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Mixed forecasts for palm oil at POC2026
CPO prices to consolidate at RM4,000 to RM4,300
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
IOI Chief Fuels Talk of Bid for Asiatic Development Bhd
16/5/07 (BUSINESS TIMES) -- IOI Corp Bhd boss Tan Sri Lee Shin Cheng has fuelled market talk that he is after Genting Bhd's plantation unit, Asiatic Development Bhd, when he did not deny this yesterday.
Indonesian Palm Oil Firm Bakrie Builds Biodiesel Plant
15/5/07 (THE JAKARTA POST) -- BATAM, Riau Islands: PT Bakrie Rekin Bio Energy is building a biodiesel processing plant in Batam, which is expected to start operating mid next year and be able to process 100,000 tons of biodiesel annually, mainly for the overseas market
GM Food Debate Heats Up with Global Warming
15/5/ 07(Soyatech.com) - Pressure for consumer acceptance of genetically modified foods will intensify as global warming brings even harsher environments for our food crops, according to Professor Mark Tester at the University of Adelaide, Australia.
New UN Report Looks at Opportunities, Challenges of Global Biofuels Industry
8/5/07 (AP ) ROME -- Biofuels like ethanol can help reduce global warming and create jobs for the rural poor, but the benefits may be offset by serious environmental problems and increased food prices for the hungry, the United Nations concluded Tuesday in its first major report on bioenergy.
Oilseeds Supply Forecast
8/507 (Soyatech.com) - World Commodity Forecasts Food Feedstuffs and Beverages -- April 30, 2007 -- Our estimate of total oilseeds production in 2006/07 has been raised to 306.9m tonnes, some 5.5m tonnes higher than our expectations three months ago. Higher expectations of South American soybean production account for the bulk of the increase. In 2007/08 production of oilseeds in general is expected to be lower than in 2006/07 and 2005/06.
Sabah gateway to palm oil investment opportunities
25/5/07 (Daily Express ) - Kota Kinabalu: Sabah is the gateway to palm oil investment opportunities, said Assistant Minister of Industrial Development, Hjh Jainab Datuk Hj Ahmad Ayid Thursday.
More buying by China, India may take palm oil to 9-year high
25/5/07 (Reuters) - Kuala Lumpur/New Delhi: Asia\'s vegetable oil guzzlers, China and India, are likely to step up purchases in the coming months and boost palm oil prices, which has already hit near nine-year highs on a squeeze in supplies.
Fuelling needs
17/5/07 (Business Times) -- THE initial euphoria over biodiesel seems to have dissipated somewhat. Now there are voices of concern that the new fuel is by no means a sure path to prosperity for its producers.
China's Largest Oil & Grain Storage Under Construction
9/5/07 (SinoCast) HEBEI-- China's largest oil & grain storage, which is under construction in Hebei, a neighbouring province of the country's capital Beijing, is expected to be completed next year.
