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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
Fall in Malaysian palm oil rates impacts edible oil market
21/9/06 (Business Line) - Easing of Malaysian palm oil prices have started impacting local prices. Local refiners have dropped the price of refined palm oil by Rs 2-8 per 10 kg.
Bursa Malaysia to consider dollar-based palm oil contract
21/9/06 (The Star) - BEIJING: Bursa Malaysia is considering launching a dollar-denominated palm oil futures contract as early as next year to head off potential competition from a rival backed by the Chicago Board of Trade (CBOT), a senior exchange official said yesterda
Godrej Agrovet signs MoU with Malaysian co for jt venture
23/9/06 (Busines Line) - MUMBAI: Godrej Agrovet Ltd (GAVL) signed a Memorandum of Understanding (MoU) with IJM Plantations Berhad of Malaysia on Saturday to float a new joint venture company that will initially make an investment of Rs 200 crore in the Indian oil palm sector.
Oil palm by-product draws interest from Mid-East nations
19/9/06 (The Star) - MIRI: Malaysia’s ecomat - an environmentally friendly oil palm by-product that has proven effective in halting the spread of deserts in China - has drawn keen interest from Libya and Lebanon.
India edible oil imports to rise
22/9/06 MUMBAI (Reuters) - India's edible oil imports in the year ending October 2007 are expected to rise by about 1 million tonnes to 5.5 million tonnes from this crop year on strong demand and expected lower oilseeds output, a top international expert said.
Plant-fuelled cars could be Indonesia's future by Marianne Kearney
24/9/06 JAKARTA (AFP) - Indonesia's first fully plant-fuelled car has successfully completed a 3,200-kilometre (2,000-mile) road trip. Now its backers are hoping the triumph may herald a new era of sustainable energy in the archipelago nation.
Vegetable oil market likely to move lower
20/9/06 Mumbai (Busienss Line) - With crude market softening much beyond the expectation of many and current energy market fundamentals not in support of a price spike anytime soon, in tandem with rising global output of oilseeds and vegetable oil, the hype generated by vegetable oil producers, especially palm oil producers, about looming bio-diesel demand is in danger being whittled down.
Malaysia plans bio-diesel licencing policy review
23/9/06 MUMBAI (Reuters) - Malaysia plans to complete a review of its biodiesel licensing policy by early next year, commodities minister Peter Chin told Reuters on Saturday.
Indonesia beckons
19/9/06 (NSTP) - WHEN met at a networking session in Jakarta recently, chairman of Indonesia's privately-held Para Group, Chairul Tanjung, urged his Malaysian counterparts to seize the opportunities that his country has to offer in various sectors and invest more.
