Latest News

MARKET DEVELOPMENT
26-12-2007

Malaysian government not concerned with rising palm oil prices - minister

16/12/2007 (Forbes) - The Malaysian government is not concerned with the current high price of crude palm oil (CPO) and expects prices to remain firm going forward, supported by strong demand from China and India, Second Finance Minister Nor Mohamed Yakcop said on Monday.

MARKET DEVELOPMENT
26-12-2007

Pakistan second largest importer of palm olien

19/12/2007 (Daily Times, Pakistan), Karachi - In the first 15 days of December, Pakistan imported 68,700 metric tonnes of palm olien that ranked it as the second largest importer of the commodity after China, which imported 213,000 metric tonnes during same period, importers told Daily Times on Monday.

MARKET DEVELOPMENT
17-12-2007

Carotech goes for higher margins

17/12/2007 (The Star Online) - Faced with high operational costs in the production of biodiesel and high crude palm oil (CPO) prices, Carotech Bhd, which also produces phytonutrients for the overseas market, will concentrate on the sales of phytonutrients, which has higher margins.

MARKET DEVELOPMENT
17-12-2007

Big potential in biodiesel

16/12/2007 (The Star Online), Kuantan - Malaysia has the potential to be the biggest biodiesel producer in the world, Datuk Seri Najib Tun Razak said.

MARKET DEVELOPMENT
17-12-2007

Economy To Gain From Rise Of Biodiesel Industry, Says Najib

15/12/2007 (Bernama), Kuantan - The Malaysian economy is expected to achieve more rapid growth with the rise of the biodiesel industry, Deputy Prime Minister Datuk Seri Najib Tun Razak said Saturday.

MARKET DEVELOPMENT
17-12-2007

High CPO prices burden biodiesel players: Chin

14/12/2007 (Daily Express), Serdang - The current high prices enjoyed by crude palm oil (CPO), moving between RM2,800 to RM2,900 per tonne, are a source of concern for certain industry players, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said Thursday.

MARKET DEVELOPMENT
17-12-2007

Are biofuels a sustainable solution to climate change?

14/12/2007 (The Jakarta Post) - Many countries at this yearâ€™s climate change conference â€“ including China, the European Union countries, and the U.S. â€“ have set targets for the use of biofuels to reduce their greenhouse gas emissions.

MARKET DEVELOPMENT
17-12-2007

Edible oils to remain dear in 2008

16/12/2007 (Business Standard) - Demand-supply gap widens despite cut in import duties, hike in MSP.

MARKET DEVELOPMENT
13-12-2007

Papua New Guinea palm oil firm plans London IPO

12/12/2007 (Reuters), London - Papua New Guinea's largest palm oil producer, New Britain Palm Oil, said on Wednesday it plans to list in London and raise 88.9 million pounds ($182 million).

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