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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
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
India-Asean differences over FTA continues
16/1/06 (Business Standard India) - Differences between India and Asean countries continue over how much bilateral trade should be covered by a proposed free trade agreement.
INDONESIA, MALAYSIA TO CULTIVATE OIL PALM IN WEST SUMATRA
13/1/06 BUKITTINGGI (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.
Felda plans alternative crop for settlers
14/1/06 KUALA LUMPU (The Star) - Felda Holdings Bhd expects to invest at least RM100mil to develop an alternative crop as part of efforts to diversify the income source of its settlers, said chairman Tan Sri Dr Mohd Yusof Noor.
Base Prices for Palm Products Adjusted
5/1/06 (Reuters) - Indonesia has raised the base export prices of some palm oil products, Trade Minister Mari Pangestu said on Thursday (5/1/06).
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.
