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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Crude palm oil's discount to soybean likely until 3Q, may spur Indian demand — analysts
Call to give palm oil refinery licences to firms in Sabah, Sarawak
19/4/06 (Business Times) - MORE licences for palm oil refineries need to be issued in Sabah and Sarawak, the Palm Oil Refiners Association of Malaysia (Poram) said.
Kumpulan Fima to grow agro based businesses
18/4/06 PETALING JAYA (The Star) - Agro-based Kumpulan Fima Bhd (KFima) group is fortunate that it was selected by the Malaysian Palm Oil Board (MPOB) as one of three companies that it will jointly build palm oil-based biodiesel plants with.
Brokers voice concern over CPO futures move
17/4/06 (The Star) - CRUDE palm oil (CPO) brokers and dealers are crying foul over Bursa Malaysia Derivatives Bhd's move to sell its CPO futures daily settlement prices, particularly to Singapore-based Joint Asian Derivatives Exchange (JADE).
Price licensing under review
16/4/06 (The Star) - BURSA Malaysia Bhd is currently reviewing the policy on the sale of its crude palm oil (CPO) futures daily settlement price licences to interested foreign-based futures exchanges.
Coco oil price may hit $ 700 per MT
15/4/06 (Manila Bulletin) - The Philippines can take advantage of a soaring coconut oil (CNO) price in the world market that can reach to $ 700 per metric ton (MT) if only local copra production could rise at a stable, hefty rate, arresting the lamentably low usage of the country's oil milling capacity.
Carotech share price up 91% on biofuel theme
17/4/06 PETALING JAYA (The Star) -- Biodiesel and super Vitamin E producer Carotech Bhd's share price rose 3 sen to a record high of 84 sen yesterday on high crude oil prices and a biofuel theme on the New York Stock Exchange (NYSE).
Asia's biggest bio-diesel plant to open in RP in May
17/4/06 (The Manila Times) - The newly constructed bio-diesel plant of the Filipino-owned Chemrez Inc. will start commercial operations on May 8 this year, the Philippine Biodiesel Association (TPBA) and the Department of Energy confirmed.
Indonesia To Start Producing Biodiesel Fuel Next Year
BATAM, April 15 (Bernama) -- Minister of Energy and Mineral Resources Purnomo Yusgiantoro said here he hoped several regions in Indonesia would be able to start producing biodiesel fuel from castor kernel as an alternative fossil fuel next year, ANTARA news agency reported Saturday.
Demand for palm oil triggers massive expansion in Borneo
12/4/05 (Friend of the Earth) - A new report released today (Wednesday 13 April) reveals how the Indonesian government could develop up to three million hectares of oil palm plantations on the island of Borneo, threatening wildlife and local livelihoods to cater for international demand for cheap palm oil
