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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
Kulim May Call For EGM, Says Analyst
29/3/06 KUALA LUMPUR (Bernama) -- Kulim (Malaysia) Bhd's recent victory in the Court of Appeal for the contentious 12.2 percent stake in its subsidiary QSR Brands Bhd may prompt the diversified palm oil group to quickly call for an extraordinary general meeting (EGM) to remove the current directors of QSR.
Biofuel Indus Boosts Palm Oil Equipment Sales
23/3/06 KUALA LUMPUR (Dow Jones)--Growing interest in biodiesel is proving to be a boon not only for the palm oil industry, but also for companies providing support services, such as equipment makers.
CBIP makes strategic moves to boost growth
27/3/06 KLANG (The Star) - Palm oil mill expert, CB Industrial Product Holding Bhd (CBIP) will implement strategic moves this year to boost earnings and position the group in domestic and international markets.
India-ASEAN FTA runs into roadblock
24/3/06 (rediff.com) - The India-Asean Free Trade Agreement has hit a roadblock with the agriculture ministry objecting to the inclusion of farm products like pepper, rubber, palm oil, coffee and tea in the tariff liberalisation programme.
Plan for merged GLC plantations
27/3/06 KUALA LUMPUR (The Star) - Plans to create a mega plantation group with strong global presence through the merger of top government-linked (GLC) plantation companies will not take place at least for the next two to three years.
BIOX in talks with plantation companies for JV
23/2/06 (The Edge Daily) - BIOX Group BV, a European-based supplier of biofuel blends for the energy sector, is in talks with several public-listed oil palm plantation companies to secure biomass for its biofuel power plants in Europe.
US regrets lack of action at WTO farm trade talks
25/3/06 GENEVA (Gulf Times) - WTO farm talks, a central part of global free trade negotiations, have made some progress ahead of an April deadline but a breakthrough will come only when key political issues are resolved, officials said yesterday.
EU BIODIESEL GROWRH SEEN SPARKING FOOD PRICE RISE
LONDON, March 24 (Reuters) - Rapid expansion of European Union biofuels production will lead to higher and more volatile food prices, imposing a financial burden on poor countries, an economist with a leading grain trading company said on Friday.
Avoid palm oil to protect your heart and orangutans, says pressure group
3/22/2006 (USA Nutraingredients.com) - A full-page ad in the New York Times encourages consumers to steer clear of palm oil, claiming increased demand for the ingredient is driving the orangutan towards extinction.