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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
Felda sells stake in palm oil refinery to IFFCO Group
20/4/07 (Business Times) - KARACHI: Federal Land Development Authority (Felda) has sold half of its palm oil refinery in Port Klang for US$5 million (RM17.15 million) to a regional edible oils player, IFFCO Group.
Excuse for not setting up biodiesel factories
25/4/07 (NSTP) - Many biodiesel licensees are reluctant to set up factories while palm oil is enjoying a global boom.
Biodiesel may worsen global warming relative to petroleum diesel
23/4/07 (mongabay.com) - Biodiesel and petroleum diesel have similar environmental impact
Edible Oil Prices Mixed On Import Duty Cut
20/4/07 MUMBAI (Dow Jones)--Indian edible oil prices were mixed in the week to Friday over fears of a rise in imports after the government's decision to cut import duty on crude palm oil.
India's Vegetable Oil Imports May Fall as Rain Boosts Crops
24/4/07 (Bloomberg) -- India, the world's second-biggest vegetable oil buyer after China, may cut imports next year because monsoon rains are forecast to be sufficient to boost the domestic oilseed harvest.
Palm Oil Prices Rise as Stockpiles May Drop on Increased Demand
24/4/07 (Bloomberg) -- Palm oil futures in Malaysia, the world's largest producer of the commodity, gained on speculation that stockpiles will drop on rising demand from China and Europe.
Govt mulls incentives for biofuel sales
24/4/07 (The Jakarta Post, Jakarta) - The government is considering offering financial incentives so as to encourage gas stations to stock biofuel blends, says an official.
Palm oil boon may well be biodiesel bane
19/4/07 (Business Times) - MALAYSIA'S crude palm oil (CPO) prices have soared to record levels, but, ironically, may also hurt another equally lucrative and rejuvenated sector - palm oil-based biodiesel.
Palm oil duty slipping on FTA
18/4/07 (The Economic Times) - NEW DELHI: The reason behind the sharp decline in import duties on edible oil in the last few months may go beyond the government's attempt towards controlling inflation.
