|
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
Crude palm oil's discount to soybean likely until 3Q, may spur Indian demand — analysts
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Felda aid for Sabah poor
20/1/06 TUARAN (Daily Express) - Sabah will receive about RM150mil over the next five years to help poverty-stricken families in the state.
GHope Aims For RM1 Bln Profit
19/1/06 KUALA LUMPUR, (Bernama) -- Golden Hope Plantations Bhd, the world's second biggest producer of fatty acids, aims to achieve RM1 billion in pre-tax profit in four years.
Govt cuts base import price of crude palm, soybean oil
16/1/06 (India Online) - The Government on Monda announced that it had marginally slashed the base import prices of crude palm and soybean oils. India is one of the world's leading edible oil importers and imports 150,000-200,000 tons of crude palm oil every month.
RI, Malaysia to set up palm oil body
15/1/06 (The Jakarta Post) - Indonesia and Malaysia, two of the world's largest crude palm oil producers, agreed last week to set up a joint body to regulate the international price of the commodity.
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.
