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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
CPO futures end mostly higher on soybean oil gains
Malaysian end of July palm oil stocks hit near two-year high
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Malaysia Still Needs To Look For New Outlets For Palm Oil
DUBAI, June 5 (Bernama) -- Malaysia has to consistently look for new outlets for its palm oil while securing its traditional markets by tracking several elements, according to the Malaysian Palm Oil Council (MPOC).
Soybeans rise on increased global demand
6/6/607 (International Herald Tribune) - CHICAGO: Soybean futures climbed Tuesday, extending a rally to a 35-month high, as demand for vegetable oil to make fuel reduced global inventories of soybeans for food use. Soybean oil rose to a 23-year high.
Biodegradeable plastic from palm oil
5/6/07 (The Star) - KUALA LUMPUR: Producing biodegradable plastic from palm oil may soon be possible if research between the Science, Technology and Innovation Ministry and the Massachusetts Institute of Technology (MIT) goes well.
Indonesia Won't Allow Oil Palm Growers to Cut Forests
5/6/07 (Bloomberg) -- Indonesia, the world's third-largest emitter of greenhouse gases, won't allow oil palm growers to cut primary forests for establishing plantations, Minister for Environment Rachmat Witoelar said.
Jakarta May Make Mines
6/6/07 (The Wall Street Journal) JAKARTA, Indonesia -- The government may require mining companies to put aside part of their production for the domestic market to ensure supply at affordable prices, said Robert Tambunan, an official at Indonesia's Ministry of Energy and Mineral Resources.
Malaysia to allay fears in EU over oil palm cultivation
4/6/07 (Business Times) - MALAYSIA's palm oil, which has gained acceptance in the food processing industry in the US after a long-drawn battle with soyabean oil, is now up against environmentalists in the European Union (EU).
Tax cuts on cooking oil, Ghee likely
2/6/07 (The News, Pakistan) - ISLAMABAD: The government is considering proposals to reduce the taxes on cooking oil and Vanaspati Ghee in the country. The decision in this regard is likely to be announced in the budget 2007-08.
Malaysia Plans New Law to Regulate GM Foods
21/5/07 (AP)- KUALA LUMPUR, Malaysia -- Malaysia will introduce a new law to regulate genetically modified foods but the move is not aimed at stopping imports of biotech products, officials said Monday.
Move to Improve Palm Oil Yield in Malaysia
31/5/2007 Business Times (Malaysia) -- SmallHolders are encouraged to improve their oil palm yield by adopting better agricultural practices so as to raise the industry average of 4 tonnes per ha per year.
