cooking oils, shortening, cooking sprays, margarine, and butter. Major competitors are also profiled.
Cleaner Biodiesel Developed at the Tokyo Institute of Technology
17/11/05 (soyatech.com) - New York Times Full Feed via NewsEdge Corporation : Biodiesel fuel -- soybean or other oil that has been converted for use in diesel engines -- is slowly catching on in the United States. The National Biodiesel Board, an industry group, estimates that some 75 million gallons will be produced this year, triple the production in 2004.
