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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
MPOC Expects CPO Price To Hold Steady At RM4000 In October
More contracts seen for CBIP
22/10/2005 (The Star) - AmResearch Sdn Bhd has maintained a positiveoutlook on CB Industrial Product Holding Bhd (CBIP) due to its growthpotential over the next two years, firm standing in the palm oil millindustry and attractive valuation.
Off and running hard for the biofuel prize
22/10/05 (The Star) - Biofuel is being touted as the next big thing in anenergy-stingy world. Malaysia is jumping on the bandwagon with its palmoil derivative.THE country’s solution to rising fossil fuel prices, worsening airpollution and the depletion of its petroleum reserves is grown on trees -oil palm trees, that is.
Palm oil firm profits from pollution
23/10/05 (Bangkok Post) - Asian Palm Oil Co will be used as a role modelfor industries that want to turn pollution into profit, after successfullytackling its problems in Krabi, according to the Industrial WorksDepartment (IWD).
Palm Oil Industry's Bio-fuel Hopes Overstated
20/10/05 KUALA LUMPUR (Dow Jones) - Recent optimism of surging demandfor palm oil as a fuel substitute in Europe may be overdone as there arestill major obstacles to the use of the commodity in this emerging sector,a European bio-fuels industry official said.
PPB to buy 2 Indonesian palm oil firms
21/10/05 (The Edge Daily ) - Plantation firm PPB Oil Palms Bhd will buymajority stakes in two Indonesian palm oil plantation companies for morethan US$122 million (RM460 million) as it expands in Southeast Asia, thefirm said on Oct 21.
India May Buy More Soyoil After Base Price Change
18/10/05 NEW DELHI (Dow Jones)--The Indian government's decision over theweekend to raise the base import price for edible oils may lead to a shiftin demand in favor of crude soybean oil, traders said Tuesday.
Argentina angling to join biofuels race
18/10/05 CHACABUCO, Argentina (Reuters) - Armed with 12 tonnes ofsoybeans, a young Argentine engineer named Edmundo Defferrari can produceenough fuel in one day to fill the tanks of five soy trucks.
Bio-diesel card being overplayed a little
18/10/05 (Business Line) - FIRM crude prices and no prospects of a majordownward correction anytime soon have forced all major economies toexamine cheaper alternatives, including bio-ethanol and bio-diesel. Demandfor bio-diesel translates into a diversion of a part of global vegetableoil pool for energy purposes.
Doubts grow over Borneo plantation plan
18/10/05 (financial time com) - When Jusuf Kalla, Indonesia'sbusinessman vice-president, travelled to China in August he signed an $8bnfinancing deal with the China Development Bank that cleared the way forone of the world's biggest agricultural projects.
