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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
Rise in land, building costs pushes up house prices
17/3/07 (Daily Express News) Kota Kinabalu - The increase in land and building costs have pushed up prices of residential properties and those wishing prices of houses would drop may be disappointed.
India to cut palm oil duty again as imports rise - Mistry
14/3/07 KUALA LUMPUR (Reuters) - There is a strong possibility India may cut palm oil duties again in May as India's imports of the commodity rise, Dorab Mistry, a leading palm oil analyst, said on Wednesday.
Scientists develop palm-like oil from non-tropical plants
3/13/2007 (Food Navigator.com) - Using GM techniques to change the activity of a plant enzyme could convert unsaturated oils in the seeds of a temperate plant to the more saturated kind usually found in tropical plants like palm oil, new research suggests.
Oil palm plantation foray into south Thailand mulled
14/3/07 (NSTP) - MALAYSIA, which already has sizeable oil palm plantations in neighbouring Indonesia and Papua New Guinea, now plans to expand to southern Thailand under a government-to-government initiative.
FimaCorp expects RM40m profit from Indonesian palm oil by 2012
13/3/07 (The Edge Daily) - Fima Corporation Bhd (FimaCorp) expects its oil palm plantation in Kalimantan, Indonesia to contribute RM30-RM40 million in net profit by its financial year ending March 31, 2012 (FY12), its managing director Roslan Hamir said.
Palm Oil to Advance on Demand, Biofuel
12/3/07 (Bloomberg News) - The price of palm oil, the world's most traded vegetable oil, will surge this year as demand increases, the impact of drought curbs supply in Southeast Asia and more governments mandate the use of alternative fuels.
Biodiesel made from palm oil might not be as 'green' as hoped
11/3/07 (The Olympian) WASHINGTON - America's drive for energy independence and clean air could threaten orangutans, Sumatran tigers, elephants, rhinoceroses and the world's largest butterflies. All could be hurt as the rainforests of Southeast Asia are cleared to produce palm oil for use in biodiesel.
India's record vegoil imports to benefit Indonesia
13/2/07 (Daily Times) KUALA LUMPUR - Indonesia's palm oil sales to India will surge this year as imports of vegetable oils to the South Asian nation hit record levels, a leading industry official said on Monday.
India's MCX to launch palm futures
13/3/07 (Daily Times) - KUALA LUMPUR: India's Multi Commodity Exchange will launch a domestic crude palm oil futures contract later this month, an exchange official said on Monday.
