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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
Palm Oil to Advance on Demand, Biofuel
12/3/07 (Bloomberg News) - The price of palm oil, the world's most traded vegetable oil, will surge this year as demand increases, the impact of drought curbs supply in Southeast Asia and more governments mandate the use of alternative fuels.
Biodiesel made from palm oil might not be as 'green' as hoped
11/3/07 (The Olympian) WASHINGTON - America's drive for energy independence and clean air could threaten orangutans, Sumatran tigers, elephants, rhinoceroses and the world's largest butterflies. All could be hurt as the rainforests of Southeast Asia are cleared to produce palm oil for use in biodiesel.
India's record vegoil imports to benefit Indonesia
13/2/07 (Daily Times) KUALA LUMPUR - Indonesia's palm oil sales to India will surge this year as imports of vegetable oils to the South Asian nation hit record levels, a leading industry official said on Monday.
India's MCX to launch palm futures
13/3/07 (Daily Times) - KUALA LUMPUR: India's Multi Commodity Exchange will launch a domestic crude palm oil futures contract later this month, an exchange official said on Monday.
KFC owner sticks by its cooking oil
13/3/07 (Sydney Morning Herald) - The Assistant Health Minister, Chris Pyne, hosted a meeting of industry leaders in Sydney yesterday but failed to secure unanimous support from fast-food groups for healthier cooking.
The downside of efforts to control global warming
12/3/07 (Scripps News) - America's drive for energy independence and clean air could threaten orangutans, Sumatran tigers, elephants, rhinoceroses and the world's largest butterflies. All could be hurt as the rainforests of Southeast Asia are cleared to produce palm oil for use in biodiesel.
Malaysia Form more Tie-ups in Pakistan
13/3/07 (Pakistan Times) ISLAMABAD - Malaysia is expected to increase its investments in Pakistan, particularly in food manufacturing and oleochemicals.
KAF raises target price for TSH to RM3.60
12/3/07 (The Edge Daily) - KAF Research has doubled its target price for TSH Resources Bhd to RM3.60 from RM1.80 on the expected higher earnings from its palm bio-integration and palm oil refinery operations.
Revolutionary Nanoil From Green Bio-Diesel Prepares For Retail Sales
6/3/2007 (ChemicalOnline) - Seaford, DE - Nano Chemical Systems Holdings, Inc. announced recently NanOil, a two-cycle engine oil that is "smokeless" operating, environmentally friendly "Green" product, performs as a "moly" oil and can be made from by-products of one type of Green Palm Biodiesel production. NanOil is the first commercially offered organic synthetic oil.